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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
          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
          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
          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
          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
          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
          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
          Mississippi Hourly $16.97 $20.75 $28.82 $39.40 $62.60
          Yearly $35,290 $43,160 $59,950 $81,940 $130,220
          West Virginia Hourly $17.66 $20.47 $23.82 $32.88 $50.54
          Yearly $36,740 $42,580 $49,550 $68,390 $105,120
          Kentucky Hourly $18.08 $22.95 $32.98 $45.34 $62.50
          Yearly $37,610 $47,730 $68,600 $94,310 $129,990
          Hawaii Hourly $14.00 $23.68 $33.79 $46.84 $63.98
          Yearly $29,120 $49,250 $70,280 $97,430 $133,080
          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
          Ohio Hourly $18.19 $23.66 $33.28 $47.76 $64.07
          Yearly $37,830 $49,210 $69,220 $99,330 $133,260
          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
          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
          Arkansas Hourly $18.41 $23.85 $33.68 $50.55 $63.83
          Yearly $38,290 $49,600 $70,050 $105,140 $132,760
          Massachusetts Hourly $29.46 $36.79 $44.92 $63.99 $84.13
          Yearly $61,280 $76,530 $93,430 $133,110 $174,990
          Florida Hourly $16.30 $23.86 $34.30 $47.95 $65.12
          Yearly $33,900 $49,630 $71,340 $99,730 $135,450
          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
          Tennessee Hourly $18.43 $23.30 $30.36 $41.88 $56.64
          Yearly $38,330 $48,470 $63,160 $87,110 $117,820
          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
          Minnesota Hourly $24.77 $31.36 $40.62 $52.82 $73.38
          Yearly $51,520 $65,230 $84,480 $109,870 $152,630
          Alaska Hourly $11.73 $22.29 $31.33 $44.53 $78.58
          Yearly $24,400 $46,350 $65,160 $92,620 $163,450
          Kansas Hourly $22.22 $29.55 $39.68 $56.91 $78.35
          Yearly $46,220 $61,470 $82,540 $118,360 $162,960
          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
          Maine Hourly $22.39 $28.44 $37.52 $48.90 $59.82
          Yearly $46,560 $59,160 $78,040 $101,710 $124,430
          South Carolina Hourly $17.26 $21.91 $29.66 $39.16 $60.51
          Yearly $35,900 $45,580 $61,690 $81,450 $125,860
          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 N/A N/A N/A N/A N/A
          Yearly N/A N/A N/A N/A N/A
          American Samoa Hourly N/A N/A N/A N/A N/A
          Yearly N/A N/A N/A N/A N/A
          Guam Hourly N/A N/A N/A N/A N/A
          Yearly N/A N/A N/A N/A N/A
          Colorado Hourly N/A N/A N/A N/A N/A
          Yearly N/A N/A N/A N/A N/A
          U.S. Virgin Islands Hourly N/A N/A N/A N/A N/A
          Yearly N/A N/A N/A N/A N/A