Loan Officers pay in Columbus

In Columbus (OH), the median pay for loan officers is $39.50 an hour ($82,160 a year). About 2,410 people work in this job there.

$39.50Median hourly pay
$56,990–$106,380Middle half of workers, yearly
2,410People in this job in Columbus (OH)

That is 7% higher than the U.S. median ($76,690). It is 8% higher than the Ohio median ($76,370).

Pay range for loan officers in Columbus (OH)

Earns more thanHourlyYearly
10% of workers$19.06$39,650
25% of workers$27.40$56,990
Half of workers (median)$39.50$82,160
75% of workers$51.14$106,380
90% of workers$69.66$144,880

Loan Officers pay in Ohio metro areas

Metro areaMedian yearly payPeople in this job
Columbus (this page)$82,1602,410
Cleveland$77,7301,920
Cincinnati$75,3002,060
Sandusky$74,96060
Toledo$74,400320
Akron$72,080270
Dayton-Kettering-Beavercreek$66,070440
Springfield$62,86030
Lima$62,43070
Mansfield$60,75050
Youngstown-Warren$60,530100
Canton-Massillon$57,720240

Ohio unemployment rate: 3.3% (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 Columbus (OH)

JobMedian yearly pay
Accountants and Auditors$81,700
Financial and Investment Analysts$97,920
Personal Financial Advisors$81,600
Financial Specialists, All Other$83,160
Insurance Underwriters$79,370
Credit Analysts$80,500

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.