▲34%
JA$985,112
Avg. Base Salary (JMD)
/ year
Avg. Base Salary (JMD)
10%
JMD 40k
MEDIAN
JMD 985k
90%
JMD 2m
The average salary for a Loan Officer is JA$985,112 in 2025
Base Salary
JA$40k - JA$2m
Bonus
JA$0 - JA$744k
Total Pay
JA$256k - JA$2m
Is Average Loan Officer Salary in Jamaica 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
78%
Dental
56%
Vision
44%
None
22%
Gender Breakdown for Loan Officers
Female
80.0%
Male
10.0%
This data is based on 10 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 JMD 2m / year
What is the lowest pay for Loan Officers?
Our data indicates that the lowest pay for a Loan Officer is JMD 40k / 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.