Loan Officer salary in Lexington Park, MD
Loan Officers in the Lexington Park, MD metro area earn a median of $64,390 a year ($30.96 an hour), based on BLS data for 70 workers.
Pay ranges from $42,750 for the lowest-paid 10% to $162,910 for the top 10%. That is 16% lower than the national median of $76,690. Pay here is 12% lower than the Maryland statewide median of $73,580. There are 1.1 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.60). The average (mean) salary is $84,780, above the median because a few high earners pull it up.
Pay range for loan officers in Lexington Park, MD
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $42,750 | $20.55 |
| 25th percentile | $47,380 | $22.78 |
| Median | $64,390 | $30.96 |
| 75th percentile | $95,230 | $45.78 |
| 90th percentile (top earners) | $162,910 | $78.32 |
| Average (mean) | $84,780 | $40.76 |
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 | $5,365.83 |
| Semi-monthly (24 a year) | $2,682.92 |
| Biweekly (26 a year) | $2,476.54 |
| Weekly | $1,238.27 |
| Hourly | $30.96 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $64,390 salary, see how much house you can afford in Maryland at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $97,800 | 5,000 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | 4,660 |
| Baltimore-Columbia-Towson, MD | $68,470 | 1,810 |
| Hagerstown-Martinsburg, MD-WV | $62,060 | 120 |
| Salisbury, MD | $60,700 | 50 |
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 Maryland statewide figures.
Related jobs in Lexington Park, MD
| Job | Median salary | Hourly |
|---|---|---|
| Financial Specialists, All Other | $132,620 | $63.76 |
| Accountants and Auditors | $91,240 | $43.87 |
| Financial and Investment Analysts | $100,360 | $48.25 |
| Budget Analyst | $106,280 | $51.09 |
| Business Operations Specialists, All Other | $136,660 | $65.70 |
| Logistician | $131,600 | $63.27 |
| Management Analyst | $130,020 | $62.51 |
| Project Management Specialist | $103,700 | $49.86 |
| Buyers and Purchasing Agents | $111,530 | $53.62 |
| Human Resources Specialist | $98,170 | $47.20 |
| Compliance Officer | $95,700 | $46.01 |
| Training and Development Specialists | $94,440 | $45.41 |
| Market Research Analysts and Marketing Specialists | $73,320 | $35.25 |
| Cost Estimator | $81,210 | $39.05 |
More: Business and Financial Operations Occupations · all salaries in Lexington Park, MD
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 Lexington Park, MD?
The median salary for loan officers in the Lexington Park, MD metro area is $64,390 a year, or $30.96 an hour. Pay ranges from $42,750 for the lowest-paid 10% to $162,910 for the top 10%.
How much do the highest-paid loan officers make in Lexington Park, MD?
The top 10% of loan officers in the Lexington Park, MD metro area earn at least $162,910 a year. The top 25% earn $95,230 or more.
What is the starting pay for loan officers in Lexington Park, MD?
Entry-level pay (the 10th percentile) is about $42,750 a year, and a quarter of loan officers earn $47,380 or less.
How many loan officers work in Lexington Park, MD?
About 70 loan officers are employed in the Lexington Park, MD metro area, not counting the self-employed.