Mortgage Loan Officer Salary Trends for Elgin, IL
Mortgage Loan Officer yearly salaries averaged $51,000 near Elgin, IL and $59,961 nationally. Most recently the national yearly salaries increased $15,000 (23.1%) compared to more than a year ago they increased $1,250 (1.9%).
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Local and National Salary Trends
| Job Title |
Location |
Local Average |
National Average |
| Mortgage Loan Officer |
Elgin, IL |
$51,000 |
$59,961 |
National Salary Trends Over Time
| Date |
Mortgage Loan Officer |
| July 2021 | $63,750 |
| August 2021 | $53,750 |
| September 2021 | $56,000 |
| October 2021 | $56,111 |
| November 2021 | $60,000 |
| December 2021 | $59,667 |
| January 2022 | $57,368 |
| February 2022 | $58,333 |
| March 2022 | $62,368 |
| April 2022 | $58,500 |
| May 2022 | $58,857 |
| June 2022 | $57,619 |
| July 2022 | $59,032 |
| August 2022 | $59,861 |
| September 2022 | $55,962 |
| October 2022 | $57,500 |
| November 2022 | $58,889 |
| December 2022 | $63,966 |
| January 2023 | $58,286 |
| February 2023 | $62,805 |
| March 2023 | $64,200 |
| April 2023 | $57,692 |
| May 2023 | $53,333 |
| June 2023 | $58,333 |
| July 2023 | $61,563 |
| August 2023 | $77,500 |
| September 2023 | $59,000 |
| October 2023 | $63,438 |
| November 2023 | $73,462 |
| December 2023 | $67,143 |
| January 2024 | $62,000 |
| February 2024 | $65,000 |
| March 2024 | $61,250 |
| April 2024 | $50,000 |
| May 2024 | $65,000 |