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Loan Officers Salary in Montana
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Montana?
Last updated: 2025 data from the Bureau of Labor Statistics
$71,570
Median Annual Salary
▲
+8.5% vs 2024
$77,390
Mean Salary
$71,570
Median Salary
$34.41
Hourly Rate
1,180 people work as Loan Officers in Montana
Loan Officers salary by percentile in Montana
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Montana earn a median salary of $71,570 per year ($5,964/month).
This is 6.3% below the national average of $76,354.
Montana ranks #33 out of 51 states for Loan Officers pay.
Approximately 1,180 people work in this occupation across Montana.
Salaries increased by 8.5% 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 Montana range from $48,130 at the 10th percentile (entry level) to $123,130 at the 90th percentile (experienced). The middle 50% earn between $55,830 and $96,100.
Median $71,570
P10: $48,130P25: $55,830P75: $96,100P90: $123,130
10th
$48,130
25th
$55,830
Median
$71,570
75th
$96,100
90th
$123,130
Percentile
Annual Salary
Hourly Rate
Monthly
10th Percentile (Entry Level)
$48,130
$23.14
$4,010
25th Percentile
$55,830
$26.84
$4,652
Median (50th)
$71,570
$34.41
$5,964
75th Percentile
$96,100
$46.20
$8,008
90th Percentile (Experienced)
$123,130
$59.20
$10,260
Note: The mean (average) salary of $77,390 differs from the median because salary distributions are typically skewed by high earners.
The median annual salary for Loan Officers in Montana is $71,570 as of 2025. The average (mean) salary is $77,390.
What is the salary range for a Loan Officers in Montana?
Salaries for Loan Officers in Montana range from $48,130 at the 10th percentile to $123,130 at the 90th percentile. The middle 50% earn between $55,830 and $96,100.
What is the starting salary for a Loan Officers in Montana?
Entry-level Loan Officers positions in Montana typically start around $48,130 (10th percentile). With some experience, salaries rise to $55,830 (25th percentile).
How many people work as Loan Officers in Montana?
According to 2025 BLS data, approximately 1,180 people are employed as Loan Officers in Montana.
What is the hourly rate for a Loan Officers in Montana?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Montana is approximately $34.41 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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