As of August 01, 2026, the average salary for a Mortgage Loan Officer in District of Columbia is $55,210 per year, which breaks down to an hourly rate of $27.
However, a Mortgage Loan Officer's salary can vary significantly. Here’s a look at the typical salary range:
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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.
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:
| Levels | Salary |
|---|---|
| Mortgage ... Level Mortgage Loan Officer | $54,796 |
| Mortgage ... Level Mortgage Loan Officer | $68,812 |
| Mortgage ... Level Mortgage Loan Officer | $100,340 |
| Mortgage ... Level Mortgage Loan Officer | $103,085 |
| Mortgage ... Level Mortgage Loan Officer | $126,268 |
What Am I Worth?
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 Mortgage Loan Officers. For example, consider the average annual salaries in these key locations:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $66,252 | $32.0 | 20% |
| Edu., Gov't. & Nonprofit | $57,970 | $28.0 | 5% |
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, 2026Ready 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.
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