How much does a loan advisor make?

A loan advisor is a loan officer under another title; some lenders call these staff members "advisors" or "specialists." Median pay for loan officers was $76,690 per year in May 2025, according to the U.S. Bureau of Labor Statistics (BLS), with the lowest 10% earning under $39,430 and the highest 10% earning more than $153,180. Some loan officers receive a flat salary, while others earn base pay plus commission per loan closed.

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