The salary statistics and trend of loan officers in the industry of agencies, brokerages, and other insurance related activities are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $41,480 |
| 25th Percentile Wage | $55,100 |
| 50th Percentile Wage | $63,730 |
| 75th Percentile Wage | $95,810 |
| 90th Percentile Wage | $141,710 |
Table 1 shows the average annual salaries for loan officers in the industry of agencies, brokerages, and other insurance related activities. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) loan officers is $141,710. The median annual salary (50th percentile) is $63,730. The average annual salary for the bottom 10 percent loan officers is $41,480.
The table and chart below show the trend of the median salary of loan officers in the industry of Agencies, Brokerages, and Other Insurance Related Activities from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $63,730 | 6.23% | 13.29% |
| 2016 | $59,760 | -2.96% | - |
| 2015 | $61,530 | -13.62% | - |
| 2014 | $69,910 | 19.05% | - |
| 2013 | $56,590 | 2.35% | - |
| 2012 | $55,260 | - | - |
The average salaries of loan officers in 19 industries within the finance and insurance sector are shown in Table 3. For salary information of loan officers in a specific industry, use the links in the table.
Back to: Salary of loan officers in the industry sector of finance and insurance.