Loan officer jobs and pay in Illinois
46 mortgage companies in our directory are hiring or headquartered in Illinois: 6 with job postings we have seen there and 41 headquartered there (1 of them both).
By company type, the largest group is banks (20), followed by retail independent mortgage banks (18).
The most common headquarters cities are Chicago (8), Bloomington (2), Lake Forest (2).
9 of these companies have sourced loan officer comp information on file, and 6 of them publish numbers. The most common plan type in those facts is commission (bps) (4 of 10).
Companies with numeric loan officer pay on file include Geneva Financial, LLC, DAS Acquisition Company, LLC, and Fifth Third Bank, National Association.
2 companies list remote roles in a source we cite.
Illinois has required pay ranges in job posts since Jan 1, 2025 (employer threshold: 15+).
Loan officer pay summary
- Commission: 3 facts from 2 companies, ranging from 95 to 200 bps (median range midpoint 150 bps).
- Base or salary: 1 fact from 1 company, at $40,000 a year.
- Hourly: 3 facts from 3 companies, ranging from $10.00 to $25.00 an hour.
- Plan types: Commission (bps) 4, Draw vs. commission 3, Salary + bonus 2, Hourly + commission 1.
Based on 10 sourced facts (7 with numbers, 3 describing the plan without amounts) from 9 companies hiring or headquartered in Illinois, dated Feb 20, 2026 to Oct 29, 2026. 1 comes from a posting located in Illinois; the rest describe company-wide plans that may not be specific to Illinois. Industry benchmarks and unsourced figures are excluded.
| Company | Role as posted | Plan type | Terms | Source and date |
|---|---|---|---|---|
| Geneva Financial, LLC | Mortgage Loan Officer | Commission (bps) | 100–200 bps | Job posting, Oct 29, 2026 |
| DAS Acquisition Company, LLC | Mortgage Loan Originator (St. Louis, MO; IL; VA) | Draw vs. commission | $12.41–$15.00/hr | Job posting, Oct 29, 2026 |
| Fifth Third Bank, National Association | Mortgage Loan Originator | Draw vs. commission | Up to 95 bps | Job posting, Oct 29, 2026 |
| Neighborhood Loans, Inc. | Mortgage Loan Originator (Plano, TX - Bilingual Spanish) | Salary + bonus | $40,000/yr | Job posting, Oct 29, 2026 |
| The Huntington National Bank | Mortgage Loan Officer | Draw vs. commission | $10.00–$11.54/hr | Public web page, Oct 29, 2026 |
| Zillow Home Loans, LLC | Remote Mortgage Loan Officer (Illinois) IL posting | Hourly + commission | $11.40–$25.00/hr | Job posting, Oct 29, 2026 |
| Geneva Financial, LLC | Retail Loan Officer | Commission (bps) | 179 bps | Company-claimed, Feb 20, 2026 |
| BMO Bank National Association | Specialist I-IC Mortgage Sales I | Salary + bonus | Amounts not published | Job posting, Oct 29, 2026 |
| Guaranteed Rate Affinity, LLC | Mortgage Loan Officer (New York metro, NY) | Commission (bps) | Amounts not published | Job posting, Oct 29, 2026 |
| Guaranteed Rate, Inc. | Mortgage Loan Officer | Commission (bps) | Amounts not published | Job posting, Oct 29, 2026 |
Companies with sourced loan officer pay
| Company | HQ | NMLS | Best sourced pay |
|---|---|---|---|
| Geneva Financial, LLC | Chandler, AZ | 42056 | LO: 100–200 bps |
| DAS Acquisition Company, LLC | St. Louis, MO | 227262 | LO: $12.41–$15.00/hr |
| Fifth Third Bank, National Association | Cincinnati, OH | 403245 | LO: Up to 95 bps |
| Neighborhood Loans, Inc. | Downers Grove, IL | 222982 | LO: $40,000/yr |
| The Huntington National Bank | Columbus, OH | 402436 | LO: $10.00–$11.54/hr |
| Zillow Home Loans, LLC | Irvine, CA | 10287 | LO: $11.40–$25.00/hr |
| BMO Bank National Association | Naperville, IL | 401052 | LO: Salary + bonus, rates not published |
| Guaranteed Rate Affinity, LLC | Chicago, IL | 1598647 | LO: Commission (bps), rates not published |
| Guaranteed Rate, Inc. | Chicago, IL | 2611 | LO: Commission (bps), rates not published |
Related
- All mortgage companies hiring in Illinois
- Filter loan officer employers in Illinois
- Loan officer pay nationwide
- How loan officer comp works and the bps calculator
Loan officer pay in other states
How we source and date pay facts: methodology. Spot an error? Send a correction.