Loan Officer salary in the United States

Average salary
Based on 8,909 income tax records
Average salary by age
How much do Loan Officers make?
The average total salary for a Loan Officer is $59,500 per year. This is based on data from 8,909 TurboTax users who reported their occupation as Loan Officer and includes taxable wages, tips, bonuses, and more. Loan Officer salary can vary between $24,000 to $296,000 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Loan Officer salary by location

Loan Officer salary by company

Average salary per year*
Salary range**
Mortgage Research Center, Boone County, MO
87 income tax records
$66K – $455K
Mr. Cooper, Denton County, TX
10 income tax records
$62K – $306K
JPMorgan Chase, Maricopa County, AZ
10 income tax records
$89K – $170K
icon, Maricopa County, AZ
15 income tax records
$29K – $291K
Fairway Independent Mortgage, Maricopa County, AZ
16 income tax records
$22K – $377K
National Finance Center, Tarrant County, TX
13 income tax records
$65K – $151K
Homeside Financial, Franklin County, OH
19 income tax records
$24K – $199K
Jfq Lending, Maricopa County, AZ
11 income tax records
$46K – $136K
Broker Solutions, Orange County, CA
12 income tax records
$30K – $151K
Navy Federal Credit Union, Escambia County, FL
19 income tax records
$43K – $91K
United Services Automobile Association, Bexar County, TX
21 income tax records
$48K – $74K
Bank Of America, Clark County, NV
10 income tax records
$49K – $70K
State Employees' Credit Union, Wake County, NC
10 income tax records
$45K – $61K
Whatcom Educational, Whatcom County, WA
14 income tax records
$20K – $82K
Spokane Teachers Credit, Spokane County, WA
14 income tax records
$36K – $177K
Michigan State University, Ingham County, MI
20 income tax records
$34K – $45K
Mountain America Federal Credit, Salt Lake County, UT
30 income tax records
$25K – $59K
America First Credit Union, Salt Lake County, UT
17 income tax records
$27K – $61K
Idaho Central Credit Union, Bannock County, ID
11 income tax records
$26K – $49K
Gecu, El Paso County, TX
14 income tax records
$25K – $42K
Utah Community Federal Credit Un, Utah County, UT
16 income tax records
$16K – $44K

Loan Officer demographics in United States

single icon
51% are single
married icon
49% are married
have kids icon
45% have kids
own a home icon
60% own a home

Effective Tax Rates for Loan Officers in United States

8,909 full-time salaries from 2019
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Other loan officers track salary trends in Mint, you should too.
The average salary for a loan officer in the United States is $59,500 per year. Loan officer salaries in the United States can vary between $24,000 to $296,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 8,909 tax returns from TurboTax customers who reported their occupation as loan officer.

The following companies offer the highest salaries for loan officers in the United States: Mortgage Research Center ($167,000 a year), Mr. Cooper ($138,500 a year), and JPMorgan Chase ($128,000 a year).

The following cities offer the highest salaries for loan officers in the United States: Columbia Metro Area, MO ($145,500 a year), Boston Metro Area, MA ($108,000 a year), and Riverside Metro Area, CA ($104,000 a year).
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
Total salary ranges shown here exclude outliers.