Average Late-Career Loan Officer Salary

$64,996
Avg. Base Salary (USD)
10%
$30k
MEDIAN
$65k
90%
$122k

The average salary for a Loan Officer is $64,996 in 2025

Base Salary
$30k - $122k
Bonus
$984 - $24k
Profit Sharing
$1k - $23k
Commission
$2k - $295k
Total Pay
$41k - $156k
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FAQs About Loan Officers

What is the highest pay for Loan Officers?

Our data indicates that the highest pay for a Loan Officer is $122k / year

What is the lowest pay for Loan Officers?

Our data indicates that the lowest pay for a Loan Officer is $30k / 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.