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Loan Officers Salary in Alabama
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Alabama?
Last updated: 2025 data from the Bureau of Labor Statistics
$66,710
Median Annual Salary
▲
+9.8% vs 2024
$83,410
Mean Salary
$66,710
Median Salary
$32.07
Hourly Rate
5,050 people work as Loan Officers in Alabama
Loan Officers salary by percentile in Alabama
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Alabama earn a median salary of $66,710 per year ($5,559/month).
This is 12.6% below the national average of $76,354.
Alabama ranks #39 out of 51 states for Loan Officers pay.
Approximately 5,050 people work in this occupation across Alabama.
Salaries increased by 9.8% compared to 2024.
About This Job: Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Top Skills
Active Listening
4.0
Speaking
4.0
Reading Comprehension
3.88
Judgment and Decision Making
3.88
Critical Thinking
3.75
Key Knowledge Areas
Customer and Personal Service
4.7
Economics and Accounting
3.86
English Language
3.77
Mathematics
3.69
Sales and Marketing
3.47
Typical Education: Bachelor's Degree
(68.7% of workers)
Salaries for Loan Officers in Alabama range from $42,090 at the 10th percentile (entry level) to $155,660 at the 90th percentile (experienced). The middle 50% earn between $49,470 and $102,990.
The median annual salary for Loan Officers in Alabama is $66,710 as of 2025. The average (mean) salary is $83,410.
What is the salary range for a Loan Officers in Alabama?
Salaries for Loan Officers in Alabama range from $42,090 at the 10th percentile to $155,660 at the 90th percentile. The middle 50% earn between $49,470 and $102,990.
What is the starting salary for a Loan Officers in Alabama?
Entry-level Loan Officers positions in Alabama typically start around $42,090 (10th percentile). With some experience, salaries rise to $49,470 (25th percentile).
How many people work as Loan Officers in Alabama?
According to 2025 BLS data, approximately 5,050 people are employed as Loan Officers in Alabama.
What is the hourly rate for a Loan Officers in Alabama?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Alabama is approximately $32.07 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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