Loan Officers pay in Baltimore-Columbia-Towson
In Baltimore-Columbia-Towson (MD), the median pay for loan officers is $32.92 an hour ($68,470 a year). About 1,810 people work in this job there.
That is 11% lower than the U.S. median ($76,690). It is 7% lower than the Maryland median ($73,580).
Pay range for loan officers in Baltimore-Columbia-Towson (MD)
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $16.16 | $33,610 |
| 25% of workers | $22.45 | $46,690 |
| Half of workers (median) | $32.92 | $68,470 |
| 75% of workers | $46.78 | $97,290 |
| 90% of workers | $67.16 | $139,700 |
Loan Officers pay in Maryland metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Baltimore-Columbia-Towson (this page) | $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)
- Related work experience most have: 2 to 4 years (O*NET)
- 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 Baltimore-Columbia-Towson (MD)
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $85,160 |
| Personal Financial Advisors | $98,970 |
| Financial and Investment Analysts | $98,880 |
| Financial Specialists, All Other | $77,960 |
| Budget Analysts | $96,150 |
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.