Loan Officers Salary in Michigan
Loan Officers in Michigan earn a median of $74,470 a year, −3% compared with the U.S. median.
Updated October 2026 · Data: BLS OEWS May 2025 · How we match careers
- Median pay
- $74,470
- vs. U.S. median
- −3% ($76,690)
- Rank among states
- 27 of 51
- Jobs in the state
- 11,340
Pay range in Michigan
The lowest-paid 10% earn under $36,830; the top 10% earn over $135,700. Nationally the range is $39,430 to $153,180.
States ranked near Michigan
Similar jobs in Michigan
- Securities, Commodities, and Financial Services Sales Agents$73,480 median in Michigan
- Insurance Underwriters$77,380 median in Michigan
- Loan Interviewers and Clerks$51,500 median in Michigan
- Credit Authorizers, Checkers, and Clerks$48,840 median in Michigan
- Tax Examiners and Collectors, and Revenue Agents$63,440 median in Michigan
- Financial Managers$139,370 median in Michigan
Loan Officers pay in Michigan
How much do loan officers make in Michigan?
The median is $74,470 a year. The lowest-paid 10% earn under $36,830 and the top 10% earn over $135,700. BLS OEWS May 2025.
Is Michigan a good state for loan officers?
On pay alone it ranks 27 of 51 (−3% vs. the national median of $76,690). Living costs are not included.