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Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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          Wages for Loan Officers in UNITED STATES


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          Location Pay
          Period          		 2024
          10% 25% Median 75% 90%
          United States Hourly $18.51 $24.26 $35.66 $49.00 $70.09
          Yearly $38,490 $50,460 $74,180 $101,920 $145,780
          Ohio Hourly $18.19 $23.66 $33.28 $47.76 $64.07
          Yearly $37,830 $49,210 $69,220 $99,330 $133,260
          New York Hourly $23.67 $31.25 $47.57 $77.85 $104.56
          Yearly $49,240 $64,990 $98,940 $161,920 $217,490
          Puerto Rico Hourly $13.78 $14.47 $17.02 $20.79 $32.81
          Yearly $28,650 $30,090 $35,400 $43,240 $68,250
          New Jersey Hourly $18.69 $30.32 $45.72 $61.35 $78.86
          Yearly $38,880 $63,070 $95,090 $127,610 $164,030
          Arkansas Hourly $18.41 $23.85 $33.68 $50.55 $63.83
          Yearly $38,290 $49,600 $70,050 $105,140 $132,760
          Delaware Hourly $21.40 $33.06 $38.83 $49.62 $63.46
          Yearly $44,510 $68,770 $80,760 $103,220 $132,000
          District of Columbia Hourly $26.88 $37.79 $49.14 $67.01 $105.27
          Yearly $55,910 $78,590 $102,200 $139,390 $218,960
          Minnesota Hourly $24.77 $31.36 $40.62 $52.82 $73.38
          Yearly $51,520 $65,230 $84,480 $109,870 $152,630
          Michigan Hourly $16.68 $23.82 $34.94 $49.61 $65.57
          Yearly $34,690 $49,540 $72,680 $103,180 $136,390
          Vermont Hourly $24.49 $30.14 $41.58 $61.15 $79.23
          Yearly $50,930 $62,690 $86,490 $127,190 $164,790
          Wisconsin Hourly $24.10 $29.73 $38.09 $50.09 $66.23
          Yearly $50,130 $61,850 $79,230 $104,180 $137,750
          Florida Hourly $16.30 $23.86 $34.30 $47.95 $65.12
          Yearly $33,900 $49,630 $71,340 $99,730 $135,450
          Pennsylvania Hourly $18.14 $22.65 $29.55 $39.82 $59.65
          Yearly $37,720 $47,120 $61,470 $82,820 $124,070
          New Hampshire Hourly $20.87 $27.34 $37.82 $55.42 $82.38
          Yearly $43,410 $56,870 $78,670 $115,280 $171,340
          North Carolina Hourly $18.66 $25.48 $36.45 $49.12 $68.73
          Yearly $38,820 $53,000 $75,820 $102,180 $142,950
          North Dakota Hourly $26.40 $29.66 $39.90 $52.20 $68.49
          Yearly $54,910 $61,690 $82,990 $108,570 $142,450
          Alabama Hourly $19.23 $22.69 $29.21 $45.19 $70.73
          Yearly $39,990 $47,200 $60,750 $93,990 $147,110
          Arizona Hourly $14.38 $21.86 $25.85 $38.28 $52.23
          Yearly $29,910 $45,470 $53,760 $79,620 $108,630
          Mississippi Hourly $16.97 $20.75 $28.82 $39.40 $62.60
          Yearly $35,290 $43,160 $59,950 $81,940 $130,220
          Georgia Hourly $20.27 $24.67 $34.73 $49.11 $64.41
          Yearly $42,150 $51,320 $72,250 $102,150 $133,980
          Wyoming Hourly $22.27 $27.77 $36.76 $51.11 $68.73
          Yearly $46,330 $57,770 $76,460 $106,310 $142,950
          Kansas Hourly $22.22 $29.55 $39.68 $56.91 $78.35
          Yearly $46,220 $61,470 $82,540 $118,360 $162,960
          Kentucky Hourly $18.08 $22.95 $32.98 $45.34 $62.50
          Yearly $37,610 $47,730 $68,600 $94,310 $129,990
          Illinois Hourly $22.68 $27.01 $36.52 $49.27 $65.94
          Yearly $47,170 $56,180 $75,960 $102,480 $137,160
          Oregon Hourly $21.59 $29.07 $35.92 $51.24 $76.13
          Yearly $44,920 $60,470 $74,720 $106,590 $158,350
          Louisiana Hourly $13.94 $21.58 $27.56 $43.07 $61.43
          Yearly $29,000 $44,880 $57,320 $89,590 $127,780
          Texas Hourly $17.21 $22.90 $30.66 $44.47 $62.94
          Yearly $35,810 $47,630 $63,770 $92,490 $130,910
          Colorado Hourly $20.04 $29.19 $38.37 $55.79 $75.54
          Yearly $41,680 $60,710 $79,800 $116,040 $157,130
          Oklahoma Hourly $17.24 $22.62 $31.59 $45.30 $70.76
          Yearly $35,850 $47,050 $65,720 $94,220 $147,170
          Maine Hourly $22.39 $28.44 $37.52 $48.90 $59.82
          Yearly $46,560 $59,160 $78,040 $101,710 $124,430
          Washington Hourly $17.76 $25.47 $37.04 $49.87 $72.57
          Yearly $36,940 $52,980 $77,040 $103,740 $150,940
          Maryland Hourly $20.94 $25.06 $35.26 $46.52 $76.09
          Yearly $43,540 $52,120 $73,340 $96,770 $158,270
          Utah Hourly $18.53 $21.97 $29.27 $39.59 $60.88
          Yearly $38,540 $45,700 $60,870 $82,340 $126,630
          South Carolina Hourly $17.26 $21.91 $29.66 $39.16 $60.51
          Yearly $35,900 $45,580 $61,690 $81,450 $125,860
          Iowa Hourly $23.56 $29.96 $38.49 $52.87 $65.33
          Yearly $49,000 $62,330 $80,070 $109,980 $135,890
          New Mexico Hourly $16.65 $23.93 $34.95 $45.93 $64.06
          Yearly $34,630 $49,780 $72,690 $95,530 $133,250
          Rhode Island Hourly $22.93 $28.36 $37.24 $46.97 $56.96
          Yearly $47,680 $58,980 $77,460 $97,690 $118,470
          Virginia Hourly $20.29 $27.50 $38.27 $58.88 $80.06
          Yearly $42,210 $57,200 $79,600 $122,460 $166,530
          Connecticut Hourly $23.01 $29.81 $37.30 $50.40 $83.16
          Yearly $47,860 $62,000 $77,580 $104,840 $172,980
          California Hourly $17.73 $25.96 $38.26 $56.85 $78.64
          Yearly $36,880 $54,000 $79,580 $118,250 $163,580
          Nevada Hourly $12.45 $18.61 $28.08 $44.86 $84.03
          Yearly $25,890 $38,720 $58,400 $93,300 $174,790
          Tennessee Hourly $18.43 $23.30 $30.36 $41.88 $56.64
          Yearly $38,330 $48,470 $63,160 $87,110 $117,820
          Massachusetts Hourly $29.46 $36.79 $44.92 $63.99 $84.13
          Yearly $61,280 $76,530 $93,430 $133,110 $174,990
          Missouri Hourly $17.56 $23.68 $34.97 $46.53 $61.42
          Yearly $36,520 $49,260 $72,730 $96,780 $127,750
          Indiana Hourly $21.44 $24.64 $34.33 $47.27 $61.81
          Yearly $44,580 $51,260 $71,400 $98,320 $128,560
          Montana Hourly $20.25 $24.93 $31.71 $46.44 $59.87
          Yearly $42,110 $51,860 $65,960 $96,600 $124,540
          West Virginia Hourly $17.66 $20.47 $23.82 $32.88 $50.54
          Yearly $36,740 $42,580 $49,550 $68,390 $105,120
          Idaho Hourly $18.92 $23.11 $30.95 $47.88 $66.12
          Yearly $39,350 $48,080 $64,380 $99,580 $137,520
          Alaska Hourly $11.73 $22.29 $31.33 $44.53 $78.58
          Yearly $24,400 $46,350 $65,160 $92,620 $163,450
          Hawaii Hourly $14.00 $23.68 $33.79 $46.84 $63.98
          Yearly $29,120 $49,250 $70,280 $97,430 $133,080
          Nebraska Hourly $22.64 $26.55 $36.41 $49.56 $74.49
          Yearly $47,090 $55,230 $75,730 $103,090 $154,940
          South Dakota Hourly $28.76 $31.04 $37.78 $46.35 $55.10
          Yearly $59,820 $64,570 $78,590 $96,420 $114,610
          American Samoa Hourly not available not available not available not available not available
          Yearly not available not available not available not available not available
          U.S. Virgin Islands Hourly not available not available not available not available not available
          Yearly not available not available not available not available not available
          Guam Hourly not available not available not available not available not available
          Yearly not available not available not available not available not available
          Northern Mariana Islands Hourly not available not available not available not available not available
          Yearly not available not available not available not available not available