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Loan Officers Salary in Minnesota

Loan Officers in Minnesota earn a median of $95,170 a year, +24% compared with the U.S. median.

Updated October 2026 · Data: BLS OEWS May 2025 · How we match careers

Median pay
$95,170
vs. U.S. median
+24% ($76,690)
Rank among states
4 of 51
Jobs in the state
6,430

Pay range in Minnesota

The lowest-paid 10% earn under $57,670; the top 10% earn over $163,350. Nationally the range is $39,430 to $153,180.

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Similar jobs in Minnesota

Loan Officers pay in Minnesota

How much do loan officers make in Minnesota?

The median is $95,170 a year. The lowest-paid 10% earn under $57,670 and the top 10% earn over $163,350. BLS OEWS May 2025.

Is Minnesota a good state for loan officers?

On pay alone it ranks 4 of 51 (+24% vs. the national median of $76,690). Living costs are not included.

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Sources. Pay and employment: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 (national and state files). Pay is not adjusted for living costs. Data Sources & Licenses