How Much Does a Bank Loan Officer Make in Iowa?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Bank Loan Officer in Iowa is $47,223. While Salary.com is seeing that Bank Loan Officer salary in IA can go up to $60,415 or down to $29,661, but most earn between $38,030 and $54,128. 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 Bank Loan Officer
Bank Of America Loan Officer
$100,571
Iowa
Per Year
Loan Officer I
$50,390
Iowa
Per Year
Loan Officer III
$91,900
Iowa
Per Year
Loan Officer II
$72,650
Iowa
Per Year
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Similar Job Salaries to Bank Loan Officer by Company

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Company average base salary in (usd) range
Availa Bank
Bank Loan Officer
$69,849/yr
$56,317
$83,381
RANGE: $56,317 - $83,381
Ambank Company
Loan Officer
$87,664/yr
$69,886
$105,442
RANGE: $69,886 - $105,442
Availa Bank
Bank Loan Document Preparation and Imaging Assistant
$50,737/yr
$44,368
$57,106
RANGE: $44,368 - $57,106
Builders Capital
Loan Officer - Hybrid
$90,234/yr
$71,017
$109,451
RANGE: $71,017 - $109,451
Primebank
Commercial Loan Officer
$138,455/yr
$110,033
$166,877
RANGE: $110,033 - $166,877
HOUGHTON STATE BANK
Ag/Commercial Loan Officer
$86,689/yr
$70,789
$102,589
RANGE: $70,789 - $102,589
MARION COUNTY BANK
Agricultural and Commercial Loan Officer
$110,454/yr
$87,889
$133,020
RANGE: $87,889 - $133,020
Marion County Bank
Agricultural & Commercial Loan Officer
$110,454/yr
$87,889
$133,020
RANGE: $87,889 - $133,020
Farmers Trust and Savings Bank
Real Estate Loan Officer
$142,614/yr
$112,866
$172,363
RANGE: $112,866 - $172,363
Corda Credit Union
Consumer Loan Officer-Cedar Rapids
$68,193/yr
$59,073
$77,313
RANGE: $59,073 - $77,313

Open Bank Loan Officer Jobs in Iowa

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Top 10 Highest Paying Cities For Bank Loan Officer Jobs in Iowa

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Bank 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 Bank Loan Officer job salaries in Iowa. Some cities can pay higher salaries for Bank Loan Officer jobs, which can indicate that there is a large demand for Bank Loan Officer positions in this city.
The following table shows top 10 cities where the Bank Loan Officer salary is higher than other cities in Iowa. Des Moines takes first place in this list, followed by Ankeny, Urbandale. The Bank Loan Officer salary is $48,397 in Des Moines, which is lower than the national average. There is 0 city's Bank Loan Officer salary higher than national average in Iowa.
The average salary for a Bank Loan Officer in Iowa is $47,223, but we found that the city with the highest salary for Bank Loan Officer jobs is Des Moines, IA, and it is higher than Ankeny. Bank Loan Officer jobs in Des Moines can have the opportunity to earn higher salaries than in other cities in Iowa.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Des Moines $48,397 $4,033 $931 $23
Ankeny $48,397 $4,033 $931 $23
Urbandale $48,397 $4,033 $931 $23
Ames $47,953 $3,996 $922 $23
Cedar Rapids $47,213 $3,934 $908 $23
Davenport $46,833 $3,903 $901 $23
Iowa City $46,828 $3,902 $901 $23
Council Bluffs $46,759 $3,897 $899 $22
Dubuque $46,576 $3,881 $896 $22
Waterloo $46,117 $3,843 $887 $22

What Does a Bank Loan Officer Do?

A loan officer is licensed with the necessary federal and state authorities and adheres to the regulations of the lending process.
Updated December 08, 2021
A good loan officer will also communicate well with the other involved parties, such as the underwriter.
Updated November 26, 2021
Despite limited employment growth, about 25,000 openings for loan officers are projected each year, on average, over the decade.
Updated November 19, 2021
A loan officer can offer their expertise to answer your questions and help you properly fill out the paperwork.
Updated October 29, 2021
Except for consumer loan officers, who spend most of their time in offices, these workers may travel to visit clients.
Updated December 22, 2021

Frequently Asked Questions About a Bank Loan Officer Salaries

What is the average of a Bank Loan Officer in Iowa?

The Bank Loan Officer salary range is from $38,030 to $54,128, and the average Bank Loan Officer salary is $47,223/year in Iowa. The Bank Loan Officer's salary will change in different locations.

Which location pays the highest Bank Loan Officer salary in the United States?

The Bank Loan Officer salary in San Jose, CA is $62,238 which is the highest in the US.

What kinds of reasons will influence the Bank 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 Bank Loan Officer.

What is the growth rate of the Bank Loan Officer's salary?

If you are thinking of becoming a Bank Loan Officer or planning the next step in your career, find the detailed salary report of a Bank Loan Officer.