Loan Officer salary in Montana
Loan Officers in Montana earn a median of $71,570 a year ($34.41 an hour), based on BLS data for 1,180 workers.
Pay ranges from $48,130 for the lowest-paid 10% to $123,130 for the top 10%. That is 7% lower than the national median of $76,690. Montana ranks 33rd of 51 states for loan officers pay. There are 2.3 loan officers per 1,000 jobs here — the job is 1.3× more common than nationally. The average (mean) salary is $77,390, above the median because a few high earners pull it up.
Pay range for loan officers in Montana
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $48,130 | $23.14 |
| 25th percentile | $55,830 | $26.84 |
| Median | $71,570 | $34.41 |
| 75th percentile | $96,100 | $46.20 |
| 90th percentile (top earners) | $123,130 | $59.20 |
| Average (mean) | $77,390 | $37.21 |
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 | $5,964.17 |
| Semi-monthly (24 a year) | $2,982.08 |
| Biweekly (26 a year) | $2,752.69 |
| Weekly | $1,376.35 |
| Hourly | $34.41 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $71,570 salary, see how much house you can afford in Montana at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in Montana
| Metro area | Median salary | Workers |
|---|---|---|
| Bozeman, MT | $78,270 | 110 |
| Missoula, MT | $72,550 | 190 |
| Helena, MT | $64,740 | 140 |
| Great Falls, MT | $63,460 | 70 |
| Billings, MT | $61,350 | 210 |
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 Montana
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,810 | $36.45 |
| Financial and Investment Analysts | $99,190 | $47.69 |
| Budget Analyst | $79,700 | $38.32 |
| Tax Preparer | $63,080 | $30.33 |
| Financial Specialists, All Other | $76,350 | $36.71 |
| Property Appraisers and Assessors | $62,250 | $29.93 |
| Credit Analyst | $74,650 | $35.89 |
| Financial Examiner | $80,970 | $38.93 |
| Insurance Underwriter | $63,140 | $30.36 |
| Tax Examiners and Collectors, and Revenue Agents | $63,610 | $30.58 |
| Financial Risk Specialist | $100,920 | $48.52 |
| Personal Financial Advisor | $97,450 | $46.85 |
| Business Operations Specialists, All Other | $74,990 | $36.05 |
| Project Management Specialist | $87,890 | $42.25 |
More: Business and Financial Operations Occupations · all salaries in Montana
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 Montana?
The median salary for loan officers in Montana is $71,570 a year, or $34.41 an hour. Pay ranges from $48,130 for the lowest-paid 10% to $123,130 for the top 10%.
How much do the highest-paid loan officers make in Montana?
The top 10% of loan officers in Montana earn at least $123,130 a year. The top 25% earn $96,100 or more.
What is the starting pay for loan officers in Montana?
Entry-level pay (the 10th percentile) is about $48,130 a year, and a quarter of loan officers earn $55,830 or less.
How many loan officers work in Montana?
About 1,180 loan officers are employed in Montana, not counting the self-employed.