Loan Officer salary in Birmingham, AL
Loan Officers in the Birmingham, AL metro area earn a median of $66,740 a year ($32.09 an hour), based on BLS data for 1,730 workers.
Pay ranges from $44,930 for the lowest-paid 10% to $158,790 for the top 10%. That is 13% lower than the national median of $76,690. Pay here is about the same as the Alabama statewide median of $66,710. There are 3.3 loan officers per 1,000 jobs here — the job is 1.9× more common than nationally. The average (mean) salary is $85,420, above the median because a few high earners pull it up.
Pay range for loan officers in Birmingham, AL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $44,930 | $21.60 |
| 25th percentile | $52,520 | $25.25 |
| Median | $66,740 | $32.09 |
| 75th percentile | $104,720 | $50.34 |
| 90th percentile (top earners) | $158,790 | $76.34 |
| Average (mean) | $85,420 | $41.07 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,561.67 |
| Semi-monthly (24 a year) | $2,780.83 |
| Biweekly (26 a year) | $2,566.92 |
| Weekly | $1,283.46 |
| Hourly | $32.09 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Huntsville, AL | $76,970 | 320 |
| Mobile, AL | $72,860 | 260 |
| Auburn-Opelika, AL | $71,860 | 130 |
| Decatur, AL | $69,800 | 120 |
| Daphne-Fairhope-Foley, AL | $66,250 | 180 |
| Dothan, AL | $66,230 | 150 |
| Tuscaloosa, AL | $64,080 | 250 |
| Florence-Muscle Shoals, AL | $63,870 | 150 |
| Montgomery, AL | $63,510 | 380 |
| Anniston-Oxford, AL | $61,740 | 100 |
| Gadsden, AL | $54,360 | 100 |
| Columbus, GA-AL | $50,010 | 170 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Alabama statewide figures.
Related jobs in Birmingham, AL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,660 | $37.82 |
| Personal Financial Advisor | $79,480 | $38.21 |
| Financial and Investment Analysts | $91,290 | $43.89 |
| Insurance Underwriter | $66,000 | $31.73 |
| Tax Examiners and Collectors, and Revenue Agents | $74,670 | $35.90 |
| Credit Analyst | $101,720 | $48.91 |
| Property Appraisers and Assessors | $49,510 | $23.81 |
| Financial Risk Specialist | $81,750 | $39.31 |
| Financial Specialists, All Other | $77,170 | $37.10 |
| Budget Analyst | $88,550 | $42.57 |
| Credit Counselor | $45,760 | $22.00 |
| Human Resources Specialist | $67,880 | $32.63 |
| Market Research Analysts and Marketing Specialists | $62,190 | $29.90 |
| Buyers and Purchasing Agents | $66,260 | $31.85 |
More: Business and Financial Operations Occupations · all salaries in Birmingham, AL
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Birmingham, AL?
The median salary for loan officers in the Birmingham, AL metro area is $66,740 a year, or $32.09 an hour. Pay ranges from $44,930 for the lowest-paid 10% to $158,790 for the top 10%.
How much do the highest-paid loan officers make in Birmingham, AL?
The top 10% of loan officers in the Birmingham, AL metro area earn at least $158,790 a year. The top 25% earn $104,720 or more.
What is the starting pay for loan officers in Birmingham, AL?
Entry-level pay (the 10th percentile) is about $44,930 a year, and a quarter of loan officers earn $52,520 or less.
How many loan officers work in Birmingham, AL?
About 1,730 loan officers are employed in the Birmingham, AL metro area, not counting the self-employed.