Loan Officers — H1B Visa Sponsor Data

Total H1B Applications
408
H1B Employers
222
Average H1B Salary
$58,687
Median H1B Salary
N/A
Salary Range
$24,000 – $300,000
H1B Offered Salary $58,687
Market Median (BLS) $100,730
-41.7% vs market Below Market

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.

#EmployerStateLCAsAvg SalaryMarket Medianvs 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.

#CityLCAsEmployersAvg SalaryLocal BLS Medianvs 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

#StateLCAsEmployersAvg SalaryBLS 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 LevelLCAs% of TotalAvg SalaryMin SalaryMax 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.

PercentileAnnual 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.

SOC 13-1111
103,047 LCAs $92,723 BLS: $67,500
SOC 13-2011
97,580 LCAs $69,244 BLS: $81,420
SOC 13-2051
87,074 LCAs $103,564 BLS: $76,540
SOC 13-1161
56,799 LCAs $69,229 BLS: $59,740
SOC 13-2099
18,710 LCAs $97,161 BLS: $85,290
SOC 13-1081
15,052 LCAs $78,259 BLS: $74,680
SOC 13-1199
13,333 LCAs $61,642 BLS: $64,270
SOC 13-1071
8,168 LCAs $66,436 BLS: $72,730
SOC 13-1041
7,421 LCAs $77,435 BLS: $59,900
SOC 13-1051
6,875 LCAs $68,896 BLS: $82,270
SOC 13-2041
5,294 LCAs $82,566 BLS: $62,540
SOC 13-2031
4,961 LCAs $63,692 BLS: $78,050

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