How much does a bank lending officer make?

The Bureau of Labor Statistics reports a median annual wage of $76,690 for loan officers as of May 2025, with the lowest 10% earning less than $39,430 and the highest 10% earning more than $153,180. Bank-employed loan officers commonly receive a base salary, sometimes with a bonus or commission tied to loans closed, while loan officers at mortgage banks and brokers are more often paid on commission.

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