Occupation ยท SOC 13-2072
Loan Officers: can it be done remotely?
According to the Dingel and Neiman (2020) classification, the work of loan officers typically cannot be done from home. The score reflects the tasks involved, not whether a particular employer allows remote work.
Nationally, about 290,530 people work in this occupation, with a median annual wage of $74,180 ($35.66 an hour).
US employment
290,530
Median annual wage
$74,180
Mean annual wage
$86,020
Median hourly wage
$35.66
Education and training
Typical education
Bachelor's degree
Related work experience
Less than 5 years
On-the-job training
Moderate-term on-the-job training
Job zone
4
Considerable preparation
Step up: related remote jobs that pay more
| Occupation | Median wage | Wage gain | Job zone | Typical education |
|---|---|---|---|---|
| Credit Analysts | $80,970 | $6,790 (+9.2%) | 4 | Bachelor's degree |
| Personal Financial Advisors | $102,140 | $27,960 (+37.7%) | 4 | Bachelor's degree |
| Securities, Commodities, and Financial Services Sales Agents | $78,140 | $3,960 (+5.3%) | 4 | Bachelor's degree |
| Financial Managers | $161,700 | $87,520 (+118.0%) | 4 | Bachelor's degree |
| Financial and Investment Analysts | $101,350 | $27,170 (+36.6%) | 4 | Bachelor's degree |
| Insurance Underwriters | $79,880 | $5,700 (+7.7%) | 4 | Bachelor's degree |
States with the most jobs
- 1. California27,420
- 2. Texas24,070
- 3. Florida19,750
- 4. North Carolina11,890
- 5. New York11,850
- 6. Arizona11,420
- 7. Michigan10,910
- 8. Ohio10,340
- 9. Illinois10,330
- 10. Georgia9,480
States that pay the most
- 1. District of Columbia$102,200
- 2. New York$98,940
- 3. New Jersey$95,090
- 4. Massachusetts$93,430
- 5. Vermont$86,490
- 6. Minnesota$84,480
- 7. North Dakota$82,990
- 8. Kansas$82,540
- 9. Delaware$80,760
- 10. Iowa$80,070
Median annual wage. Based on 52 states and territories with published figures.
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Most searched remote jobs
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This site includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET is a trademark of USDOL/ETA. Telework.org has modified all or some of this information. USDOL/ETA has not approved, endorsed, or tested these modifications. Source: O*NET.