Career and Job Search Guide

Loan Officer Salary and Wage Information

  Percentile 10% (Low) 50% (Median) 90% (High)
  Hourly Wage $14.23 $24.89 $51.46
  Annual Wage $29,600 $51,800 $107,000
  • "10% (Low)" indicates that 10% of workers earned less and 90% earned more.
  • "50% (Median)" indicates that 50% of workers earned less and 50% earned more.
  • "90% (High)" indicates that 90% of workers earned less and 10% earned more.
  • "N/A" indicates that data is not available
* The annual salary and wage data presented above represents U.S. based workers with full-time employment and year-round schedules.

 Career Description
Loan Officers Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Include mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.