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How much does a loan officer make in Lansing?

$72,890a year

Median yearly pay for loan officers in the Lansing-East Lansing, MI metro area. That is $35.04 an hour or $6,074 a month.

Hourly
$35.04
Vs. national median
-5%
Rank among cities
171 of 383
Jobs in the area
420
Pay range
Lowest 10%: $37,680Median: $72,890Highest 10%: $127,000
PercentileYearlyHourly
10th$37,680$18.12
25th$51,560$24.79
Median$72,890$35.04
75th$100,100$48.10
90th$127,000$61.07

Other cities in Michigan

Median yearly pay for loan officers.

Ann Arbor, MI$77,820
Detroit, MI$76,260
Kalamazoo, MI$72,330
Grand Rapids, MI$71,760
Midland, MI$66,880
Flint, MI$65,050
Niles, MI$64,250
Traverse City, MI$63,820
South Bend, IN$63,130
Saginaw, MI$62,740
Muskegon, MI$62,190
Jackson, MI$60,540
Battle Creek, MI$59,640
Loan Officer salary in Michigan Loan Officer salary in all states

Related jobs in Lansing

Same field, median yearly pay.

Project Management Specialist$97,050
Financial Risk Specialist$96,980
Budget Analyst$96,430
Personal Financial Advisor$86,220
Financial Specialist$83,870
Financial and Investment Analyst$83,420
Business Operations Specialist$82,940
Financial Examiner$81,970
Management Analyst$80,580
Compliance Officer$79,640
Salaries for every job in Lansing, MI

Frequently asked questions

How much does a loan officer make an hour in Lansing?

The median hourly pay in the Lansing-East Lansing, MI metro area is $35.04 ($72,890 a year).

Do loan officers make more in Lansing than the national average?

No: $72,890 against $76,690 nationally, 5% less.

How does Lansing compare with the rest of Michigan?

The median in Michigan is $74,470, so Lansing pays 2% less.

Where does Lansing rank for loan officer pay?

171 of 383 metro areas with data.

How much does a loan officer make starting out in Lansing?

The lowest-paid 10% make $37,680 or less a year; the top 10% make $127,000 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.