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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
          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
          New Jersey Hourly $18.69 $30.32 $45.72 $61.35 $78.86
          Yearly $38,880 $63,070 $95,090 $127,610 $164,030
          Indiana Hourly $21.44 $24.64 $34.33 $47.27 $61.81
          Yearly $44,580 $51,260 $71,400 $98,320 $128,560
          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 Dakota Hourly $26.40 $29.66 $39.90 $52.20 $68.49
          Yearly $54,910 $61,690 $82,990 $108,570 $142,450
          Virginia Hourly $20.29 $27.50 $38.27 $58.88 $80.06
          Yearly $42,210 $57,200 $79,600 $122,460 $166,530
          Michigan Hourly $16.68 $23.82 $34.94 $49.61 $65.57
          Yearly $34,690 $49,540 $72,680 $103,180 $136,390
          Oregon Hourly $21.59 $29.07 $35.92 $51.24 $76.13
          Yearly $44,920 $60,470 $74,720 $106,590 $158,350
          Wyoming Hourly $22.27 $27.77 $36.76 $51.11 $68.73
          Yearly $46,330 $57,770 $76,460 $106,310 $142,950
          Georgia Hourly $20.27 $24.67 $34.73 $49.11 $64.41
          Yearly $42,150 $51,320 $72,250 $102,150 $133,980
          South Dakota Hourly $28.76 $31.04 $37.78 $46.35 $55.10
          Yearly $59,820 $64,570 $78,590 $96,420 $114,610
          Nebraska Hourly $22.64 $26.55 $36.41 $49.56 $74.49
          Yearly $47,090 $55,230 $75,730 $103,090 $154,940
          Rhode Island Hourly $22.93 $28.36 $37.24 $46.97 $56.96
          Yearly $47,680 $58,980 $77,460 $97,690 $118,470
          Wisconsin Hourly $24.10 $29.73 $38.09 $50.09 $66.23
          Yearly $50,130 $61,850 $79,230 $104,180 $137,750
          Missouri Hourly $17.56 $23.68 $34.97 $46.53 $61.42
          Yearly $36,520 $49,260 $72,730 $96,780 $127,750
          Pennsylvania Hourly $18.14 $22.65 $29.55 $39.82 $59.65
          Yearly $37,720 $47,120 $61,470 $82,820 $124,070
          California Hourly $17.73 $25.96 $38.26 $56.85 $78.64
          Yearly $36,880 $54,000 $79,580 $118,250 $163,580
          Kentucky Hourly $18.08 $22.95 $32.98 $45.34 $62.50
          Yearly $37,610 $47,730 $68,600 $94,310 $129,990
          West Virginia Hourly $17.66 $20.47 $23.82 $32.88 $50.54
          Yearly $36,740 $42,580 $49,550 $68,390 $105,120
          Hawaii Hourly $14.00 $23.68 $33.79 $46.84 $63.98
          Yearly $29,120 $49,250 $70,280 $97,430 $133,080
          Mississippi Hourly $16.97 $20.75 $28.82 $39.40 $62.60
          Yearly $35,290 $43,160 $59,950 $81,940 $130,220
          Idaho Hourly $18.92 $23.11 $30.95 $47.88 $66.12
          Yearly $39,350 $48,080 $64,380 $99,580 $137,520
          Illinois Hourly $22.68 $27.01 $36.52 $49.27 $65.94
          Yearly $47,170 $56,180 $75,960 $102,480 $137,160
          Oklahoma Hourly $17.24 $22.62 $31.59 $45.30 $70.76
          Yearly $35,850 $47,050 $65,720 $94,220 $147,170
          Washington Hourly $17.76 $25.47 $37.04 $49.87 $72.57
          Yearly $36,940 $52,980 $77,040 $103,740 $150,940
          Ohio Hourly $18.19 $23.66 $33.28 $47.76 $64.07
          Yearly $37,830 $49,210 $69,220 $99,330 $133,260
          Maryland Hourly $20.94 $25.06 $35.26 $46.52 $76.09
          Yearly $43,540 $52,120 $73,340 $96,770 $158,270
          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
          Connecticut Hourly $23.01 $29.81 $37.30 $50.40 $83.16
          Yearly $47,860 $62,000 $77,580 $104,840 $172,980
          Florida Hourly $16.30 $23.86 $34.30 $47.95 $65.12
          Yearly $33,900 $49,630 $71,340 $99,730 $135,450
          Massachusetts Hourly $29.46 $36.79 $44.92 $63.99 $84.13
          Yearly $61,280 $76,530 $93,430 $133,110 $174,990
          Arkansas Hourly $18.41 $23.85 $33.68 $50.55 $63.83
          Yearly $38,290 $49,600 $70,050 $105,140 $132,760
          Nevada Hourly $12.45 $18.61 $28.08 $44.86 $84.03
          Yearly $25,890 $38,720 $58,400 $93,300 $174,790
          Alabama Hourly $19.23 $22.69 $29.21 $45.19 $70.73
          Yearly $39,990 $47,200 $60,750 $93,990 $147,110
          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
          Montana Hourly $20.25 $24.93 $31.71 $46.44 $59.87
          Yearly $42,110 $51,860 $65,960 $96,600 $124,540
          Texas Hourly $17.21 $22.90 $30.66 $44.47 $62.94
          Yearly $35,810 $47,630 $63,770 $92,490 $130,910
          Vermont Hourly $24.49 $30.14 $41.58 $61.15 $79.23
          Yearly $50,930 $62,690 $86,490 $127,190 $164,790
          North Carolina Hourly $18.66 $25.48 $36.45 $49.12 $68.73
          Yearly $38,820 $53,000 $75,820 $102,180 $142,950
          Delaware Hourly $21.40 $33.06 $38.83 $49.62 $63.46
          Yearly $44,510 $68,770 $80,760 $103,220 $132,000
          Tennessee Hourly $18.43 $23.30 $30.36 $41.88 $56.64
          Yearly $38,330 $48,470 $63,160 $87,110 $117,820
          Kansas Hourly $22.22 $29.55 $39.68 $56.91 $78.35
          Yearly $46,220 $61,470 $82,540 $118,360 $162,960
          Minnesota Hourly $24.77 $31.36 $40.62 $52.82 $73.38
          Yearly $51,520 $65,230 $84,480 $109,870 $152,630
          Arizona Hourly $14.38 $21.86 $25.85 $38.28 $52.23
          Yearly $29,910 $45,470 $53,760 $79,620 $108,630
          Alaska Hourly $11.73 $22.29 $31.33 $44.53 $78.58
          Yearly $24,400 $46,350 $65,160 $92,620 $163,450
          Louisiana Hourly $13.94 $21.58 $27.56 $43.07 $61.43
          Yearly $29,000 $44,880 $57,320 $89,590 $127,780
          South Carolina Hourly $17.26 $21.91 $29.66 $39.16 $60.51
          Yearly $35,900 $45,580 $61,690 $81,450 $125,860
          Maine Hourly $22.39 $28.44 $37.52 $48.90 $59.82
          Yearly $46,560 $59,160 $78,040 $101,710 $124,430
          Utah Hourly $18.53 $21.97 $29.27 $39.59 $60.88
          Yearly $38,540 $45,700 $60,870 $82,340 $126,630
          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
          American Samoa 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
          Colorado 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