Loan Officers in Michigan
Local pay for loan officers in Michigan, on the same wage scale as the U.S. Growth and openings are national.
SOC 13-2072
$74,470
median pay, Michigan
11,340
employed in Michigan
-2.9%
vs U.S. median
+1.7%
growth, 2024–34 (U.S.)
What loan officers earn in Michigan
Michigan · annual wage · OEWS May 2025
Half of loan officers in Michigan earn between $50,280 and $101,150 a year; the U.S. median is $76,690.
$36,830
P10
$50,280
P25
$74,470
MEDIAN
$101,150
P75
$135,700
P90
Pay by metro in Michigan
$77,820
$76,260
$72,890
$72,330
$71,760
$66,880
$65,050
$64,250
$20k $100k $180k