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How much does a loan officer make in South Bend?

$63,130a year

Median yearly pay for loan officers in the South Bend-Mishawaka, IN-MI metro area. That is $30.35 an hour or $5,261 a month.

Hourly
$30.35
Vs. national median
-18%
Rank among cities
265 of 383
Jobs in the area
160
Pay range
Lowest 10%: $47,300Median: $63,130Highest 10%: $99,740
PercentileYearlyHourly
10th$47,300$22.74
25th$52,420$25.20
Median$63,130$30.35
75th$80,590$38.75
90th$99,740$47.95

Other cities in Indiana

Median yearly pay for loan officers.

Chicago, IL$80,040
Lafayette, IN$75,980
Cincinnati, OH$75,300
Terre Haute, IN$74,890
Indianapolis, IN$74,790
Elkhart, IN$74,060
Louisville, KY$64,460
Evansville, IN$63,560
Muncie, IN$63,460
Fort Wayne, IN$63,320
Bloomington, IN$62,720
Kokomo, IN$60,780
Michigan City, IN$59,700
Columbus, IN$59,040
Loan Officer salary in Indiana Loan Officer salary in all states

Related jobs in South Bend

Same field, median yearly pay.

Management Analyst$93,620
Project Management Specialist$84,820
Compliance Officer$78,160
Accountant and Auditor$77,940
Financial and Investment Analyst$77,690
Labor Relations Specialist$75,810
Personal Financial Advisor$74,510
Compensation$74,140
Claims Adjuster$73,780
Cost Estimator$71,550
Salaries for every job in South Bend, IN

Frequently asked questions

How much does a loan officer make an hour in South Bend?

The median hourly pay in the South Bend-Mishawaka, IN-MI metro area is $30.35 ($63,130 a year).

Do loan officers make more in South Bend than the national average?

No: $63,130 against $76,690 nationally, 18% less.

How does South Bend compare with the rest of Indiana?

The median in Indiana is $72,960, so South Bend pays 13% less.

Where does South Bend rank for loan officer pay?

265 of 383 metro areas with data.

How much does a loan officer make starting out in South Bend?

The lowest-paid 10% make $47,300 or less a year; the top 10% make $99,740 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.