Business & Finance Great Falls, MT Pop. 60,442

Loan Officer Salary in Great Falls, Montana

The median loan officer salary in Great Falls, MT is $57,851 per year, which is 12% below the national median and 7.4% below the Montana state average.

City Median
$57,851
vs State Avg
$-4,602
vs National
$-7,889
Cost of Living
88%

Loan Officer Pay in Great Falls: What to Expect (2026)

Great Falls offers a median loan officer salary of $57,851, which is $4,602 below the Montana state average of $62,453. Compared to the national median of $65,740, Great Falls pays below the national benchmark for this role.

One of Great Falls's biggest advantages is its low cost of living at 88% of the national average. This means the $57,851 salary stretches further here — equivalent to roughly $65,740 in an average-cost city. This makes Great Falls an attractive option for loan officers seeking strong real-dollar compensation.

The salary range for loan officers in Great Falls spans from $30,976 at the 10th percentile to $135,344 at the 90th percentile — a $104,368 spread. Entry-level professionals start around $33,440, while senior loan officers with 8+ years of experience can earn up to $114,400. Great Falls is a smaller market (pop. 60,442), which may mean fewer openings but also less competition for available positions.

Loan Officer Salary in Great Falls by Experience

In Great Falls, an entry-level loan officer earns around $33,440, while experienced professionals earn up to $114,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$58,080
$-7,920 vs national
Senior Level (8+ yrs)
$114,400
$-15,600 vs national

Salary Percentiles in Great Falls, MT

Percentile Great Falls
10th Percentile $30,976
25th Percentile $39,952
Median (50th) $57,851
75th Percentile $88,000
90th Percentile $135,344

Loan Officer Salary in Other Montana Cities

Bozeman, MT
$75,601
Pop. 53,293
Missoula, MT
$67,055
Pop. 75,516
Billings, MT
$63,110
Pop. 117,116
Helena, MT
$61,796
Pop. 32,315

How to Become a Loan Officer in Great Falls

Education

Most loan officer positions require a bachelor's degree. Great Falls and the surrounding Montana area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Great Falls may vary based on local industry and population growth.

Find Loan Officer Jobs in Great Falls

Browse open loan officer positions in Great Falls, MT:

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Frequently Asked Questions: Loan Officer Salary in Great Falls

How much does a Loan Officer make in Great Falls, MT? ▼
The median loan officer salary in Great Falls, Montana is $57,851 per year, which is 12% below the national median of $65,740. Salaries range from $30,976 (10th percentile) to $135,344 (90th percentile).
How much does a Loan Officer make per hour in Great Falls? ▼
Based on the median annual salary of $57,851, a loan officer in Great Falls earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Great Falls compare to the Montana state average for loan officer pay? ▼
Great Falls's median loan officer salary of $57,851 is 7.4% below the Montana state average of $62,453. The local cost of living index is 88% of the national average.
What is the cost of living in Great Falls, MT? ▼
Great Falls has a cost of living index of 88% compared to the national average. This means a loan officer salary of $57,851 in Great Falls has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Great Falls? ▼
Most loan officer positions in Great Falls require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.