Salary Estimate for Lancaster, Ontario

A Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or other lender. Markets products and provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May specialize in loans to businesses or individuals, or in loans to buy real estate.

$48,000
Median
$38,016 Low
$83,328 High
LocationMedian Salary
Lancaster, Ontario$48,000
National $55,424
Location +/--15%
These are potential next steps in this career path.
  • Commercial Relationship Manager
  • Mortgage Loan Officer
  • Mortgage Manager