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Careers · Loan Officers · Illinois

Loan Officers in Illinois

Loan officers evaluate and authorize loans for commercial, real estate, and credit purposes. They assess borrower financial status, recommend approval or denial, and advise on payment methods In Illinois the median pay is $79,150 a year, 3% above the national median of $76,690.

$79,150median pay in Illinois, per year
$60,520–$104,560middle half earn
10,890employed in Illinois
$76,690U.S. median, for comparison
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Who is hiring in Illinois

9open roles like this on employer career sites, 0 in Illinois or remote
3employers hiring
6posted in the last 7 days
KY · MI · CAwhere most openings are

Openings in Illinois and remote

Openings are read from employers’ own career pages and public job boards and change daily. Search all openings (free account) to filter by distance, pay and how well you qualify.

What it takes

Preparation: Considerable preparation (most need a bachelor’s degree and several years of experience). Most hold a bachelor’s degree.

Skills that matter most

Active ListeningSpeakingReading ComprehensionJudgment and Decision MakingCritical ThinkingWritingMathematicsSocial Perceptiveness

Knowledge areas

Customer and Personal ServiceEconomics and AccountingEnglish LanguageMathematics (knowledge)Sales and MarketingLaw and Government

Full profile, interests that fit, certifications and training: Loan Officers.

Licenses and training in Illinois

Loan Officers pay in other states

Related occupations

Are you suited for this?
Four short assessments and your background, scored against loan officers and 13,000 other careers — with the reasons. Free.
Find out in 15 minutes See openings

O*NET-SOC 13-2072.00. Pay: BLS Occupational Employment and Wage Statistics, May 2025, Illinois, annual.