▼18%
C$46,913
Avg. Base Salary (CAD)
/ year
Avg. Base Salary (CAD)
10%
CA$37k
MEDIAN
CA$47k
90%
CA$62k
The average salary for a Loan Officer is C$46,913 in 2025
Base Salary
C$37k - C$62k
Bonus
C$2k - C$5k
Total Pay
C$39k - C$62k
Is Average Loan Officer Salary in Canada 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:
How do Loan Officers Rate Their Jobs?
We need at least 5 ratings before we can calculate a satisfaction score. Are you a Loan Officer? Take our survey to help us meet this goal.
Common Health Benefits for a Loan Officer
Medical
83%
Dental
67%
Vision
58%
None
17%
Gender Breakdown for Loan Officers
Female
54.5%
Male
45.5%
This data is based on 11 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 CA$62k / year
What is the lowest pay for Loan Officers?
Our data indicates that the lowest pay for a Loan Officer is CA$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.