Mortgage Loan Officer Salary in 2026
Mortgage loan officers help borrowers find and secure home loans, evaluating financial qualifications, recommending products, and guiding clients through the lending process.
Median Salary
$66,000
$5,500/mo
Entry Level
$40,000
starting pay
Senior Level
$96,000
experienced
Job Growth
+3%
10-yr outlook
Mortgage Loan Officer Overview
Mortgage loan officers help borrowers find and secure home loans, evaluating financial qualifications, recommending products, and guiding clients through the lending process.
Education
Bachelor's Degree
Experience
0-2 years
Industry
Finance
Total Jobs (US)
330K
5-Year Growth
+15%
Category
Finance
Hourly Rate
$31.73/hr
Monthly Pay
$5,500
Mortgage Loan Officer Salary Calculator
Adjust your state and experience level to see the estimated Mortgage Loan Officer salary in your area.
Mid Career (5-9 yrs)
Estimated Mortgage Loan Officer Salary
$77,000
$6,417/month · $2,962/biweekly · $37.02/hr
Mortgage Loan Officer Salary Range
Salary distribution from entry-level to top earners in the Mortgage Loan Officer field.
Entry-level Mortgage Loan Officers earn around $40,000, while the top 10% earn $115,500 or more.
Top Paying States for Mortgage Loan Officers
| State | Est. Median Salary | vs National |
|---|---|---|
| California | $78,000 | +$12,000 |
| New York | $76,000 | +$10,000 |
| Virginia | $70,000 | +$4,000 |
| Texas | $65,000 | $-1,000 |
| Florida | $65,000 | $-1,000 |
Top Paying Cities for Mortgage Loan Officers
| City | Est. Median Salary | vs National |
|---|---|---|
| New York | $78,000 | +$12,000 |
| Washington DC | $76,000 | +$10,000 |
| Los Angeles | $74,000 | +$8,000 |
| Miami | $67,000 | +$1,000 |
| Houston | $65,000 | $-1,000 |
Required Skills & Certifications
Key Skills
Certifications
Mortgage Loan Officer Career Progression
Typical salary growth path for a Mortgage Loan Officer from entry level to expert.
$40,000
0-2 years
$68,000
3-7 years
$96,000
8-14 years
$135,000
15+ years
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Mortgage Loan Officer Salary FAQ
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