Loan officers Salary in the United States
Median pay, percentile range, and top US metros — official BLS data.
The median salary for Loan officers in the United States is $76,690 per year — about $37 per hour, according to the U.S. Bureau of Labor Statistics. Half of all workers in this occupation earn between $52,730 and $104,080 a year.
Salary range
Top US metros for Loan officers
| Metro | Local salary |
|---|---|
| Enid, OK * | $104,990 |
| Topeka, KS | $95,330 |
| Wichita, KS | $99,170 |
| Lawrence, KS | $100,480 |
| Jonesboro, AR | $94,960 |
| Des Moines-West Des Moines, IA | $101,190 |
| Mankato, MN | $94,850 |
| Grand Forks, ND-MN | $92,820 |
| Iowa City, IA | $98,630 |
| Lincoln, NE | $97,770 |
Frequently asked questions
How much do Loan officers make in the US?
The median salary is $76,690 per year (about $37 per hour), according to BLS data. The middle 50% of workers earn between $52,730 and $104,080 a year.
How much do Loan officers make per hour?
About $37 per hour, based on the median annual salary of $76,690 for full-time work (2,080 hours per year).
What education do you need to work as Loan officers?
Typical entry-level education: Bachelor's degree, according to the U.S. Bureau of Labor Statistics.
Do these salary figures include bonuses or overtime?
No. BLS Occupational Employment and Wage Statistics reflect base wages only — they exclude overtime pay, bonuses, and most benefits.
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