Loan Officer Salary in North Dakota
The median loan officer salary in North Dakota is $59,166 per year, which is 10% below the national median of $65,740.
Loan Officer Salary Overview in North Dakota (2026)
North Dakota ranks #37 out of 50 states for loan officer compensation. Loan Officer salaries in North Dakota are below the national median, though the lower cost of living can offset the difference. At $59,166 per year, loan officers in North Dakota earn $6,574 less than the national median of $65,740.
A key advantage of working in North Dakota is its below-average cost of living (90% of the national index). This means the $59,166 salary has the purchasing power of roughly $65,740 in an average-cost area.
The salary spread in North Dakota is significant: loan officers at the 10th percentile earn $31,680, while those at the 90th percentile bring home $138,420 — a $106,740 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in North Dakota for this role is Fargo, where the median reaches $61,796.
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.
Loan Officer Salary in North Dakota by Experience
In North Dakota, an entry-level loan officer earns around $34,200, while experienced professionals earn up to $117,000 per year. The cost of living index in North Dakota is 90% of the national average.
Save More on Student Loans
Earning $59,166? You may qualify for student loan refinancing rates as low as 4.49% — potentially saving $14,000+ over the life of your loan.
Check Your Rate — No Credit Impact →Salary Percentiles in North Dakota
| Percentile | ND Salary |
|---|---|
| 10th Percentile | $31,680 |
| 25th Percentile | $40,860 |
| Median (50th) | $59,166 |
| 75th Percentile | $90,000 |
| 90th Percentile | $138,420 |
Loan Officer Salary by City in North Dakota
The largest employment areas for loan officers in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in North Dakota
Education
Most loan officer positions require a bachelor's degree. North Dakota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in North Dakota
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). North Dakota's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $57,834 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Loan Officer Roles in North Dakota?
Get matched with recruiters hiring loan officers in North Dakota at competitive salaries.
Or browse positions directly: