Loan Officer salary in Reading, PA
Loan Officers in the Reading, PA metro area earn a median of $62,630 a year ($30.11 an hour), based on BLS data for 180 workers.
Pay ranges from $44,550 for the lowest-paid 10% to $134,510 for the top 10%. That is 18% lower than the national median of $76,690. Pay here is 10% lower than the Pennsylvania statewide median of $69,300. There are 1.0 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.58). The average (mean) salary is $79,820, above the median because a few high earners pull it up.
Pay range for loan officers in Reading, PA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $44,550 | $21.42 |
| 25th percentile | $50,390 | $24.23 |
| Median | $62,630 | $30.11 |
| 75th percentile | $97,650 | $46.95 |
| 90th percentile (top earners) | $134,510 | $64.67 |
| Average (mean) | $79,820 | $38.38 |
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 | $5,219.17 |
| Semi-monthly (24 a year) | $2,609.58 |
| Biweekly (26 a year) | $2,408.85 |
| Weekly | $1,204.42 |
| Hourly | $30.11 |
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 |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | 4,660 |
| Lancaster, PA | $74,450 | 280 |
| Scranton--Wilkes-Barre, PA | $74,430 | 300 |
| Lebanon, PA | $74,380 | 50 |
| Pittsburgh, PA | $73,360 | 1,440 |
| Johnstown, PA | $68,820 | 70 |
| Harrisburg-Carlisle, PA | $66,500 | 450 |
| Allentown-Bethlehem-Easton, PA-NJ | $66,480 | 290 |
| Chambersburg, PA | $62,770 | 80 |
| Altoona, PA | $62,150 | 90 |
| York-Hanover, PA | $62,030 | 130 |
| Williamsport, PA | $60,600 | 70 |
| State College, PA | $59,540 | 50 |
| Erie, PA | $54,530 | 130 |
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 Pennsylvania statewide figures.
Related jobs in Reading, PA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,550 | $36.32 |
| Financial and Investment Analysts | $75,210 | $36.16 |
| Personal Financial Advisor | $99,120 | $47.65 |
| Tax Examiners and Collectors, and Revenue Agents | $50,460 | $24.26 |
| Credit Analyst | $69,150 | $33.25 |
| Financial Specialists, All Other | $78,540 | $37.76 |
| Budget Analyst | $83,500 | $40.15 |
| Financial Examiner | $72,480 | $34.85 |
| Human Resources Specialist | $69,410 | $33.37 |
| Project Management Specialist | $98,040 | $47.13 |
| Training and Development Specialists | $54,190 | $26.05 |
| Market Research Analysts and Marketing Specialists | $63,040 | $30.31 |
| Buyers and Purchasing Agents | $72,640 | $34.92 |
| Management Analyst | $96,260 | $46.28 |
More: Business and Financial Operations Occupations · all salaries in Reading, PA
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 Reading, PA?
The median salary for loan officers in the Reading, PA metro area is $62,630 a year, or $30.11 an hour. Pay ranges from $44,550 for the lowest-paid 10% to $134,510 for the top 10%.
How much do the highest-paid loan officers make in Reading, PA?
The top 10% of loan officers in the Reading, PA metro area earn at least $134,510 a year. The top 25% earn $97,650 or more.
What is the starting pay for loan officers in Reading, PA?
Entry-level pay (the 10th percentile) is about $44,550 a year, and a quarter of loan officers earn $50,390 or less.
How many loan officers work in Reading, PA?
About 180 loan officers are employed in the Reading, PA metro area, not counting the self-employed.