Salary Estimate for Toronto, 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.
$47,232
Median
$38,016 Low
$83,328 High
Salary Details
| Location | Median Salary |
|---|---|
| Toronto, Ontario | $47,232 |
| National | $55,424 |
| Location +/- | -17% |
Advance your career
These are potential next steps in this career path.
- Commercial Relationship Manager
- Mortgage Loan Officer
- Mortgage Manager