▼20%
$54,605
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$37k
MEDIAN
$55k
90%
$85k
The average salary for a Loan Officer is $54,605 in 2025
Base Salary
$37k - $85k
Bonus
$1k - $20k
Profit Sharing
$819 - $10k
Commission
$1k - $100k
Total Pay
$38k - $95k
Is Average Mid-Career Loan Officer Salary your job title? Find out what you should be paid
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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:
Common Health Benefits for a Loan Officer
Medical
80%
Dental
61%
Vision
56%
None
20%
Gender Breakdown for Loan Officers
Female
68.5%
Male
31.5%
This data is based on 92 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 $85k / 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.