The average salary for a loan officer in Montana is around $71,570 per year.
Avg Salary
Loan officers earn an average yearly salary of $71,570.
Wages typically start from $48,130 and go up to $123,130.
19% above national average Updated in 2025
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$59.20 per hour
$123,130 per year
75th percentile
Senior-level loan officer earnings begin at:
$46.20 per hour
$96,100 per year
50th percentile
Mid-level loan officer earnings begin at:
$34.41 per hour
$71,570 per year
25th percentile
Junior-level loan officer earnings begin at:
$26.84 per hour
$55,830 per year
10th percentile
Starting level loan officer earnings begin at:
$23.14 per hour
$48,130 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
| North Dakota | $84,650 |
| Iowa | $83,670 |
| Delaware | $83,130 |
| Maine | $81,900 |
| California | $81,770 |
| New Hampshire | $80,660 |
| Washington | $80,120 |
| South Dakota | $79,920 |
| Nebraska | $79,840 |
| Wyoming | $79,620 |
| Illinois | $79,150 |
| Virginia | $78,320 |
| Wisconsin | $78,290 |
| Rhode Island | $77,250 |
| Ohio | $76,370 |
| North Carolina | $75,920 |
| Michigan | $74,470 |
| Missouri | $73,660 |
| Maryland | $73,580 |
| Oklahoma | $72,990 |
| Indiana | $72,960 |
| Alaska | $72,800 |
| Montana | $71,570 |
| Florida | $71,090 |
| Idaho | $71,070 |
| Arkansas | $70,260 |
| Pennsylvania | $69,300 |
| Georgia | $68,490 |
| Alabama | $66,710 |
| Texas | $66,370 |
| Nevada | $64,500 |
| Hawaii | $63,740 |
| South Carolina | $63,220 |
| Tennessee | $62,800 |
| New Mexico | $62,610 |
| Arizona | $62,160 |
| Kentucky | $62,090 |
| Louisiana | $61,110 |
| Mississippi | $60,260 |
| Utah | $59,440 |
| West Virginia | $57,580 |
| Guam | $38,630 |
| Puerto Rico | $30,080 |
| Massachusetts | $101,600 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Montana. On average, they make less than financial quantitative analysts but more than tax preparers.
| Career | Median Salary |
|---|---|
| Financial quantitative analyst salary | $76K |
| Fraud analyst salary | $76K |
| Risk management specialist salary | $76K |
| Budget analyst salary | $80K |
| Cost estimator salary | $77K |
| Loan officer salary | $72K |
| Underwriter salary | $63K |
| Revenue agent salary | $64K |
| Market research analyst salary | $68K |
| Tax preparer salary | $63K |
Source: CareerExplorer (Aggregated)