Loan Officer Salary in Maryland
Explore loan officer salaries in Maryland including median pay, entry-level and senior compensation, and how it compares to the national average.
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $50,973 | $86,654 | $122,335 |
| Monthly | $4,248 | $7,221 | $10,195 |
| Biweekly | $1,961 | $3,333 | $4,705 |
| Weekly | $980 | $1,666 | $2,353 |
| Hourly | $25 | $42 | $59 |
MD vs National Comparison
About This Career
Evaluate loan applications and manage lending relationships with clients.
Education
Bachelor's degree in Finance or related field
Key Skills
Compare Jobs
Compare salaries for other business & finance jobs in Maryland:
Explore Related Data for a Loan Officer in Maryland
Dig into every angle of a loan officer salary ($86,654 median) in Maryland — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.
Take-home pay on $86,654 in Maryland
Federal, state, Social Security, and Medicare — what you keep after taxes.
What you can afford on $86,654 in Maryland
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $86,654 in Maryland
Exactly which federal and state brackets your salary crosses.
$350,000 mortgage in Maryland
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $90,000
Savings benchmarks and projections for your income level.
Loan Officer salary in Baltimore
Drill down to city-level salary data for Baltimore, Maryland.
Frequently Asked Questions
What is the median loan officer salary in Maryland?
The median loan officer salary in Maryland is $86,654, compared to a national median of $77,370.
What is the entry-level loan officer salary in Maryland?
Entry-level loan officer positions in Maryland typically pay around $50,973 annually.
What is the senior loan officer salary in Maryland?
Senior loan officer professionals in Maryland earn around $122,335 annually.
What is the job growth outlook for loan officer?
The projected 10-year job growth outlook for loan officer positions is 16%, which indicates strong demand in this field.
What education is needed to become a loan officer?
Bachelor's degree in Finance or related field