Business & Finance Pennsylvania (PA) Rank #18 of 50

Loan Officer Salary in Pennsylvania

The median loan officer salary in Pennsylvania is $65,740 per year, which is 0.0% above the national median of $65,740.

Median Salary
$65,740
vs National
+$0
State Rank
#18 of 50
Cost of Living
96%

Loan Officer Salary Overview in Pennsylvania (2026)

Pennsylvania ranks #18 out of 50 states for loan officer compensation. Pennsylvania falls in the middle of the pack for loan officer pay, offering salaries near the national average. At $65,740 per year, loan officers in Pennsylvania earn $0 more than the national median of $65,740.

Pennsylvania's cost of living is near the national average at 96%, meaning loan officer salaries here translate closely to their face value in purchasing power.

The salary spread in Pennsylvania is significant: loan officers at the 10th percentile earn $35,200, while those at the 90th percentile bring home $153,800 — a $118,600 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Pennsylvania for this role is Philadelphia, where the median reaches $69,684.

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 Pennsylvania by Experience

In Pennsylvania, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The cost of living index in Pennsylvania is 96% of the national average.

Entry Level (0-2 yrs)
$38,000
+$0 vs national
Mid Level (3-7 yrs)
$66,000
+$0 vs national
Senior Level (8+ yrs)
$130,000
+$0 vs national

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Salary Percentiles in Pennsylvania

Percentile PA Salary
10th Percentile $35,200
25th Percentile $45,400
Median (50th) $65,740
75th Percentile $100,000
90th Percentile $153,800

Loan Officer Salary by City in Pennsylvania

The largest employment areas for loan officers in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries vary by city based on local cost of living and demand.

How to Become a Loan Officer in Pennsylvania

Education

Most loan officer positions require a bachelor's degree. Pennsylvania has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in Pennsylvania

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Pennsylvania's demand may vary based on local industry trends.

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Frequently Asked Questions: Loan Officer Salary in Pennsylvania

How much does a Loan Officer make in Pennsylvania? ▼
The median loan officer salary in Pennsylvania is $65,740 per year, which is 0.0% above the national median of $65,740. Salaries range from $35,200 (10th percentile) to $153,800 (90th percentile).
How much does a Loan Officer make per hour in Pennsylvania? ▼
Based on the median annual salary of $65,740, a loan officer in Pennsylvania earns approximately $32 per hour assuming a standard 2,080-hour work year.
Is Pennsylvania a good state for loan officers? ▼
Pennsylvania ranks #18 out of 50 states for loan officer pay. The cost of living index is 96% of the national average. Entry-level loan officers earn $38,000, while senior professionals earn $130,000.
How does Pennsylvania compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. Pennsylvania's median of $65,740 ranks #18 nationally. Nearby-ranked states include Illinois ($66,397) and Vermont ($66,397).
What is the entry-level loan officer salary in Pennsylvania? ▼
An entry-level loan officer in Pennsylvania earns approximately $38,000 per year. With 3-7 years of experience, pay increases to around $66,000. Senior-level professionals with 8+ years earn up to $130,000.
What city in Pennsylvania pays loan officers the most? ▼
Philadelphia is the highest paying city in Pennsylvania for loan officers, with a median salary of $69,684. Other cities include Pittsburgh and Allentown.