Loan Officers — H1B Visa Sponsor Data
H1B Visa Sponsorship Overview for Loan Officers
Loan Officers (SOC code 13-2072) is one of the occupations that U.S. employers sponsor through the H1B visa program. A total of 408 labor condition applications have been filed by 222 employers for this occupation across the United States. The H1B visa allows U.S. companies to hire foreign workers in specialty occupations, and Loan Officers positions represent a significant portion of these filings.
The average salary offered on H1B applications for Loan Officers positions is $58,687, with a median of N/A. Salaries range from $24,000 to $300,000, reflecting the wide variation across experience levels, geographic locations, and prevailing wage levels. Compared to the national BLS median salary of $100,730 for this occupation, H1B salaries are -41.7% Below Market.
According to the Bureau of Labor Statistics, the national annual mean salary for Loan Officers is $101,620, with approximately 50 workers employed in this role nationwide. The BLS reports salary percentiles ranging from $44,300 (10th percentile) to $170,410 (90th percentile). These benchmarks are essential for understanding H1B salary requirements and prevailing wage determinations.
The top H1B sponsors for Loan Officers positions include International Bank of Chicago, HANIN FEDERAL CREDIT UNION, and 1st Source Bank among others. These employers actively hire foreign workers for this role and submit LCA applications to the Department of Labor as part of the H1B approval process.
The most popular work locations for H1B Loan Officers positions include New York, NY and Los Angeles, CA. Location significantly impacts both salary offers and the applicable prevailing wage, making geographic analysis crucial for H1B applicants and employers.
New York leads H1B filings for this occupation with 100 applications, followed by California and Illinois. View Loan Officers H1B data in New York for state-level details.
Top H1B Sponsors for Loan Officers
These employers have filed the most H1B applications for Loan Officers positions. Click any employer to view their full H1B sponsorship profile.
| # | Employer | State | LCAs | Avg Salary | Market Median | vs Market |
|---|---|---|---|---|---|---|
| 1 | International Bank of Chicago | IL | 25 | $40,811 | $100,730 | -59.5% Below Market |
| 2 | HANIN FEDERAL CREDIT UNION | CA | 8 | $51,054 | $100,730 | -49.3% Below Market |
| 3 | 1st Source Bank | IN | 7 | $74,976 | $100,730 | -25.6% Below Market |
| 4 | Midwest, Inc. | NY | 7 | $45,486 | $100,730 | -54.8% Below Market |
| 5 | BANGKOK BANK PUBLIC COMPANY LIMITED - NEW YORK BRA | NY | 6 | $56,431 | $100,730 | -44.0% Below Market |
| 6 | FORTUNE COMMERCIAL CAPITAL, LLC | MD | 6 | $40,200 | $100,730 | -60.1% Below Market |
| 7 | International Professional Realty, Inc. | FL | 6 | $34,833 | $100,730 | -65.4% Below Market |
| 8 | Leader Bank, NA | MA | 6 | $69,120 | $100,730 | -31.4% Below Market |
| 9 | China CITIC Bank International Limited | NY | 5 | $59,637 | $100,730 | -40.8% Below Market |
| 10 | Shinhan Bank America | NY | 5 | $53,340 | $100,730 | -47.0% Below Market |
| 11 | ACCION Chicago | IL | 4 | $43,024 | $100,730 | -57.3% Below Market |
| 12 | ACROSS NATIONS PIONEERS, INC. | NJ | 4 | $56,196 | $100,730 | -44.2% Below Market |
| 13 | THE BANK OF PRINCETON | NJ | 4 | $54,206 | $100,730 | -46.2% Below Market |
| 14 | THE DEBT EXCHANGE, INC. | MA | 4 | $68,075 | $100,730 | -32.4% Below Market |
| 15 | EDUCATIONAL FUNDING COMPANY INC. | MD | 4 | $54,870 | $100,730 | -45.5% Below Market |
| 16 | FORTUNE BANK | WA | 4 | $300,000 | $100,730 | +197.8% Above Market |
| 17 | HSBC Bank USA, N.A. | NY | 4 | $74,500 | $100,730 | -26.0% Below Market |
| 18 | KEB HANA LA FINANCIAL CORP. | CA | 4 | $44,294 | $100,730 | -56.0% Below Market |
| 19 | KRUNG THAI BANK PCL | CA | 4 | $43,514 | $100,730 | -56.8% Below Market |
| 20 | PAC FEDERAL CREDIT UNION | MI | 4 | $27,394 | $100,730 | -72.8% Below Market |
Loan Officers H1B Salary by City
H1B salaries for Loan Officers vary significantly by metro area. The table below shows the top cities with their average offered salary and how it compares to the local BLS median.
| # | City | LCAs | Employers | Avg Salary | Local BLS Median | vs Local Market |
|---|---|---|---|---|---|---|
| 1 | New York, NY | 73 | 47 | $71,138 | N/A | N/A |
| 2 | Los Angeles, CA | 34 | 18 | $54,891 | N/A | N/A |
| 3 | Chicago, IL | 21 | 5 | $47,775 | N/A | N/A |
| 4 | Miami, FL | 10 | 5 | $67,220 | N/A | N/A |
| 5 | ALHAMBRA, CA | 9 | 5 | $52,695 | N/A | N/A |
| 6 | San Francisco, CA | 9 | 6 | $63,493 | N/A | N/A |
| 7 | Arlington, MA | 7 | 2 | $65,661 | N/A | N/A |
| 8 | Boston, MA | 7 | 4 | $64,493 | N/A | N/A |
| 9 | FLUSHING, NY | 7 | 5 | $52,894 | N/A | N/A |
| 10 | HOUSTON, TX | 7 | 4 | $39,929 | N/A | N/A |
| 11 | SOUTH BEND, IN | 7 | 1 | $74,976 | N/A | N/A |
| 12 | Stone Park, IL | 7 | 1 | $40,922 | N/A | N/A |
| 13 | WILMETTE, IL | 7 | 1 | $40,575 | N/A | N/A |
| 14 | Orlando, FL | 6 | 3 | $62,515 | N/A | N/A |
| 15 | OVIEDO, FL | 6 | 1 | $34,833 | N/A | N/A |
| 16 | PHILADELPHIA, PA | 6 | 3 | $60,777 | N/A | N/A |
| 17 | Seattle, WA | 6 | 3 | $221,580 | N/A | N/A |
| 18 | FAIRPORT, NY | 5 | 1 | $38,813 | N/A | N/A |
| 19 | Austin, TX | 4 | 4 | $48,983 | N/A | N/A |
| 20 | CHEVY CHASE, MD | 4 | 1 | $54,870 | N/A | N/A |
Loan Officers H1B Data by State
| # | State | LCAs | Employers | Avg Salary | BLS State Median |
|---|---|---|---|---|---|
| 1 | New York | 100 | 64 | $65,337 | $98,940 |
| 2 | California | 87 | 52 | $56,835 | $79,580 |
| 3 | Illinois | 38 | 7 | $44,659 | $75,960 |
| 4 | Florida | 30 | 15 | $55,485 | $71,340 |
| 5 | Massachusetts | 26 | 14 | $66,788 | $93,430 |
| 6 | Maryland | 21 | 10 | $43,753 | $73,340 |
| 7 | Texas | 16 | 12 | $41,639 | $63,770 |
| 8 | New Jersey | 13 | 9 | $67,951 | $95,090 |
| 9 | Washington | 10 | 5 | $152,402 | $77,040 |
| 10 | Indiana | 7 | 1 | $74,976 | $71,400 |
Prevailing Wage Levels for Loan Officers
The Department of Labor assigns prevailing wage levels (I through IV) to H1B positions based on experience and skill requirements. Level I represents entry-level positions, while Level IV indicates expert-level roles. Understanding wage levels is critical for both employers and H1B workers.
| Wage Level | LCAs | % of Total | Avg Salary | Min Salary | Max Salary |
|---|---|---|---|---|---|
| I | 14 | 10.6% | $55,440 | $36,088 | $72,275 |
| II | 11 | 8.3% | $88,681 | $54,330 | $134,500 |
| III | 4 | 3.0% | $115,750 | $63,000 | $135,000 |
| IV | 2 | 1.5% | $197,500 | $195,000 | $200,000 |
| Level I | 73 | 55.3% | $46,963 | $30,264 | $76,960 |
| Level II | 25 | 18.9% | $71,770 | $59,259 | $102,900 |
| Level III | 3 | 2.3% | $49,847 | $43,000 | $63,542 |
BLS National Salary Distribution for Loan Officers
The Bureau of Labor Statistics provides detailed salary percentile data for Loan Officers positions across the United States. This data serves as a benchmark for evaluating H1B salary offers.
| Percentile | Annual Salary |
|---|---|
| 10th Percentile | $44,300 |
| 25th Percentile | $47,830 |
| Median (50th) | $100,730 |
| 75th Percentile | $161,210 |
| 90th Percentile | $170,410 |
| Mean | $101,620 |
Total national employment for this occupation: 50 workers. Source: Bureau of Labor Statistics, Occupational Employment and Wage Statistics.
Related H1B Occupations
These occupations belong to the same SOC family (13-XXXX) as Loan Officers and may have similar H1B sponsorship patterns.