Loan Officer Salary in Maryland (2026)

Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 2026.

Median Annual Salary$73,580
Median Hourly Wage$35.38
National Median$75,854
Jobs in Maryland3,850

Loan Officer Salary in Maryland vs. National Average

MarylandNationalDifference
Median annual salary$73,580$75,854-3%
Median hourly wage$35.38$36.47-3%

Adjusted for local price levels (100 = national average), the cost-adjusted median is $70,076.

Loan Officer Salary in Top Maryland Cities

CityMedianEntry LevelExperiencedCost of Living
City-level data coming soon.

FAQ

How much does a Loan Officer make in Maryland?

The median annual salary for a Loan Officer in Maryland is $73,580, or about $35.38 per hour, according to BLS OEWS data.

How does this compare to the national average?

The national median for Loan Officers is $75,854. Maryland is -3% below the national median.

What is the entry-level salary for a Loan Officer in Maryland?

Entry-level loan officers in Maryland typically earn from varies by experience depending on the city and employer.

Is Maryland a good state for loan officers?

With 3,850 loan officer jobs on record and a median salary of $73,580, Maryland offers competitive pay compared to the rest of the country.