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Loan Officer Salary in Baltimore, MD

Updated

The median loan officer in the Baltimore area earns $68,470 a year ($32.92 an hour), 11% below the U.S. median ($76,690) and 7% below the Maryland median ($73,580). Half of the 1,810 loan officers there earn between $46,690 and $97,290.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: Baltimore-Columbia-Towson, MD.
Annual payBaltimore areaMarylandU.S.
10th percentile$33,610$37,470$39,430
25th percentile$46,690$49,990$52,730
Median$68,470$73,580$76,690
75th percentile$97,290$99,220$104,080
90th percentile$139,700$159,860$153,180
Average$79,620$84,190$87,790
Jobs1,8103,850274,330

Baltimore, MD ranks 36th of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.