The average salary for a loan officer in Pennsylvania is around $66,807 per year.
Avg Salary
Loan officers earn an average yearly salary of $66,807.
Wages typically start from $33,775 and go up to $132,143.
14% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$63.53 per hour
$132,143 per year
75th percentile
Senior-level loan officer earnings begin at:
$45.99 per hour
$95,659 per year
50th percentile
Mid-level loan officer earnings begin at:
$32.12 per hour
$66,807 per year
25th percentile
Junior-level loan officer earnings begin at:
$22.43 per hour
$46,657 per year
10th percentile
Starting level loan officer earnings begin at:
$16.24 per hour
$33,775 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 Pennsylvania. On average, they make less than financial analysts but more than cost estimators.
| Career | Median Salary |
|---|---|
| Financial analyst salary | $78K |
| Operations research analyst salary | $77K |
| Investment banker salary | $75K |
| Fraud analyst salary | $75K |
| Risk management specialist salary | $74K |
| Loan officer salary | $67K |
| Credit analyst salary | $71K |
| Financial quantitative analyst salary | $71K |
| Budget analyst salary | $71K |
| Cost estimator salary | $65K |
Source: CareerExplorer (Aggregated)