The average salary for a loan officer in Alaska is around $49,620 per year.
Avg Salary
Loan officers earn an average yearly salary of $49,620.
Wages typically start from $23,200 and go up to $112,650.
14% below national average Updated in 2021
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$54.16 per hour
$112,650 per year
75th percentile
Senior-level loan officer earnings begin at:
$38.61 per hour
$80,300 per year
50th percentile
Mid-level loan officer earnings begin at:
$23.86 per hour
$49,620 per year
25th percentile
Junior-level loan officer earnings begin at:
$14.88 per hour
$30,950 per year
10th percentile
Starting level loan officer earnings begin at:
$11.15 per hour
$23,200 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| New York | $96,430 |
| District of Columbia | $81,170 |
| Massachusetts | $79,570 |
| New Jersey | $78,870 |
| Minnesota | $78,660 |
| Rhode Island | $78,640 |
| Nevada | $78,470 |
| Oregon | $78,300 |
| North Dakota | $77,060 |
| Colorado | $76,920 |
| Kansas | $76,920 |
| New Hampshire | $76,920 |
| Michigan | $76,840 |
| North Carolina | $76,840 |
| Virginia | $76,710 |
| Nebraska | $75,700 |
| Wisconsin | $74,890 |
| Missouri | $74,520 |
| Arkansas | $74,490 |
| Pennsylvania | $65,810 |
| California | $64,390 |
| South Dakota | $63,560 |
| Hawaii | $63,460 |
| Montana | $63,270 |
| Maine | $63,200 |
| Illinois | $63,170 |
| Iowa | $62,650 |
| Maryland | $62,610 |
| Washington | $62,530 |
| Kentucky | $62,320 |
| Ohio | $62,320 |
| Wyoming | $62,160 |
| Georgia | $62,100 |
| Connecticut | $61,850 |
| New Mexico | $61,170 |
| Texas | $61,120 |
| Tennessee | $60,800 |
| Indiana | $60,550 |
| Delaware | $60,140 |
| Florida | $60,110 |
| Oklahoma | $60,110 |
| Vermont | $60,110 |
| Alabama | $53,410 |
| South Carolina | $53,410 |
| Arizona | $52,530 |
| Idaho | $49,920 |
| Louisiana | $49,780 |
| Alaska | $49,620 |
| Utah | $48,300 |
| West Virginia | $48,000 |
| Mississippi | $44,480 |
| Guam | $38,630 |
| Puerto Rico | $30,080 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Alaska. On average, they make less than risk management specialists but more than fundraisers.
| Career | Median Salary |
|---|---|
| Risk management specialist salary | $77K |
| Underwriter salary | $64K |
| Stock trader salary | $50K |
| Securities and commodities broker salary | $50K |
| Market research analyst salary | $63K |
| Loan officer salary | $50K |
| Credit analyst salary | $50K |
| Credit counselor salary | $61K |
| Debt collector salary | $48K |
| Fundraiser salary | $49K |
Source: CareerExplorer (Aggregated)