Loan Officer salary in Fairbanks-College, AK
Loan Officers in the Fairbanks-College, AK metro area earn a median of $64,990 a year ($31.25 an hour), based on BLS data for 50 workers.
Pay ranges from $27,030 for the lowest-paid 10% to $103,660 for the top 10%. That is 15% lower than the national median of $76,690. Pay here is 11% lower than the Alaska statewide median of $72,800. There are 1.4 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $66,700, above the median because a few high earners pull it up.
Pay range for loan officers in Fairbanks-College, AK
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $27,030 | $13.00 |
| 25th percentile | $45,740 | $21.99 |
| Median | $64,990 | $31.25 |
| 75th percentile | $75,690 | $36.39 |
| 90th percentile (top earners) | $103,660 | $49.84 |
| Average (mean) | $66,700 | $32.07 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,415.83 |
| Semi-monthly (24 a year) | $2,707.92 |
| Biweekly (26 a year) | $2,499.62 |
| Weekly | $1,249.81 |
| Hourly | $31.25 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $64,990 salary, see how much house you can afford in Alaska at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Anchorage, AK | $72,800 | 370 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Alaska statewide figures.
Related jobs in Fairbanks-College, AK
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,500 | $39.66 |
| Budget Analyst | $86,380 | $41.53 |
| Personal Financial Advisor | $62,430 | $30.01 |
| Business Operations Specialists, All Other | $94,740 | $45.55 |
| Project Management Specialist | $103,530 | $49.78 |
| Human Resources Specialist | $77,760 | $37.38 |
| Buyers and Purchasing Agents | $79,680 | $38.31 |
| Logistician | $94,740 | $45.55 |
| Compliance Officer | $92,970 | $44.70 |
| Management Analyst | $106,870 | $51.38 |
| Training and Development Specialists | $70,870 | $34.07 |
| Market Research Analysts and Marketing Specialists | $56,920 | $27.37 |
| Fundraiser | $70,860 | $34.07 |
More: Business and Financial Operations Occupations · all salaries in Fairbanks-College, AK
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Fairbanks-College, AK?
The median salary for loan officers in the Fairbanks-College, AK metro area is $64,990 a year, or $31.25 an hour. Pay ranges from $27,030 for the lowest-paid 10% to $103,660 for the top 10%.
How much do the highest-paid loan officers make in Fairbanks-College, AK?
The top 10% of loan officers in the Fairbanks-College, AK metro area earn at least $103,660 a year. The top 25% earn $75,690 or more.
What is the starting pay for loan officers in Fairbanks-College, AK?
Entry-level pay (the 10th percentile) is about $27,030 a year, and a quarter of loan officers earn $45,740 or less.
How many loan officers work in Fairbanks-College, AK?
About 50 loan officers are employed in the Fairbanks-College, AK metro area, not counting the self-employed.