How much do mortgage loan officers make in Hawaii?

Loan Officer in Hawaii Salaries

Job Title Location Salary
Veterans United Home Loans Mortgage Loan Officer salaries – 2 salaries reported Hawaii $5,544/mo
DHI Mortgage Senior Loan Officer salaries – 2 salaries reported Hawaii $43,916/yr
loanDepot Mortgage Loan Processor salaries – 2 salaries reported Hawaii $24/hr

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Simply so, are loan officers happy?

Loan officers are one of the least happy careers in the United States. … As it turns out, loan officers rate their career happiness 2.5 out of 5 stars which puts them in the bottom 5% of careers.

Thereof, can a loan officer lower your interest rate? Many people aren’t aware they can negotiate their mortgage or refinance rate. Actually, it’s totally possible. But it’s not as simple as haggling over percentage points. To negotiate your mortgage rate, you’ll have to prove that you’re a credit-worthy borrower.

Furthermore, can loan officers make millions?

Pitching government loans, top mortgage officers can make millions a year, according to Jim Cameron, senior partner at Stratmor Group, a mortgage industry advisory firm.

How many loan officers are in Hawaii?

Geographic profile for Loan Officers:

State Employment (1) Annual mean wage (2)
New York 12,560 $ 104,400
Maryland 5,040 $ 92,060
Hawaii 1,280 $ 91,880
Georgia 10,830 $ 86,200

How many loan officers does Guaranteed Rate have?

April 5, 2021 (CHICAGO) – Guaranteed Rate Companies had 544 of its loan officers named to the Scotsman Guide annual list of “Top Originators,” including 3 in the top 10 and 13 in the top 100.

How much do loan officers make?

The median annual wage for loan officers in 2020 (the most recent figure, as of Sept. 20) is $63,960. Most loan officers work 40-hour work weeks for an annual salary, plus benefits.

How much does a loan officer make at guaranteed rate?

$32k-$93k Guaranteed Rate Mortgage Jobs (NOW HIRING) | ZipRecruiter.

How much does a loan officer make per closing?

Loan officers are the main point of contact for borrowers throughout the mortgage application process at almost every mortgage lender. That’s an important job, right? In return for this service, the typical loan officer is paid 1% of the loan amount in commission. On a $500,000 loan, that’s a commission of $5,000.

Is guaranteed rate a direct lender?

Getting a Mortgage with Guaranteed Rate

The company is a consumer-direct retail mortgage lender with what they call an “Intuitive Loan Finder.” … If you like what you see, you can apply for a loan or connect with a loan officer.

Is Guaranteed Rate a good company to work for?

83% of employees at Guaranteed Rate say it is a great place to work compared to 59% of employees at a typical U.S.-based company.

Is Guaranteed Rate reliable?

Reputation. Guaranteed Rate is a Better Business Bureau-accredited company with an A- rating. The lender has a poor rating on Trustpilot, although the rating is based on a small sample of less than 10 reviews.

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