Loan Officer salary in Mobile, AL
Loan Officers in the Mobile, AL metro area earn a median of $72,860 a year ($35.03 an hour), based on BLS data for 260 workers.
Pay ranges from $43,960 for the lowest-paid 10% to $126,870 for the top 10%. That is 5% lower than the national median of $76,690. Pay here is 9% higher than the Alabama statewide median of $66,710. There are 1.5 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $82,050, above the median because a few high earners pull it up.
Pay range for loan officers in Mobile, AL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $43,960 | $21.13 |
| 25th percentile | $47,270 | $22.73 |
| Median | $72,860 | $35.03 |
| 75th percentile | $100,410 | $48.28 |
| 90th percentile (top earners) | $126,870 | $60.99 |
| Average (mean) | $82,050 | $39.45 |
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 | $6,071.67 |
| Semi-monthly (24 a year) | $3,035.83 |
| Biweekly (26 a year) | $2,802.31 |
| Weekly | $1,401.15 |
| Hourly | $35.03 |
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 |
| Auburn-Opelika, AL | $71,860 | 130 |
| Decatur, AL | $69,800 | 120 |
| Birmingham, AL | $66,740 | 1,730 |
| 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 Mobile, AL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $72,130 | $34.68 |
| Personal Financial Advisor | $75,060 | $36.09 |
| Financial and Investment Analysts | $85,350 | $41.03 |
| Insurance Underwriter | $56,660 | $27.24 |
| Tax Examiners and Collectors, and Revenue Agents | $73,920 | $35.54 |
| Property Appraisers and Assessors | $61,370 | $29.51 |
| Budget Analyst | $80,720 | $38.81 |
| Financial Specialists, All Other | $49,700 | $23.89 |
| Human Resources Specialist | $64,260 | $30.89 |
| Buyers and Purchasing Agents | $68,750 | $33.05 |
| Market Research Analysts and Marketing Specialists | $60,340 | $29.01 |
| Claims Adjusters, Examiners, and Investigators | $94,740 | $45.55 |
| Project Management Specialist | $101,300 | $48.70 |
| Cost Estimator | $76,980 | $37.01 |
More: Business and Financial Operations Occupations · all salaries in Mobile, 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 Mobile, AL?
The median salary for loan officers in the Mobile, AL metro area is $72,860 a year, or $35.03 an hour. Pay ranges from $43,960 for the lowest-paid 10% to $126,870 for the top 10%.
How much do the highest-paid loan officers make in Mobile, AL?
The top 10% of loan officers in the Mobile, AL metro area earn at least $126,870 a year. The top 25% earn $100,410 or more.
What is the starting pay for loan officers in Mobile, AL?
Entry-level pay (the 10th percentile) is about $43,960 a year, and a quarter of loan officers earn $47,270 or less.
How many loan officers work in Mobile, AL?
About 260 loan officers are employed in the Mobile, AL metro area, not counting the self-employed.