Loan Officer salary in Raleigh-Cary, NC

Loan Officers in the Raleigh-Cary, NC metro area earn a median of $77,330 a year ($37.18 an hour), based on BLS data for 1,560 workers.

Median salary
$77,330
Hourly
$37.18
Average
$85,830
Top 10% earn
$127,300
Workers
1,560

Pay ranges from $48,320 for the lowest-paid 10% to $127,300 for the top 10%. That is 1% higher than the national median of $76,690. Pay here is 2% higher than the North Carolina statewide median of $75,920. There are 2.1 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $85,830, above the median because a few high earners pull it up.

Pay range for loan officers in Raleigh-Cary, NC

$0$170,000
Pay levelYearlyHourly
10th percentile (entry level)$48,320$23.23
25th percentile$61,440$29.54
Median$77,330$37.18
75th percentile$99,030$47.61
90th percentile (top earners)$127,300$61.20
Average (mean)$85,830$41.27

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 periodAmount
Monthly$6,444.17
Semi-monthly (24 a year)$3,222.08
Biweekly (26 a year)$2,974.23
Weekly$1,487.12
Hourly$37.18

Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.

Buying a home? On a $77,330 salary, see how much house you can afford in North Carolina at today's mortgage rates, or work out a payment with the mortgage calculator.

Loan Officer salary in other metro areas nearby

Highest-paying states for loan officers

StateMedian 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 North Carolina statewide figures.

Related jobs in Raleigh-Cary, NC

More: Business and Financial Operations Occupations · all salaries in Raleigh-Cary, NC

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 Raleigh-Cary, NC?

The median salary for loan officers in the Raleigh-Cary, NC metro area is $77,330 a year, or $37.18 an hour. Pay ranges from $48,320 for the lowest-paid 10% to $127,300 for the top 10%.

How much do the highest-paid loan officers make in Raleigh-Cary, NC?

The top 10% of loan officers in the Raleigh-Cary, NC metro area earn at least $127,300 a year. The top 25% earn $99,030 or more.

What is the starting pay for loan officers in Raleigh-Cary, NC?

Entry-level pay (the 10th percentile) is about $48,320 a year, and a quarter of loan officers earn $61,440 or less.

How many loan officers work in Raleigh-Cary, NC?

About 1,560 loan officers are employed in the Raleigh-Cary, NC metro area, not counting the self-employed.