Loan Officer salary in Pennsylvania
Loan Officers in Pennsylvania earn a median of $69,300 a year ($33.32 an hour), based on BLS data for 8,140 workers.
Pay ranges from $39,990 for the lowest-paid 10% to $132,900 for the top 10%. That is 10% lower than the national median of $76,690. Pennsylvania ranks 37th of 51 states for loan officers pay. There are 1.3 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.76). The average (mean) salary is $80,450, above the median because a few high earners pull it up.
Pay range for loan officers in Pennsylvania
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $39,990 | $19.23 |
| 25th percentile | $49,150 | $23.63 |
| Median | $69,300 | $33.32 |
| 75th percentile | $99,750 | $47.96 |
| 90th percentile (top earners) | $132,900 | $63.89 |
| Average (mean) | $80,450 | $38.68 |
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 | $5,775 |
| Semi-monthly (24 a year) | $2,887.50 |
| Biweekly (26 a year) | $2,665.38 |
| Weekly | $1,332.69 |
| Hourly | $33.32 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $69,300 salary, see how much house you can afford in Pennsylvania at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in Pennsylvania
| Metro area | Median salary | Workers |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | 4,660 |
| Lancaster, PA | $74,450 | 280 |
| Scranton--Wilkes-Barre, PA | $74,430 | 300 |
| Lebanon, PA | $74,380 | 50 |
| Pittsburgh, PA | $73,360 | 1,440 |
| Johnstown, PA | $68,820 | 70 |
| Harrisburg-Carlisle, PA | $66,500 | 450 |
| Allentown-Bethlehem-Easton, PA-NJ | $66,480 | 290 |
| Chambersburg, PA | $62,770 | 80 |
| Reading, PA | $62,630 | 180 |
| Altoona, PA | $62,150 | 90 |
| York-Hanover, PA | $62,030 | 130 |
| Williamsport, PA | $60,600 | 70 |
| State College, PA | $59,540 | 50 |
| Erie, PA | $54,530 | 130 |
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 Pennsylvania
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $79,000 | $37.98 |
| Financial and Investment Analysts | $84,460 | $40.61 |
| Personal Financial Advisor | $105,200 | $50.58 |
| Insurance Underwriter | $78,950 | $37.96 |
| Financial Specialists, All Other | $78,610 | $37.79 |
| Tax Examiners and Collectors, and Revenue Agents | $56,870 | $27.34 |
| Financial Examiner | $78,500 | $37.74 |
| Financial Risk Specialist | $103,040 | $49.54 |
| Tax Preparer | $61,270 | $29.46 |
| Credit Analyst | $80,280 | $38.59 |
| Budget Analyst | $84,240 | $40.50 |
| Property Appraisers and Assessors | $57,920 | $27.85 |
| Credit Counselor | $58,330 | $28.04 |
| Human Resources Specialist | $70,450 | $33.87 |
More: Business and Financial Operations Occupations · all salaries in Pennsylvania
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 Pennsylvania?
The median salary for loan officers in Pennsylvania is $69,300 a year, or $33.32 an hour. Pay ranges from $39,990 for the lowest-paid 10% to $132,900 for the top 10%.
How much do the highest-paid loan officers make in Pennsylvania?
The top 10% of loan officers in Pennsylvania earn at least $132,900 a year. The top 25% earn $99,750 or more.
What is the starting pay for loan officers in Pennsylvania?
Entry-level pay (the 10th percentile) is about $39,990 a year, and a quarter of loan officers earn $49,150 or less.
How many loan officers work in Pennsylvania?
About 8,140 loan officers are employed in Pennsylvania, not counting the self-employed.