▼18%
$53,760
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$37k
MEDIAN
$54k
90%
$86k
The average salary for a Loan Officer is $53,760 in 2025
Base Salary
$37k - $86k
Bonus
$740 - $15k
Profit Sharing
$922 - $11k
Commission
$545 - $80k
Total Pay
$35k - $88k
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What is the Pay by Experience Level for Loan Officers?
What Do Loan Officers Do?
Find your market worth – how it works:
How do Loan Officers Rate Their Jobs?
Based on 105 responses, the job of Loan Officer has received a job satisfaction rating of 3.73 out of 5. On average, Loan Officers are highly satisfied with their job.
Common Health Benefits for a Loan Officer
Medical
80%
Dental
71%
Vision
61%
None
18%
Gender Breakdown for Loan Officers
Female
54.6%
Male
45.1%
Prefer to self-define
0.3%
This data is based on 324 survey responses. Learn more about the gender pay gap.
FAQs About Loan Officers
What is the highest pay for Loan Officers?
Our data indicates that the highest pay for a Loan Officer is $86k / year
What is the lowest pay for Loan Officers?
Our data indicates that the lowest pay for a Loan Officer is $37k / year
How can Loan Officers increase their salary?
Increasing your pay as a Loan Officer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Officer that oversees more junior Loan Officers, this experience can increase the likelihood to earn more.