Loan Officers pay in Missouri

In Missouri, the median pay for loan officers is $35.41 an hour ($73,660 a year). About 7,050 people work in this job there.

$35.41Median hourly pay
$51,300–$98,270Middle half of workers, yearly
7,050People in this job in Missouri

That is 4% lower than the U.S. median ($76,690). Missouri ranks 28th of 51 states and territories for this job’s median pay.

Pay range for loan officers in Missouri

Earns more thanHourlyYearly
10% of workers$18.71$38,910
25% of workers$24.66$51,300
Half of workers (median)$35.41$73,660
75% of workers$47.24$98,270
90% of workers$65.45$136,130

Loan Officers pay in Missouri metro areas

Metro areaMedian yearly payPeople in this job
Kansas City$82,3302,180
Columbia$81,850450
Cape Girardeau$76,40070
Springfield$76,040480
St. Louis$74,5102,690
Joplin$70,170140
Jefferson City$64,430270
St. Joseph$63,08080

Missouri unemployment rate: 3.5% (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 Missouri

JobMedian yearly pay
Accountants and Auditors$76,590
Personal Financial Advisors$99,930
Financial and Investment Analysts$98,420
Financial Specialists, All Other$75,800
Financial Examiners$79,990
Tax Examiners and Collectors, and Revenue Agents$50,250
Insurance Underwriters$80,040
Property Appraisers and Assessors$57,380

Other job titles for this job

Financial CounselorFinancial Aid CounselorHome Lending AdvisorAgricultural Loan OfficerBank OfficerBanking Services OfficerBranch Lending OfficerBusiness Banking OfficerCommercial BankerCommercial LenderCommercial Loan Collection OfficerCommercial Loan Officer

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Source: 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.