Loan Officer Salary in Minnesota
Explore loan officer salaries in Minnesota including median pay, entry-level and senior compensation, and how it compares to the national average.
Median Salary in MN
$78,917
Monthly: $6,576
Biweekly: $3,035
Entry Level
$46,422
Monthly: $3,869
Biweekly: $1,785
Senior Level
$111,413
Monthly: $9,284
Biweekly: $4,285
Job Growth
16%
Projected 10-year growth
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $46,422 | $78,917 | $111,413 |
| Monthly | $3,869 | $6,576 | $9,284 |
| Biweekly | $1,785 | $3,035 | $4,285 |
| Weekly | $893 | $1,518 | $2,143 |
| Hourly | $22 | $38 | $54 |
MN vs National Comparison
National Median
$77,370
MN Median
$78,917
Difference
+$1,547
Multiplier
1.02x
About This Career
Evaluate loan applications and manage lending relationships with clients.
Education
Bachelor's degree in Finance or related field
Key Skills
Loan AnalysisRisk AssessmentCustomer ServiceDocumentation
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