Loan Officers Salary in Maryland

BLS Occupational Employment & Wage Statistics • May 2025 • Maryland nonmetropolitan area

Median annual salary $57,200 -22.9% vs national
Median hourly $27.50
10th percentile $38,500
90th percentile $124,170
Employed locally 140
National median $74,180

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Loan Officers
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    Salary percentile breakdown

    10th
    $38,500
    25th
    $45,250
    50th (median)
    $57,200
    75th
    $84,100
    90th
    $124,170

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Related occupations in Maryland

    OccupationMedian salary
    Accountants and Auditors$76,290
    Project Management Specialists$87,730
    Business Operations Specialists, All Other$77,160
    Human Resources Specialists$66,850
    Market Research Analysts and Marketing Specialists$59,500
    Compliance Officers$71,110

    Frequently asked questions

    How much do Loan Officers make per hour in Maryland?

    The median hourly wage for Loan Officers in Maryland is $27.50, based on BLS OEWS 2025 data. Top earners (90th percentile) make $60.89 or more per hour.

    Is Maryland above or below average for Loan Officers salaries?

    The median Loan Officers salary in Maryland is 22.9% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Maryland?

    Entry-level Loan Officers (10th percentile) earn around $38,500 per year in Maryland. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $45,250.