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Loan Officer Salary, Earnings and Wage Information

  Pay Period Low Median High
  Hourly $14.23 $24.89 $51.46
  Annual $29,600 $51,800 $107,000
  • “High” indicates 90% of workers earn less and 10% earn more.
  • “Median” indicates 50% of workers earn less and 50% earn more.
  • “Low” indicates 10% of workers earn less and 90% earn more.
  • “N/A” indicates the data is not available.

Notes: The yearly wage data presented above represents U.S. workers who are employed full-time with year-round schedules.

Occupation 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.