How much does a loan officer make in Canada?
This is the median gross salary: half earn more and half earn less. That is CA$6,044 a month.
- Approx. take-home per month
- CA$4,611
- Equals
- $51,560
- Compared with the median pay in Canada
- 1.1 times
- Data from
- 2025
Where Canada ranks among 143 countries
Each line is a country, on a log scale from $100 to $100,000 a year.
In other countries
Median gross salary a year, in dollars.
| 1. Switzerland estimate | $95,560 |
| 2. Germany | $89,510 |
| 3. Iceland estimate | $77,650 |
| 14. Netherlands estimate | $52,330 |
| 15. Canada | $51,560 |
| 16. Finland estimate | $46,960 |
| 143. Malawi estimate | $415 |
Similar jobs
Technicians and associate professionals
- Finance adviserCA$88,530
- Accounts clerkCA$58,280
- StatisticianCA$60,490
- Loss adjusterCA$72,800
- Insurance sellerCA$68,580
- Sales representativeCA$70,080
- BuyerCA$68,700
- Commodity traderCA$66,210
Frequently asked questions
How much does a loan officer make a month in Canada?
The median gross salary is CA$6,044 a month, CA$72,530 a year.
How much does a loan officer make starting out and with experience?
The lowest-paid 10%, usually people starting out, make around CA$47,120 a year; the top 10%, with experience or senior roles, make more than CA$130,500.
Which country pays a loan officer the most?
Germany, with a median of $89,510 a year before tax, according to our data.
Does a loan officer make more in Canada or in United States?
In United States: $74,440 a year against $51,560 in Canada, 1.4 times more.
Who makes more, a loan officer or a finance adviser?
A finance adviser: CA$88,530 a year against CA$72,530 for a loan officer, 1.2 times more.
Source: Government of Canada (Job Bank, ESDC), wages by occupation 2025. How we calculate