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As of August 01, 2026, the average salary for a Loan Broker in Alabama is $55,759 per year, which breaks down to an hourly rate of $27.
However, a Loan Broker's salary can vary significantly. Here’s a look at the typical salary range:
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Loan Broker Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $61,692 | $5,141 | $1,186 | $30 |
| Average | $55,759 | $4,647 | $1,072 | $27 |
| 25th Percentile | $49,398 | $4,116 | $950 | $24 |
OneMain Financial - JACKSONVILLE, NC
Confidential - BOSTON, MA
Confidential - NEW YORK, NY
Confidential - HOUSTON, TX
A Loan Broker's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Brokers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Loan Broker roles, the industry you choose can affect earning potential by as much as 55% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Biotechnology sectors offer the strongest compensation, at 25% above the average. In contrast, Loan Broker positions in Transportation or Retail & Wholesale typically offer lower base pay, as these industries often view Loan Broker as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $69,699 | $34.0 | 25% |
| Biotechnology | $66,911 | $32.0 | 20% |
| Software & Networking | $66,911 | $32.0 | 20% |
| Energy & Utilities | $64,123 | $31.0 | 15% |
| Chemicals | $61,335 | $29.0 | 10% |
Understanding how a Loan Broker's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $61,692 | $5,141 | $1,186 | $30 |
| Average | $55,759 | $4,647 | $1,072 | $27 |
| 25th Percentile | $49,398 | $4,116 | $950 | $24 |
Ready to take the next step in your career? Browse thousands of current Loan Broker job openings on our job board. Use the search bar below to find your perfect match.
Confidential
HOUSTON, TX
Confidential | HOUSTON, TX
Vice President, Loan Operations. About the Company. Respected banking institution. Industry. Banking. Type. Privately Held. About the Role. The Company is ... more
1 Month Ago
Confidential
DOWNERS GROVE, IL
Confidential | DOWNERS GROVE, IL
Vice President, Loan Administration. About the Company. Well-regarded community bank. Industry. Banking. Type. Privately Held. About the Role. The Company ... more
1 Month Ago
Confidential
GREEN BAY, WI
Confidential | GREEN BAY, WI
Vice President, Commercial Loan Officer. About the Company. A growing, mid-sized financial institution with advancement opportunities. Industry. Banking. T... more
18 Days Ago
Confidential
HUDSON, WI
Confidential | HUDSON, WI
Vice President, Commercial Loan Officer. About the Company. Growing mid-sized financial institution with an established portfolio and room for advancement.... more
1 Month Ago
Confidential
NIAGARA, WI
Confidential | NIAGARA, WI
Vice President, Commercial Loan Officer. About the Company. Flourishing community bank. Industry. Banking. Type. Privately Held. About the Role. The Compan... more
1 Month Ago
Confidential
CHIPPEWA FALLS, WI
Confidential | CHIPPEWA FALLS, WI
Vice President, Commercial Loan Officer. About the Company. Prominent community bank. Industry. Banking. Type. Privately Held. About the Role. The Company ... more
1 Month Ago
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