H-1B Loan Officer Hiring Trends and Insights
Explore H-1B visa filings for Loan Officers. View sponsoring employers, salary data from 100 filings, and approval rates from DOL public records.
| Metric | Value |
|---|---|
| Total H-1B Petitions | 100 |
| Approval Rate | 94% |
| Average Salary | $88,074 |
| Salary Range | $36,000 - $220,000 |
| Top Sponsor | Woori America Bank |
| Primary Location | New York |
Loan Officers is one of the H-1B visa categories with 7 filings and an average salary of $88,949. Loan Officer roles are highly sought after, with a significant number of applications. The data indicates a stable trend in hiring for Loan Officers. Geographic distribution shows a concentration of roles in specific states, with California leading. The average salary for Loan Officers is competitive, reflecting the demand for the role.
| Total Filings | 100 |
| Approval Rate | 94% |
| Average Salary | $88,074 |
| Median Salary | $71,947 |
| 25th Percentile | $60,000 |
| 75th Percentile | $108,960 |
| Minimum Salary | $36,000 |
| Maximum Salary | $220,000 |
| 10th Percentile | $53,976 |
| 25th Percentile | $60,000 |
| Median (50th) | $71,947 |
| 75th Percentile | $108,960 |
| 90th Percentile | $142,600 |
| Average | $88,074 |
| Sample Size | 100 |
| Visa Class | Filings |
|---|---|
| H-1B | 86 |
| E-3 AUSTRALIAN | 11 |
| H-1B1 CHILE | 3 |
| Education Level | Filings |
|---|---|
| Not Specified | 100 |
| Employer | Filings | Avg Salary |
|---|---|---|
| Woori America Bank | 4 | $60k |
| Citibank, N.A. | 4 | $133k |
| Itau Chile New York Branch | 3 | $64k |
| Land Bank of Taiwan | 3 | $57k |
| Blue Vista Capital Management, LLC | 3 | $67k |
| Credit Agricole Corporate and Investment Bank | 3 | $144k |
| General Mortgage Capital Corporation | 2 | $84k |
| California Pacific Bank | 2 | $63k |
| Industrial and Commercial Bank of China (USA) N.A. | 2 | $66k |
| First Western Bank & Trust | 2 | $61k |
| State | Filings |
|---|---|
| New York | 44 |
| California | 14 |
| Illinois | 7 |
| Texas | 7 |
| New Jersey | 4 |
| Massachusetts | 3 |
| Michigan | 2 |
| Washington | 2 |
| Florida | 2 |
| North Dakota | 2 |
Focus your H-1B applications on states with a higher concentration of Loan Officer roles and ensure your salary expectations align with the market data to increase your chances of securing a position.
The average H-1B salary for Loan Officers is $88,949, with a median of $72,275. The 25th-75th percentile range is $65,354 to $105,000.
Top H-1B sponsors for Loan Officers include AMERASIA BANK, Industrial and Commercial Bank of China (USA) N.A., Lendbuzz, Inc., Parkview Financial, LLC a California Limited Liability Company, Deutsche Bank New York Branch. A total of 7 employers have filed for this role.
There are 7 H-1B filings on record for Loan Officers positions. 100.0% were certified.
The top states for H-1B Loan Officers positions are California (2), Florida (1), Washington (1), Massachusetts (1), New York (1).
Yes, Loan Officers is a qualifying occupation for H-1B visa sponsorship. There are 7 approved H-1B petitions for this role in the database.
H-1B Loan Officers salaries range from $36,088 to $200,000. The median salary is $72,275.
The approval rate for Loan Officers H-1B petitions is 100.0%. The number of job postings (7) is relatively low compared to the potential applicant pool.
The salary data suggests a strong earning potential for experienced professionals in this field.
Focus your H-1B applications on states with a higher concentration of Loan Officer roles and ensure your salary expectations align with the market data to increase your chances of securing a position.
The geographic concentration in states like California indicates potential hotspots for H-1B visa applications for this role.
The Loan Officers occupation (SOC code 13-207200) is classified under the Standard Occupational Classification (SOC) system maintained by the Bureau of Labor Statistics. The SOC system groups workers into occupational categories based on the type of work performed, providing a standardized framework for comparing wages, employment levels, and workforce trends across the United States.
Loan Officers positions fall within the specialty occupation category required for H-1B visa sponsorship, meaning they typically require the theoretical and practical application of a body of highly specialized knowledge and at minimum a bachelor's degree or its equivalent in the specific specialty. Based on H-1B filing data, the most common education requirement for Loan Officers positions is Not Specified (100 filings), followed by other degree levels.
Across 100 LCA filings tracked by H1BSalaryCheck, Loan Officers positions show an average offered salary of $88,074, with a range from $36,000 at the entry level to $220,000 for senior positions. The largest concentration of H-1B filings for this role is in New York (44 filings) and California (14 filings).
Career outlook for Loan Officers professionals is closely tied to industry demand for specialized skills. Employers sponsoring H-1B workers for this role are demonstrating that they could not find sufficient qualified U.S. workers to fill these positions, which often signals strong demand and competitive compensation. Workers in this occupation may also be eligible for other visa categories including L-1 intracompany transfers, O-1 extraordinary ability visas, or employment-based green card sponsorship through the PERM process.
To sponsor a foreign worker for an H-1B visa in a Loan Officers role, U.S. employers must satisfy several requirements established by the Immigration and Nationality Act (INA) and enforced by both the Department of Labor (DOL) and U.S. Citizenship and Immigration Services (USCIS):
The position must qualify as a "specialty occupation," meaning it requires the theoretical and practical application of a body of highly specialized knowledge and at minimum a bachelor's degree or its equivalent in a specific specialty directly related to the position. For Loan Officers roles, H-1B filings indicate that employers most commonly require a Not Specified degree. USCIS evaluates whether the position itself, not just the employer's preference, genuinely requires specialized education.
Employers must pay H-1B workers at least the prevailing wage for the occupation in the geographic area of employment, as determined by the DOL. The prevailing wage is based on four skill levels (Level 1 through Level 4) that reflect the complexity of the job duties and required experience. For Loan Officers positions, the average offered salary of $88,074 exceeds prevailing wages by an average of 19%, with 81% of filings offering above the prevailing wage.
Before filing the H-1B petition, employers must obtain a certified LCA from the DOL. The LCA requires employers to attest to four conditions: (1) paying at least the prevailing wage or actual wage, whichever is higher; (2) providing working conditions that do not adversely affect similarly employed U.S. workers; (3) no strike or lockout at the worksite; and (4) proper notice of the filing to workers. The overall LCA approval rate for Loan Officers positions is 94%.
The annual H-1B cap is set at 65,000 regular visas plus 20,000 for beneficiaries with U.S. master's degrees or higher (the "master's cap"). Certain employers, including institutions of higher education, nonprofit research organizations, and government research organizations, are exempt from the cap. Loan Officers positions at cap-exempt employers can be filed at any time during the year, while cap-subject employers must participate in the annual H-1B lottery, typically held in March for the following fiscal year.
H-1B visas are initially granted for up to three years and can be extended for a maximum of six years total. Workers who have an approved I-140 immigrant petition (part of the green card process) may be eligible for extensions beyond the six-year limit under the American Competitiveness in the Twenty-First Century Act (AC21). The average contract duration for Loan Officers H-1B filings is approximately 34 months.
Cities with the most H-1B filings for Loan Officers positions.
| City | State | Filings |
|---|---|---|
| New York | New York | 42 |
| Chicago | Illinois | 5 |
| Irvine | California | 4 |
| Los Angeles | California | 2 |
| Seattle | Washington | 2 |
| West Fargo | North Dakota | 2 |
| FORT LEE | New Jersey | 2 |
| Angwin | California | 2 |
| Houston | Texas | 2 |
| SOUTHFIELD | Michigan | 1 |
Other H-1B job categories related to Loan Officers, grouped by similar SOC classification codes.