Loan Officers pay in Maryland
In Maryland, the median pay for loan officers is $35.37 an hour ($73,580 a year). About 3,850 people work in this job there.
That is 4% lower than the U.S. median ($76,690). Maryland ranks 29th of 51 states and territories for this job’s median pay.
Pay range for loan officers in Maryland
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $18.02 | $37,470 |
| 25% of workers | $24.03 | $49,990 |
| Half of workers (median) | $35.37 | $73,580 |
| 75% of workers | $47.70 | $99,220 |
| 90% of workers | $76.86 | $159,860 |
Loan Officers pay in Maryland metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Baltimore-Columbia-Towson | $68,470 | 1,810 |
| Lexington Park | $64,390 | 70 |
| Hagerstown-Martinsburg | $62,060 | 120 |
| Salisbury | $60,700 | 50 |
Maryland unemployment rate: 4.1% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for loan officers
- Typical education to start: Bachelor's degree (BLS)
- Experience usually needed to start: Less than 5 years (BLS)
- Training on the job: Moderate-term on-the-job training (BLS)
- Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)
Related jobs in Maryland
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $89,370 |
| Financial and Investment Analysts | $100,370 |
| Personal Financial Advisors | $99,880 |
| Financial Specialists, All Other | $101,400 |
| Budget Analysts | $106,020 |
| Insurance Underwriters | $92,120 |
| Tax Preparers | $47,020 |
| Financial Risk Specialists | $117,130 |
Other job titles for this job
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.