2024 Salary Data

Loan Officers Salary in Fargo, ND-MN

Loan Officerss in Fargo, ND-MN earn a median salary of $89,860 per year, which is 21.1% higher than the national median.

Median Salary

$89,860

21.1%vs national

Entry Level

$55,710

10th percentile

Experienced

$142,450

90th percentile

Employed

380

in Fargo, ND-MN

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in Fargo, ND-MN?

According to the Bureau of Labor Statistics, Loan Officerss in the Fargo, ND-MN metropolitan area earn a median annual salary of $89,860. The salary range varies significantly based on experience, with entry-level positions starting around $55,710 and experienced professionals earning up to $142,450 or more.

Entry Level

0-2 years experience

$55,710 - $64,080

Mid Career

2-8 years experience

$64,080 - $107,220

Senior Level

8+ years experience

$107,220 - $142,450

Fargo, ND-MN vs National Average

Fargo, ND-MN$89,860
National Average$74,180

Loan Officerss in Fargo, ND-MN earn 21.1% more than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in Fargo, ND-MN?
The median annual salary for Loan Officers in Fargo, ND-MN is $89,860, according to Bureau of Labor Statistics data from 2024. This is 21.1% higher than the national median.
What is the starting salary for Loan Officers in Fargo, ND-MN?
Entry-level Loan Officers positions in Fargo, ND-MN typically start around $55,710 to $64,080 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in Fargo, ND-MN?
Experienced Loan Officerss in Fargo, ND-MN can earn $107,220 to $142,450 annually (75th to 90th percentile).
How does Loan Officers salary in Fargo, ND-MN compare to the national average?
Loan Officerss in Fargo, ND-MN earn 21.1% more than the national median of $74,180.

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