Auto Loan Officer Salaries in Minnesota
How Much Does an Auto Loan Officer Make in Minnesota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Auto Loan Officer in Minnesota is $50,514.
While Salary.com is seeing that Auto Loan Officer salary in MN can go up to $64,619
or down to $31,713, but most earn between $40,673 and $57,897.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Auto Loan Officer
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Similar Job Salaries to Auto Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Paramount Residential Mortgage Group
Loan Officer
|
$71,670/yr
|
RANGE: $60,934 - $82,405
|
|
Associated Healthcare Credit Union
Loan Officer
|
$95,572/yr
|
RANGE: $75,666 - $115,477
|
|
Citizens Alliance
Loan Officer
|
$96,170/yr
|
RANGE: $76,659 - $115,681
|
|
Caliver Beach Mortgage
Loan Officer
|
$95,087/yr
|
RANGE: $75,796 - $114,379
|
|
Citizens Alliance Bank
Loan Officer
|
$96,170/yr
|
RANGE: $76,659 - $115,681
|
|
Edge Home Finance Corporation
Mortgage Loan Officer
|
$104,439/yr
|
RANGE: $83,250 - $125,627
|
|
Gilbert Structural LLC
COMMERCIAL LOAN OFFICER
|
$133,438/yr
|
RANGE: $109,146 - $157,731
|
|
Scale Bank
COMMERCIAL LOAN OFFICER
|
$128,659/yr
|
RANGE: $105,237 - $152,081
|
|
First International Bank & Trust
Commercial Loan Officer
|
$119,136/yr
|
RANGE: $99,037 - $139,235
|
|
MBT Bank
Commercial / Ag Loan Officer
|
$120,980/yr
|
RANGE: $98,946 - $143,013
|
Top 10 Highest Paying Cities For Auto Loan Officer Jobs in Minnesota
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Auto Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Auto Loan Officer job salaries in Minnesota.
Some cities can pay higher salaries for Auto Loan Officer jobs, which can indicate that there is a large demand for Auto Loan Officer positions in this city.
The following table shows top 10 cities where the Auto Loan Officer salary is higher than other cities in Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Auto Loan Officer salary is $52,391 in Minneapolis,
which is higher than the national average. There are 7 cities' Auto Loan Officer salary higher than national average in Minnesota.
The average salary for an Auto Loan Officer in Minnesota is $50,514,
but we found that the city with the highest salary for Auto Loan Officer jobs is Minneapolis, MN, and it is higher than Saint Paul.
Auto Loan Officer jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $52,391 | $4,366 | $1,008 | $25 |
| Saint Paul | $52,391 | $4,366 | $1,008 | $25 |
| Minnetonka | $52,391 | $4,366 | $1,008 | $25 |
| Eden Prairie | $52,292 | $4,358 | $1,006 | $25 |
| Burnsville | $52,243 | $4,354 | $1,005 | $25 |
| Lakeville | $52,045 | $4,337 | $1,001 | $25 |
| Rochester | $49,527 | $4,127 | $952 | $24 |
| Saint Cloud | $48,687 | $4,057 | $936 | $23 |
| Duluth | $47,700 | $3,975 | $917 | $23 |
What Does an Auto Loan Officer Do?
Allows you to select terms of 48, 60 or 72 months; you can discuss other terms with your loan officer after your application is submitted.
Updated November 21, 2021
The BLS reports that approximately 25,000 openings for loan officers are projected each year, on average, over the decade.
Updated October 18, 2021
Here are benefits and drawbacks worth considering when deciding between a mortgage broker and a loan officer.
Updated December 21, 2021
Loan officers communicate with numerous individuals to facilitate the lending process for banking clients.
Updated December 20, 2021
Mortgage brokers and mortgage loan officers have to follow strict compensation rules set by the federal Truth in Lending Act.
Updated December 19, 2021
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Explore JobArchitectFrequently Asked Questions About an Auto Loan Officer Salaries
What is the average of an Auto Loan Officer in Minnesota?
The Auto Loan Officer salary range is from $40,673 to $57,897, and the average Auto Loan Officer salary is $50,514/year in Minnesota.
The Auto Loan Officer's salary will change in different locations.
Which location pays the highest Auto Loan Officer salary in the United States?
The Auto Loan Officer salary in San Jose, CA is $61,970
which is the highest in the US.
What kinds of reasons will influence the Auto Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Auto Loan Officer.
What is the growth rate of the Auto Loan Officer's salary?
If you are thinking of becoming an Auto Loan Officer or planning the next step in your career, find the detailed salary report of an Auto Loan Officer.
