Loan officer earnings by seniority

Approximate values based on highest and lowest earning segments.

Loan officer salary by state

State Name Average Salary
Alaska $56,980
Alabama $53,488
Arkansas $55,514
Arizona $52,696
California $60,420
Colorado $61,010
Connecticut $88,768
District of Columbia $74,840
Delaware $60,140
Florida $67,760
Georgia $54,690
Guam $45,840
Hawaii $66,666
Iowa $61,518
Idaho $59,677
Illinois $81,620
Indiana $57,023
Kansas $75,462
Kentucky $67,450
Louisiana $48,230
Massachusetts $70,090
Maryland $68,060
Maine $64,110
Minnesota $72,030
Missouri $68,010
Mississippi $57,500
Montana $57,840
North Carolina $62,360
North Dakota $67,610
Nebraska $75,800
New Hampshire $76,430
New Jersey $73,180
New Mexico $51,460
Nevada $60,630
New York $78,520
Ohio $64,770
Oklahoma $61,230
Oregon $64,610
Pennsylvania $66,807
Puerto Rico $29,150
Rhode Island $60,460
South Carolina $60,250
South Dakota $59,520
Tennessee $54,490
Texas $68,710
Utah $45,470
Virginia $63,860
Vermont $58,650
Washington $60,540
Wisconsin $62,850
West Virginia $48,820
Wyoming $61,860

How do loan officer salaries compare to similar careers?

Loan officers earn about the same as related careers in Indiana. On average, they make less than risk management specialists but more than credit analysts.

Career Median Salary
Risk management specialist salary $66K
Auditor salary $63K
Budget analyst salary $68K
Cost estimator salary $61K
Operations research analyst salary $61K
Loan officer salary $57K
Fraud analyst salary $66K
Financial quantitative analyst salary $66K
Accountant salary $60K
Credit analyst salary $60K

Source: CareerExplorer (Aggregated)