How much does a loan officer make in Saginaw?
$62,740a year
Median yearly pay for loan officers in the Saginaw, MI metro area. That is $30.16 an hour or $5,228 a month.
- Hourly
- $30.16
- Vs. national median
- -18%
- Rank among cities
- 272 of 383
- Jobs in the area
- 140
Pay range
Lowest 10%: $36,640Median: $62,740Highest 10%: $106,500
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $36,640 | $17.62 | |
| 25th | $50,200 | $24.13 | |
| Median | $62,740 | $30.16 | |
| 75th | $78,780 | $37.88 | |
| 90th | $106,500 | $51.20 |
Other cities in Michigan
Median yearly pay for loan officers.
| Ann Arbor, MI | $77,820 |
| Detroit, MI | $76,260 |
| Lansing, MI | $72,890 |
| 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 |
| Muskegon, MI | $62,190 |
| Jackson, MI | $60,540 |
| Battle Creek, MI | $59,640 |
Related jobs in Saginaw
Same field, median yearly pay.
| Project Management Specialist | $94,960 |
| Management Analyst | $91,100 |
| Financial and Investment Analyst | $88,570 |
| Claims Adjuster | $81,830 |
| Labor Relations Specialist | $78,370 |
| Logistician | $77,630 |
| Business Operations Specialist | $77,300 |
| Accountant and Auditor | $76,310 |
| Cost Estimator | $75,940 |
| Personal Financial Advisor | $71,560 |
Frequently asked questions
How much does a loan officer make an hour in Saginaw?
The median hourly pay in the Saginaw, MI metro area is $30.16 ($62,740 a year).
Do loan officers make more in Saginaw than the national average?
No: $62,740 against $76,690 nationally, 18% less.
How does Saginaw compare with the rest of Michigan?
The median in Michigan is $74,470, so Saginaw pays 16% less.
Where does Saginaw rank for loan officer pay?
272 of 383 metro areas with data.
How much does a loan officer make starting out in Saginaw?
The lowest-paid 10% make $36,640 or less a year; the top 10% make $106,500 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.