Bank Loan Officer Salaries in Maryland
How Much Does a Bank Loan Officer Make in Maryland?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Bank Loan Officer in Maryland is $50,879.
While Salary.com is seeing that Bank Loan Officer salary in MD can go up to $65,093
or down to $31,958, but most earn between $40,975 and $58,319.
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
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Bank Loan Officer by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Paramount Residential Mortgage Group
Loan Officer
|
$69,552/yr
|
RANGE: $59,135 - $79,969
|
|
Jobot
Loan Officer
|
$133,903/yr
|
RANGE: $110,111 - $157,694
|
|
AI Lending
Loan Officer
|
$103,950/yr
|
RANGE: $82,869 - $125,031
|
|
Primary Residential Mortgage
Loan Officer/Loan Officer Assistant
|
$86,913/yr
|
RANGE: $73,717 - $100,110
|
|
Availa Bank
Bank Loan Officer
|
$69,849/yr
|
RANGE: $56,317 - $83,381
|
|
Allied Universal
Security Bank Protection Officer
|
$62,580/yr
|
RANGE: $52,685 - $72,474
|
|
US Mortgage Corporation
Mortgage Loan Originator (Loan Officer)
|
$105,595/yr
|
RANGE: $84,181 - $127,010
|
Top 10 Highest Paying Cities For Bank Loan Officer Jobs in Maryland
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 Maryland.
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 Maryland.
Silver Spring takes first place in this list, followed by Bethesda, Potomac.
The Bank Loan Officer salary is $54,634 in Silver Spring,
which is higher than the national average. There are 15 cities' Bank Loan Officer salary higher than national average in Maryland.
The average salary for a Bank Loan Officer in Maryland is $50,879,
but we found that the city with the highest salary for Bank Loan Officer jobs is Silver Spring, MD, and it is higher than Bethesda.
Bank Loan Officer jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Silver Spring | $54,634 | $4,553 | $1,051 | $26 |
| Bethesda | $54,634 | $4,553 | $1,051 | $26 |
| Potomac | $54,600 | $4,550 | $1,050 | $26 |
| Rockville | $54,570 | $4,547 | $1,049 | $26 |
| Bowie | $54,521 | $4,543 | $1,048 | $26 |
| Waldorf | $54,486 | $4,541 | $1,048 | $26 |
| Gaithersburg | $54,486 | $4,541 | $1,048 | $26 |
| Germantown | $53,169 | $4,431 | $1,022 | $26 |
| Frederick | $52,887 | $4,407 | $1,017 | $25 |
| Baltimore | $50,879 | $4,240 | $978 | $24 |
What Does a Bank Loan Officer Do?
A loan officer knows the ins and outs of loans and what makes an applicant get approved or denied, so take their suggestions seriously and implement them to increase your odds of getting approved for a loan.
Updated December 11, 2021
When you have your search narrowed down to a few choices, you can ask helpful questions that can lead you to choose the right loan officer for you.
Updated November 03, 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
If you can meet with or speak to a loan officer, you can make your case for loan approval to a human being rather than a machine.
Updated December 22, 2021
If the underwriter approves your loan, your loan officer will then collect and prepare the appropriate loan closing documents.
Updated December 20, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Bank Loan Officer Salaries
What is the average of a Bank Loan Officer in Maryland?
The Bank Loan Officer salary range is from $40,975 to $58,319, and the average Bank Loan Officer salary is $50,879/year in Maryland.
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.
