Loan officer salary in United States

The average salary for a Loan Officer is $185,250 per year in the United States. This figure is based on 72k salaries taken from job postings on Indeed in the past 36 months, last updated on August 31, 2026.

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Loan Officer salaries typically range between a low of $83,233 and a high of $412,308 per year, depending on experience, location, and the hiring company.

Some of the highest-paying cities for Loan Officer include Hallandale Beach, FL at $187,407 per year, Orlando, FL at $156,815 per year, and Plano, TX at $145,623 per year.

Based on recent job postings on Indeed, some of the top-paying companies for Loan Officer include United Financial ($300,000 per year) and Sistar Mortgage ($282,917 per year).

Compensation can vary based on the specific niche and level of responsibility within the field. Here is how the average Loan Officer salary compares to related positions:

• Junior Loan Officer: Average $64,128 per year
• Senior Loan Officer: Average $125,887 per year