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