How much does a loan officer make at a bank?

Loan officers at banks and other institutions earned a median of $76,690 per year as of May 2025, according to the Bureau of Labor Statistics (BLS). Large banks typically pay a base salary plus a bonus tied to the loan amount, and federal law prohibits commissions from varying based on the terms of the mortgage. Overall, the lowest 10% of loan officers earned less than $39,430 and the highest 10% earned more than $153,180.

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