Loan Officer salary in Puerto Rico
Loan Officers in Puerto Rico earn a median of $35,730 a year ($17.18 an hour), based on BLS data for 2,360 workers.
Pay ranges from $27,110 for the lowest-paid 10% to $64,740 for the top 10%. That is 53% lower than the national median of $76,690. There are 2.5 loan officers per 1,000 jobs here — the job is 1.4× more common than nationally. The average (mean) salary is $41,490, above the median because a few high earners pull it up.
Pay range for loan officers in Puerto Rico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $27,110 | $13.04 |
| 25th percentile | $30,260 | $14.55 |
| Median | $35,730 | $17.18 |
| 75th percentile | $43,510 | $20.92 |
| 90th percentile (top earners) | $64,740 | $31.12 |
| Average (mean) | $41,490 | $19.95 |
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 | $2,977.50 |
| Semi-monthly (24 a year) | $1,488.75 |
| Biweekly (26 a year) | $1,374.23 |
| Weekly | $687.12 |
| Hourly | $17.18 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in cities in Puerto Rico
| Metro area | Median salary | Workers |
|---|---|---|
| Mayaguez, PR | $35,890 | 70 |
| San Juan-Bayamon-Caguas, PR | $35,850 | 1,990 |
| Arecibo, PR | $34,900 | 70 |
| Aguadilla, PR | $32,930 | 70 |
| Ponce, PR | $32,070 | 90 |
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 |
Related jobs in Puerto Rico
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $43,530 | $20.93 |
| Financial and Investment Analysts | $63,000 | $30.29 |
| Financial Examiner | $37,470 | $18.01 |
| Insurance Underwriter | $46,990 | $22.59 |
| Credit Analyst | $51,920 | $24.96 |
| Financial Specialists, All Other | $39,270 | $18.88 |
| Tax Examiners and Collectors, and Revenue Agents | $43,740 | $21.03 |
| Budget Analyst | $50,560 | $24.31 |
| Tax Preparer | $46,730 | $22.47 |
| Financial Risk Specialist | $60,360 | $29.02 |
| Property Appraisers and Assessors | $33,370 | $16.04 |
| Credit Counselor | $50,010 | $24.04 |
| Business Operations Specialists, All Other | $46,700 | $22.45 |
| Compliance Officer | $48,950 | $23.53 |
More: Business and Financial Operations Occupations · all salaries in Puerto Rico
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 Puerto Rico?
The median salary for loan officers in Puerto Rico is $35,730 a year, or $17.18 an hour. Pay ranges from $27,110 for the lowest-paid 10% to $64,740 for the top 10%.
How much do the highest-paid loan officers make in Puerto Rico?
The top 10% of loan officers in Puerto Rico earn at least $64,740 a year. The top 25% earn $43,510 or more.
What is the starting pay for loan officers in Puerto Rico?
Entry-level pay (the 10th percentile) is about $27,110 a year, and a quarter of loan officers earn $30,260 or less.
How many loan officers work in Puerto Rico?
About 2,360 loan officers are employed in Puerto Rico, not counting the self-employed.