Loan Officers pay in Philadelphia-Camden-Wilmington
In Philadelphia-Camden-Wilmington (PA), the median pay for loan officers is $37.30 an hour ($77,590 a year). About 4,660 people work in this job there.
That is about the same as the U.S. median ($76,690). It is 12% higher than the Pennsylvania median ($69,300).
Pay range for loan officers in Philadelphia-Camden-Wilmington (PA)
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $20.93 | $43,540 |
| 25% of workers | $26.08 | $54,240 |
| Half of workers (median) | $37.30 | $77,590 |
| 75% of workers | $49.80 | $103,570 |
| 90% of workers | $67.72 | $140,860 |
Loan Officers pay in Pennsylvania metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Philadelphia-Camden-Wilmington (this page) | $77,590 | 4,660 |
| Lancaster | $74,450 | 280 |
| Scranton--Wilkes-Barre | $74,430 | 300 |
| Lebanon | $74,380 | 50 |
| Pittsburgh | $73,360 | 1,440 |
| Johnstown | $68,820 | 70 |
| Harrisburg-Carlisle | $66,500 | 450 |
| Allentown-Bethlehem-Easton | $66,480 | 290 |
| Chambersburg | $62,770 | 80 |
| Reading | $62,630 | 180 |
| Altoona | $62,150 | 90 |
| York-Hanover | $62,030 | 130 |
| Williamsport | $60,600 | 70 |
| State College | $59,540 | 50 |
| Erie | $54,530 | 130 |
Pennsylvania unemployment rate: 3.7% (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 Philadelphia-Camden-Wilmington (PA)
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $85,990 |
| Financial and Investment Analysts | $95,400 |
| Personal Financial Advisors | $116,560 |
| Financial Specialists, All Other | $84,680 |
| Insurance Underwriters | $84,580 |
| Financial Risk Specialists | $130,880 |
| Tax Examiners and Collectors, and Revenue Agents | $60,550 |
| Credit Analysts | $92,460 |
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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.