▼28%
$61,088
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$41k
MEDIAN
$61k
90%
$112k
The average salary for a Loan Officer is $61,088 in 2025
Base Salary
$41k - $112k
Bonus
$1k - $15k
Profit Sharing
$0 - $1k
Commission
$3k - $77k
Total Pay
$51k - $113k
Is Average Late-Career Loan Officer with Mortgage Loans Skills Salary 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?
EXPLORE BY:
Featured Content
‹
Remote Work
New research shows how to set pay for remote employees
Gender Pay Gap
New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education.
Compensation Best Practices Report
From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation.
Salary Budget Survey Report
See how organizations are shifting their salary budgets this year.
Retention Report
Get strategies you can use to retain top talent and learn how impactful employee retention really is.
Variable Pay Playbook
Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices.
›
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
94%
Dental
81%
Vision
75%
None
6%
Gender Breakdown for Loan Officers
Female
55.6%
Male
44.4%
This data is based on 18 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 $112k / year
What is the lowest pay for Loan Officers?
Our data indicates that the lowest pay for a Loan Officer is $41k / 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.