$16.21
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
25%
$14.66
MEDIAN
$16.21
75%
$17.45
The average hourly pay for a Loan Officer is $16.21 in 2025
Hourly Rate
$15 - $17
Bonus
$614 - $946
Total Pay
$27k - $44k
Is Average Early-Career Loan Officer with Banking 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 Do Loan Officers Do?
Find your market worth – how it works:
Common Health Benefits for a Loan Officer
Medical
67%
Dental
67%
Vision
33%
None
33%
Gender Breakdown for Loan Officers
Male
66.7%
Female
33.3%
This data is based on 3 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.