Loan Originator Salary in Madison, Wisconsin

How much does a Loan Originator make in Madison, WI?

As of April 01, 2025, the average annual salary for a Loan Originator in Madison, WI is $45,702. According to Salary.com, salaries can range from a low of $37,575 to a high of $57,120, with most professionals earning between $41,448 and $51,679.

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Salary range for a Loan Originator

$41,448 to $51,679

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Loan Originator

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Job Openings for Loan Originator in Madison, WI

What does a Loan Originator do?

Common responsibilities of a Loan Originator

Reviews information by examining application and documentation, reviewing credit worthiness, calculating repayment risk from information and documentation received from the borrowers.

April 03, 2023

Develop and implement sales strategies to establish relationships with non-borrower referral sources (realtors, builders, C.

April 05, 2023

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Loan Originator Salary By Experience Levels in Madison, WI

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Loan Originator Salary By Level of Education in Madison, WI

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Loan Originator in Madison, WI

Average Base Salary

Core compensation

41448

51679

45702

Average Total Cash Compensation

Includes base and annual incentives

42854

54272

47626

What is the average salary for Loan Originator in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Originator in Madison, WI. The base salary for Loan Originator ranges from $41,448 to $51,679 with the average base salary of $45,702. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $42,854 to $54,272 with the average total cash compensation of $47,626.

View Average Salary for Loan Originator as table

	Average Salary	Average Salary Range
Base Salary	$45,702	$41,448 - $51,679
Bonus	$1,924	$1,406 - $2,594
Total Pay	$47,626	$42,854 - $54,272

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Loan Originator Salary Near Madison, WI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Madison, WI
CITY, STATE Janesville, WI	AVERAGE SALARY RANGE $40,628 - $50,656	COMPARE TO Madison, WI
CITY, STATE Rockford, IL	AVERAGE SALARY RANGE $40,522 - $50,525	COMPARE TO Madison, WI
CITY, STATE Waukesha, WI	AVERAGE SALARY RANGE $41,961 - $52,318	COMPARE TO Madison, WI
CITY, STATE Milwaukee, WI	AVERAGE SALARY RANGE $42,117 - $52,513	COMPARE TO Madison, WI
CITY, STATE Oshkosh, WI	AVERAGE SALARY RANGE $40,337 - $50,294	COMPARE TO Madison, WI
CITY, STATE Dubuque, IA	AVERAGE SALARY RANGE $39,710 - $49,512	COMPARE TO Madison, WI

See salaries for Loan Originator in locations close to Madison, WI. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Madison, Wisconsin

Madison is located in the center of Dane County in south-central Wisconsin, 77 miles (124 km) west of Milwaukee and 122 miles (196 km) northwest of Chicago. The city completely surrounds the smaller Town of Madison, the City of Monona, and the villages of Maple Bluff and Shorewood Hills. Madison shares borders with its largest suburb, Sun Prairie, and three other suburbs, Middleton, McFarland, and Fitchburg. Other suburbs include the city of Verona and the villages of Cottage Grove, DeForest, and Waunakee as well as Mount Horeb, Oregon, Stoughton, and Cross Plains among others. According to th...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Loan Originator in Madison, WI

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JOB TITLE Loan Originator Assistant	LOCATION Madison, WI	MINIMUM SALARY $42,799	MAXIMUM SALARY $52,596
JOB TITLE Mortgage Loan Originator	LOCATION Madison, WI	MINIMUM SALARY $43,058	MAXIMUM SALARY $58,290
JOB TITLE Senior Loan Originator	LOCATION Madison, WI	MINIMUM SALARY $79,150	MAXIMUM SALARY $111,239
JOB TITLE Commercial Loan Originator	LOCATION Madison, WI	MINIMUM SALARY $44,999	MAXIMUM SALARY $52,428
JOB TITLE Residential Mortgage Loan Originator	LOCATION Madison, WI	MINIMUM SALARY $58,260	MAXIMUM SALARY $78,993
JOB TITLE Senior Mortgage Loan Originator	LOCATION Madison, WI	MINIMUM SALARY $44,274	MAXIMUM SALARY $55,513

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