The average salary for a loan officer in Montana is around $71,570 per year.
Avg Salary
Loan officers earn an average yearly salary of $71,570.
Wages typically start from $48,130 and go up to $123,130.
17% above national average Updated in 2025
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$59.20 per hour
$123,130 per year
75th percentile
Senior-level loan officer earnings begin at:
$46.20 per hour
$96,100 per year
50th percentile
Mid-level loan officer earnings begin at:
$34.41 per hour
$71,570 per year
25th percentile
Junior-level loan officer earnings begin at:
$26.84 per hour
$55,830 per year
10th percentile
Starting level loan officer earnings begin at:
$23.14 per hour
$48,130 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
| North Dakota | $84,650 |
| Iowa | $83,670 |
| Delaware | $83,130 |
| Maine | $81,900 |
| California | $81,770 |
| New Hampshire | $80,660 |
| Washington | $80,120 |
| South Dakota | $79,920 |
| Nebraska | $79,840 |
| Wyoming | $79,620 |
| Illinois | $79,150 |
| Virginia | $78,320 |
| Wisconsin | $78,290 |
| Rhode Island | $77,250 |
| Ohio | $76,370 |
| North Carolina | $75,920 |
| Michigan | $74,470 |
| Missouri | $73,660 |
| Maryland | $73,580 |
| Oklahoma | $72,990 |
| Indiana | $72,960 |
| Alaska | $72,800 |
| Montana | $71,570 |
| Florida | $71,090 |
| Idaho | $71,070 |
| Arkansas | $70,260 |
| Pennsylvania | $69,300 |
| Georgia | $68,490 |
| Alabama | $66,710 |
| Texas | $66,370 |
| Nevada | $64,500 |
| Hawaii | $63,740 |
| South Carolina | $63,220 |
| Tennessee | $62,800 |
| New Mexico | $62,610 |
| Arizona | $62,160 |
| Kentucky | $62,090 |
| Louisiana | $61,110 |
| Mississippi | $60,260 |
| Utah | $59,440 |
| West Virginia | $57,580 |
| Guam | $45,840 |
| Puerto Rico | $29,150 |
| Massachusetts | $101,600 |
How do loan officer salaries compare to similar careers?
Loan officers earn 6% more than similar careers in Montana. On average, they make less than financial quantitative analysts but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Financial quantitative analyst salary | $76K |
| Fraud analyst salary | $76K |
| Budget analyst salary | $80K |
| Operations research analyst salary | $80K |
| Cost estimator salary | $77K |
| Loan officer salary | $72K |
| Revenue agent salary | $64K |
| Tax preparer salary | $63K |
| Social fundraiser salary | $61K |
| Bookkeeper salary | $47K |
Source: CareerExplorer (Aggregated)