In 2024, you can earn over $200,000 while working from home, even without a college degree. Being good at handling finances can land you a job as a loan officer, ranked second on Indeed’s best jobs list in the U.S. due to its lucrative salary and growing industry demand.
Loan officers have an average salary of $192,339, as reported by Indeed. These roles often allow for remote work or a mix of in-office and at-home work. Indeed reveals that about 75% of loan officer job listings offer these flexible working options.
What’s the role of a loan officer? They assist people and companies in getting loans, involving reviewing financial details and guiding them through loan applications.
The demand for loan officers is on the rise in various sectors like real estate and e-commerce, impacted by economic challenges and a tight housing market. Scott Dobroski from Indeed observes that despite banks’ cautious lending due to recession concerns, there’s a consistent demand for services like mortgages. “The loan market always has a need, even with market fluctuations,” Dobroski explains.
