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Loan Officers Salary in Maryland
Ranked #29 of 51 · MD
Salary Distribution (10th–90th percentile)
About 80% of loan officerss in Maryland earn between $37,470 and $159,860. The blue band is the middle 50% (P25–P75); the dot marks the median.
Compared to the U.S.
The mean loan officers salary in Maryland is $84,190, about 4.1% below the U.S. average ($87,790). That works out to roughly $40/hr at 2,080 hours per year.
Metro Areas in Maryland
| Metro area | Median | Mean | Employment |
|---|---|---|---|
| Baltimore-Columbia-Towson, MD | $68,470 | $79,620 | 1,810 |
| Lexington Park, MD | $64,390 | $84,780 | 70 |
| Hagerstown-Martinsburg, MD-WV | $62,060 | $78,000 | 120 |
| Salisbury, MD | $60,700 | $73,730 | 50 |
| Maryland nonmetropolitan area | $58,810 | $73,180 | 140 |
Frequently Asked Questions
How much do loan officers make in Maryland?
The median loan officers salary in Maryland is $73,580 per year (mean $84,190), and about 80% earn between $37,470 and $159,860.
How much do loan officers make per hour in Maryland?
Roughly $40 per hour, based on a mean annual wage of $84,190 and 2,080 work hours per year.
Is Maryland a high-paying state for loan officers?
Maryland ranks #29 of 51 states for loan officers pay. Its mean salary of $84,190 is about 4.1% below the U.S. average of $87,790.
Which metro areas in Maryland pay loan officers the most?
The highest-paying metro areas in Maryland for loan officers are Baltimore-Columbia-Towson, MD ($68,470), Lexington Park, MD ($64,390), Hagerstown-Martinsburg, MD-WV ($62,060), by median annual wage.