Loan Officer salary in Missouri
Loan Officers in Missouri earn a median of $73,660 a year ($35.41 an hour), based on BLS data for 7,050 workers.
Pay ranges from $38,910 for the lowest-paid 10% to $136,130 for the top 10%. That is 4% lower than the national median of $76,690. Missouri ranks 28th of 51 states for loan officers pay. There are 2.4 loan officers per 1,000 jobs here — the job is 1.4× more common than nationally. The average (mean) salary is $82,180, above the median because a few high earners pull it up.
Pay range for loan officers in Missouri
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $38,910 | $18.71 |
| 25th percentile | $51,300 | $24.66 |
| Median | $73,660 | $35.41 |
| 75th percentile | $98,270 | $47.24 |
| 90th percentile (top earners) | $136,130 | $65.45 |
| Average (mean) | $82,180 | $39.51 |
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 | $6,138.33 |
| Semi-monthly (24 a year) | $3,069.17 |
| Biweekly (26 a year) | $2,833.08 |
| Weekly | $1,416.54 |
| Hourly | $35.41 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $73,660 salary, see how much house you can afford in Missouri at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in Missouri
| Metro area | Median salary | Workers |
|---|---|---|
| Kansas City, MO-KS | $82,330 | 2,180 |
| Columbia, MO | $81,850 | 450 |
| Cape Girardeau, MO-IL | $76,400 | 70 |
| Springfield, MO | $76,040 | 480 |
| St. Louis, MO-IL | $74,510 | 2,690 |
| Joplin, MO-KS | $70,170 | 140 |
| Jefferson City, MO | $64,430 | 270 |
| St. Joseph, MO-KS | $63,080 | 80 |
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 |
Related jobs in Missouri
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,590 | $36.82 |
| Personal Financial Advisor | $99,930 | $48.04 |
| Financial and Investment Analysts | $98,420 | $47.32 |
| Financial Specialists, All Other | $75,800 | $36.44 |
| Financial Examiner | $79,990 | $38.46 |
| Tax Examiners and Collectors, and Revenue Agents | $50,250 | $24.16 |
| Insurance Underwriter | $80,040 | $38.48 |
| Property Appraisers and Assessors | $57,380 | $27.59 |
| Tax Preparer | $62,780 | $30.18 |
| Credit Analyst | $65,350 | $31.42 |
| Financial Risk Specialist | $100,620 | $48.38 |
| Budget Analyst | $81,980 | $39.42 |
| Credit Counselor | $30,580 | $14.70 |
| Project Management Specialist | $94,660 | $45.51 |
More: Business and Financial Operations Occupations · all salaries in Missouri
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 Missouri?
The median salary for loan officers in Missouri is $73,660 a year, or $35.41 an hour. Pay ranges from $38,910 for the lowest-paid 10% to $136,130 for the top 10%.
How much do the highest-paid loan officers make in Missouri?
The top 10% of loan officers in Missouri earn at least $136,130 a year. The top 25% earn $98,270 or more.
What is the starting pay for loan officers in Missouri?
Entry-level pay (the 10th percentile) is about $38,910 a year, and a quarter of loan officers earn $51,300 or less.
How many loan officers work in Missouri?
About 7,050 loan officers are employed in Missouri, not counting the self-employed.