▲7%
$17.01
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
25%
$15.50
MEDIAN
$17.01
75%
$17.50
The average hourly pay for a Loan Officer is $17.01 in 2025
Hourly Rate
$16 - $18
Bonus
$0 - $6k
Total Pay
$32k - $42k
Is Average Early-Career Loan Officer with Bill Collections Skills Hourly Pay your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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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
None
100%
Gender Breakdown for Loan Officers
Female
50.0%
Male
50.0%
This data is based on 2 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 $NaN / hour
What is the lowest pay for Loan Officers?
Our data indicates that the lowest pay for a Loan Officer is $NaN / hour
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.