Loan Officer salary in Springfield, MO
Loan Officers in the Springfield, MO metro area earn a median of $76,040 a year ($36.56 an hour), based on BLS data for 480 workers.
Pay ranges from $45,540 for the lowest-paid 10% to $131,380 for the top 10%. That is 1% lower than the national median of $76,690. Pay here is 3% higher than the Missouri statewide median of $73,660. There are 2.1 loan officers per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $86,580, above the median because a few high earners pull it up.
Pay range for loan officers in Springfield, MO
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $45,540 | $21.90 |
| 25th percentile | $58,160 | $27.96 |
| Median | $76,040 | $36.56 |
| 75th percentile | $100,700 | $48.41 |
| 90th percentile (top earners) | $131,380 | $63.16 |
| Average (mean) | $86,580 | $41.62 |
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 | $6,336.67 |
| Semi-monthly (24 a year) | $3,168.33 |
| Biweekly (26 a year) | $2,924.62 |
| Weekly | $1,462.31 |
| Hourly | $36.56 |
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 |
|---|---|---|
| Kansas City, MO-KS | $82,330 | 2,180 |
| Columbia, MO | $81,850 | 450 |
| Cape Girardeau, MO-IL | $76,400 | 70 |
| St. Louis, MO-IL | $74,510 | 2,690 |
| Joplin, MO-KS | $70,170 | 140 |
| Jefferson City, MO | $64,430 | 270 |
| St. Joseph, MO-KS | $63,080 | 80 |
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 Missouri statewide figures.
Related jobs in Springfield, MO
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $73,020 | $35.11 |
| Personal Financial Advisor | $75,410 | $36.25 |
| Financial Specialists, All Other | $59,730 | $28.72 |
| Financial Examiner | $76,210 | $36.64 |
| Financial and Investment Analysts | $93,310 | $44.86 |
| Tax Preparer | $56,820 | $27.32 |
| Property Appraisers and Assessors | $61,080 | $29.37 |
| Credit Analyst | $63,290 | $30.43 |
| Tax Examiners and Collectors, and Revenue Agents | $48,510 | $23.32 |
| Financial Risk Specialist | $98,450 | $47.33 |
| Human Resources Specialist | $63,140 | $30.36 |
| Project Management Specialist | $78,060 | $37.53 |
| Market Research Analysts and Marketing Specialists | $57,280 | $27.54 |
| Training and Development Specialists | $49,550 | $23.82 |
More: Business and Financial Operations Occupations · all salaries in Springfield, MO
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 Springfield, MO?
The median salary for loan officers in the Springfield, MO metro area is $76,040 a year, or $36.56 an hour. Pay ranges from $45,540 for the lowest-paid 10% to $131,380 for the top 10%.
How much do the highest-paid loan officers make in Springfield, MO?
The top 10% of loan officers in the Springfield, MO metro area earn at least $131,380 a year. The top 25% earn $100,700 or more.
What is the starting pay for loan officers in Springfield, MO?
Entry-level pay (the 10th percentile) is about $45,540 a year, and a quarter of loan officers earn $58,160 or less.
How many loan officers work in Springfield, MO?
About 480 loan officers are employed in the Springfield, MO metro area, not counting the self-employed.