As of April 01, 2026, the average salary for a Loan Manager in the United States is $165,021 per year, which breaks down to an hourly rate of $79.
However, a Loan Manager's salary can vary significantly. Here’s a look at the typical salary range:
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A Loan Manager'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, education and company size can directly affect your earning potential.
Experience is a primary driver of a Loan Manager'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 |
|---|---|
| Commercia... Level Loan Manager | $128,674 |
| Commercia... Level Loan Manager | $161,329 |
| Loan Mana... Level Loan Manager | $162,594 |
| Commercia... Level Loan Manager | $197,120 |
| Commercia... Level Loan Manager | $233,559 |
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 Loan Managers. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Influencing | 5.88% |
| Performance Review | 5.88% |
| Commercial Mortgage | 2.94% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
New Product Development
|
$206,276 |
25%
|
|
Corporate Services
|
$204,626 |
24%
|
|
Fund Administration
|
$181,523 |
10%
|
|
Influencing
|
$178,223 |
8%
|
|
Commercial Mortgage
|
$173,272 |
5%
|
|
Regulatory Compliance
|
$173,272 |
5%
|
Your level of education can impact your salary potential. While many Loan Managers enter the field with a Bachelor's Degree degree, higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data, the median salary for a Loan Manager with a Bachelor's Degree is between $161,807 and $177,090).
Loan Manager Salaries by Degree Level
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 2.0% |
| High School | 2.0% |
| Associates | 4.0% |
| Bachelors | 50.0% |
| Masters | 44.0% |
| Doctorate | 0.0% |
Understanding how a Loan Manager'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 April 01, 2026Salaries for a Loan Manager can change over time, reflecting shifts in market demand and the overall economy. The median salary increased from $111,552 in 2023 to around $112,256 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Manager salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
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|
| 2023 | $111,552 |
| 2024 | $113,049 |
| 2025 | $112,256 |
| 2026 |
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|
| 2027 |
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|
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Compensation PlanningHere are companies hiring for Loan Manager and their salaries, click below for more details.
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