How much does a loan officer make in Baltimore?
$68,470a year
Median yearly pay for loan officers in the Baltimore-Columbia-Towson, MD metro area. That is $32.92 an hour or $5,706 a month.
- Hourly
- $32.92
- Vs. national median
- -11%
- Rank among cities
- 198 of 383
- Jobs in the area
- 1,810
Pay range
Lowest 10%: $33,610Median: $68,470Highest 10%: $139,700
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $33,610 | $16.16 | |
| 25th | $46,690 | $22.45 | |
| Median | $68,470 | $32.92 | |
| 75th | $97,290 | $46.77 | |
| 90th | $139,700 | $67.16 |
Other cities in Maryland
Median yearly pay for loan officers.
| Washington, DC | $97,800 |
| Philadelphia, PA | $77,590 |
| Lexington Park, MD | $64,390 |
| Hagerstown, MD | $62,060 |
| Salisbury, MD | $60,700 |
Related jobs in Baltimore
Same field, median yearly pay.
| Financial Risk Specialist | $119,700 |
| Management Analyst | $117,800 |
| Project Management Specialist | $103,700 |
| Financial Examiner | $103,500 |
| Logistician | $102,700 |
| Personal Financial Advisor | $98,970 |
| Financial and Investment Analyst | $98,880 |
| Claims Adjuster | $98,700 |
| Business Operations Specialist | $98,060 |
| Budget Analyst | $96,150 |
Frequently asked questions
How much does a loan officer make an hour in Baltimore?
The median hourly pay in the Baltimore-Columbia-Towson, MD metro area is $32.92 ($68,470 a year).
Do loan officers make more in Baltimore than the national average?
No: $68,470 against $76,690 nationally, 11% less.
How does Baltimore compare with the rest of Maryland?
The median in Maryland is $73,580, so Baltimore pays 7% less.
Where does Baltimore rank for loan officer pay?
198 of 383 metro areas with data.
How much does a loan officer make starting out in Baltimore?
The lowest-paid 10% make $33,610 or less a year; the top 10% make $139,700 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.