How much does a loan officer make in Des Moines?
$101,200a year
Median yearly pay for loan officers in the Des Moines-West Des Moines, IA metro area. That is $48.65 an hour or $8,433 a month.
- Hourly
- $48.65
- Vs. national median
- +32%
- Rank among cities
- 7 of 383
- Jobs in the area
- 650
Pay range
Lowest 10%: $55,960Median: $101,200Highest 10%: $163,900
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $55,960 | $26.90 | |
| 25th | $73,510 | $35.34 | |
| Median | $101,200 | $48.65 | |
| 75th | $126,000 | $60.57 | |
| 90th | $163,900 | $78.80 |
Other cities in Iowa
Median yearly pay for loan officers.
| Iowa City, IA | $98,630 |
| Cedar Rapids, IA | $85,990 |
| Ames, IA | $84,470 |
| Sioux City, IA | $81,780 |
| Omaha, NE | $80,300 |
| Dubuque, IA | $76,170 |
| Davenport, IA | $75,380 |
| Waterloo, IA | $72,990 |
Related jobs in Des Moines
Same field, median yearly pay.
| Financial Risk Specialist | $108,100 |
| Project Management Specialist | $101,200 |
| Financial and Investment Analyst | $98,490 |
| Personal Financial Advisor | $94,270 |
| Property Appraiser and Assessor | $92,370 |
| Budget Analyst | $91,920 |
| Management Analyst | $90,730 |
| Business Operations Specialist | $86,540 |
| Financial Examiner | $85,450 |
| Compliance Officer | $84,590 |
Frequently asked questions
How much does a loan officer make an hour in Des Moines?
The median hourly pay in the Des Moines-West Des Moines, IA metro area is $48.65 ($101,200 a year).
Do loan officers make more in Des Moines than the national average?
Yes: $101,200 against $76,690 nationally, 32% more.
How does Des Moines compare with the rest of Iowa?
The median in Iowa is $83,670, so Des Moines pays 21% more.
Where does Des Moines rank for loan officer pay?
7 of 383 metro areas with data.
How much does a loan officer make starting out in Des Moines?
The lowest-paid 10% make $55,960 or less a year; the top 10% make $163,900 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.