The average salary for a loan officer in Montana is around $57,840 per year.
Avg Salary
Loan officers earn an average yearly salary of $57,840.
Wages typically start from $33,910 and go up to $100,700.
2% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$48.41 per hour
$100,700 per year
75th percentile
Senior-level loan officer earnings begin at:
$37.04 per hour
$77,050 per year
50th percentile
Mid-level loan officer earnings begin at:
$27.81 per hour
$57,840 per year
25th percentile
Junior-level loan officer earnings begin at:
$20.55 per hour
$42,750 per year
10th percentile
Starting level loan officer earnings begin at:
$16.30 per hour
$33,910 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $88,768 |
| Illinois | $81,620 |
| New York | $78,520 |
| New Hampshire | $76,430 |
| Nebraska | $75,800 |
| Kansas | $75,462 |
| District of Columbia | $74,840 |
| New Jersey | $73,180 |
| Minnesota | $72,030 |
| Massachusetts | $70,090 |
| Texas | $68,710 |
| Maryland | $68,060 |
| Missouri | $68,010 |
| Florida | $67,760 |
| North Dakota | $67,610 |
| Kentucky | $67,450 |
| Pennsylvania | $66,807 |
| Hawaii | $66,666 |
| Ohio | $64,770 |
| Oregon | $64,610 |
| Maine | $64,110 |
| Virginia | $63,860 |
| Wisconsin | $62,850 |
| North Carolina | $62,360 |
| Wyoming | $61,860 |
| Iowa | $61,518 |
| Oklahoma | $61,230 |
| Colorado | $61,010 |
| Nevada | $60,630 |
| Washington | $60,540 |
| Rhode Island | $60,460 |
| California | $60,420 |
| South Carolina | $60,250 |
| Delaware | $60,140 |
| Idaho | $59,677 |
| South Dakota | $59,520 |
| Vermont | $58,650 |
| Montana | $57,840 |
| Mississippi | $57,500 |
| Indiana | $57,023 |
| Alaska | $56,980 |
| Arkansas | $55,514 |
| Georgia | $54,690 |
| Tennessee | $54,490 |
| Alabama | $53,488 |
| Arizona | $52,696 |
| New Mexico | $51,460 |
| West Virginia | $48,820 |
| Louisiana | $48,230 |
| Guam | $45,840 |
| Utah | $45,470 |
| Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Montana. On average, they make less than financial quantitative analysts but more than social fundraisers.
| Career | Median Salary |
|---|---|
| Financial quantitative analyst salary | $64K |
| Risk management specialist salary | $64K |
| Operations research analyst salary | $63K |
| Auditor salary | $61K |
| Accountant salary | $61K |
| Loan officer salary | $58K |
| Budget analyst salary | $61K |
| Revenue agent salary | $54K |
| Cost estimator salary | $57K |
| Social fundraiser salary | $54K |
Source: CareerExplorer (Aggregated)