Mortgage Loan Officer Salary in the United States

How much does a Mortgage Loan Officer make in the United States?

As of August 01, 2026, the average salary for a Mortgage Loan Officer in the United States is $49,864 per year, which breaks down to an hourly rate of $24.

However, a Mortgage Loan Officer's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $59,571
  • Majority Range (25th-75th percentile): $43,898 to $54,945
  • Entry-Level (10th percentile): $38,466
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View as table View as graph 25% $43,898 10% $38,466 90% $59,571 75% $54,945 $49,864 50%(Median) Didn’t find job title? Click

Mortgage Loan Officer Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $54,945 $4,579 $1,057 $26
Average $49,864 $4,155 $959 $24
25th Percentile $43,898 $3,658 $844 $21
Check out Mortgage Loan Officer Job Openings in the United States
Mortgage Loan Officer - Columbus Market

LCNB National Bank - Columbus, OH

Mortgage Loan Processor

M/I Homes - Columbus, OH

CRA Mortgage Loan Originator

Fifth Third Bancorp - Columbus, OH

Search More Mortgage Loan Officer Jobs in the United States

Key Factors That Influence Mortgage Loan Officer Salaries

A Mortgage Loan Officer'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.

How Experience Level Affects Mortgage Loan Officer Salaries?

Experience is a primary driver of a Mortgage Loan Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $49,491
  • Early Career (1-2 years): $62,149
  • Mid-Level (2-4 years): $90,625
  • Senior-Level (5-8 years): $93,104
  • Expert (over 8 years): $114,042
Levels Salary
Mortgage ... Level Mortgage Loan Officer$49,491
Mortgage ... Level Mortgage Loan Officer$62,149
Mortgage ... Level Mortgage Loan Officer$90,625
Mortgage ... Level Mortgage Loan Officer$93,104
Mortgage ... Level Mortgage Loan Officer$114,042
$49,491 0 yr
$62,149 < 2 yrs
$90,625 2-4 yrs
$93,104 5-8 yrs
$114,042 > 8 yrs
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What Am I Worth?

Top Paying Cities for Mortgage Loan Officers

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:

  • San Jose: $62,894
  • San Francisco: $62,205
  • Oakland: $60,894

What Skills Can Increase a Mortgage Loan Officer's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 3.95% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • CRM (Mentioned in 5.87% Job Postings): Customer relationship management (CRM) is a technology for managing all your company's relationships and interactions with customers and potential customers.
  • Mortgage Lending (Mentioned in 0.84% Job Postings): A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
See More Skills
Skills Demand Percentage
Customer Service 3.95%
CRM 5.87%
Mortgage Lending 0.84%
What skills can make your compensation higher?
Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Mortgage Loan Officer's salary.
  • Food Safety: Can increase your salary by up to 82%.
  • Integrity: Can increase your salary by up to 4%.
  • Products and Services: Can increase your salary by up to 4%.
Skill Salary Salary % Increase
Food Safety
$90,753
82%
Integrity
$51,859
4%
Products and Services
$51,859
4%
Data Entry
$51,859
4%
Communication Skills
$51,859
4%
Effective Communication
$51,859
4%
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Mortgage Loan Officer Salary by Industry: Top Paying Sectors

For Mortgage Loan Officer roles, the industry you choose can affect earning potential by as much as 35% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 20% above the average. In contrast, Mortgage Loan Officer positions in Insurance or Business Services typically offer lower base pay, as these industries often view Mortgage Loan Officer as a support function rather than a direct revenue driver.

The top paying industries for a Mortgage Loan Officer

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$59,837$29.020%
Edu., Gov't. & Nonprofit$52,358$25.05%

Mortgage Loan Officer Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Mortgage Loan Officer'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.

Last Updated on August 01, 2026

Salary Trends for Mortgage Loan Officer

Salaries for a Mortgage Loan Officer can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $57,821 in 2023 to around $57,421 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Mortgage Loan Officer salary trends, .

Average Annual Salary of Mortgage Loan Officer Over Time

2022
$???
2023
$57,821
2024
$57,749
2025
$57,421
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $57,821
2024 $57,749
2025 $57,421
2026
View More
2027
View More

Most common benefits for Mortgage Loan Officer

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Mortgage Loan Officer

Here are companies hiring for Mortgage Loan Officer and their salaries, click below for more details.

Find Your Next Mortgage Loan Officer Job

Ready to take the next step in your career? Browse thousands of current Mortgage Loan Officer job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Jet Direct Mortgage

    Columbus, OH

    Jet Direct Mortgage | Columbus, OH

    Join Our Team as a Mortgage Loan Originator. Beyond the Basics: What Makes Jet Direct Mortgage Different. We know you've heard it all before: "competitive ... more

    8 Days Ago

  • Covita Lending LLC

    Columbus, OH

    Covita Lending LLC | Columbus, OH

    Job Description. Job Description. Loan Partner Three (LP3) / Loan Processor. We are looking for a detail-oriented and proactive Loan Partner Three (LP3) to... more

    8 Days Ago

  • Opportunities

    Columbus, OH

    Opportunities | Columbus, OH

    Mortgage Loan Originator. The Mortgage Loan Originator is responsible for proactively soliciting new residential mortgage business through internal and ext... more

    9 Days Ago

  • Fifth Third Bancorp

    Columbus, OH

    Fifth Third Bancorp | Columbus, OH

    Mortgage Loan Originator. Make banking a Fifth Third better We connect great people to great opportunities. Are you ready to take the next step. Discover a... more

    9 Days Ago

  • TALENT Software Services

    Columbus, OH

    TALENT Software Services | Columbus, OH

    Job Description. Job Description. Preferred Qualifications. Mortgage experience (processing preferred). Experience in a Loan Origination System (Netox, etc... more

    9 Days Ago

  • Ruoff Mortgage

    Columbus, OH

    Ruoff Mortgage | Columbus, OH

    Loan Officer. The Loan Officer plays a key role in supporting the mortgage lending process by assisting clients through their home-financing journey. The L... more

    8 Days Ago

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FAQ about Mortgage Loan Officer

1. What industry pays the highest salary for Mortgage Loan Officer?

The Financial Services industry offers the highest average compensation for Mortgage Loan Officer roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

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