Salary Estimate for Toronto, ON
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.
$50,048
Median
$39,040 Low
$83,328 High
Salary Details
| Location | Median Salary |
|---|---|
| Toronto, ON | $50,048 |
| National | $55,424 |
| Location +/- | -11% |
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Advance your career
These are potential next steps in this career path.
- Commercial Relationship Manager
- Mortgage Loan Officer
- Mortgage Manager