Simply how much Does a Loan Officer Make an hour or so? Some moneymutual loan officers are paid hourly When they work on big retail banking institutions However, many are compensated commission-only Which you yourself can break up into hourly wages at year-end As noted, MLOs are usually maybe maybe maybe not compensated hourly, and they are alternatively compensated payment for the loans they generate and fund. What this means is compensation that is total vary considerably in line with…