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Loan adviser salary
Average loan adviser salary
$40,365
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Average loan adviser salary by state
Highest paying states for loan advisers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Minnesota | $48,705 | $23.42 |
| 2 | Maine | $49,390 | $23.75 |
| 3 | Arkansas | $48,166 | $23.16 |
| 4 | Rhode Island | $46,051 | $22.14 |
| 5 | South Dakota | $46,057 | $22.14 |
| 6 | Wyoming | $44,879 | $21.58 |
| 7 | Iowa | $46,214 | $22.22 |
| 8 | Colorado | $45,576 | $21.91 |
| 9 | Montana | $45,006 | $21.64 |
| 10 | North Dakota | $43,185 | $20.76 |
| 11 | Vermont | $45,867 | $22.05 |
| 12 | Hawaii | $48,866 | $23.49 |
| 13 | New Mexico | $49,339 | $23.72 |
| 14 | Washington | $48,544 | $23.34 |
| 15 | New Jersey | $46,289 | $22.25 |
| 16 | North Carolina | $45,792 | $22.02 |
| 17 | Florida | $42,128 | $20.25 |
| 18 | Delaware | $43,383 | $20.86 |
| 19 | Massachusetts | $46,721 | $22.46 |
| 20 | Maryland | $44,939 | $21.61 |
| 21 | Michigan | $40,201 | $19.33 |
| 22 | Wisconsin | $41,014 | $19.72 |
| 23 | Ohio | $38,399 | $18.46 |
| 24 | Nebraska | $40,874 | $19.65 |
| 25 | New Hampshire | $42,414 | $20.39 |
| 26 | New York | $43,849 | $21.08 |
| 27 | Missouri | $38,032 | $18.28 |
| 28 | South Carolina | $40,253 | $19.35 |
| 29 | Oregon | $41,727 | $20.06 |
| 30 | Connecticut | $42,102 | $20.24 |
| 31 | Idaho | $36,372 | $17.49 |
| 32 | Alaska | $36,568 | $17.58 |
| 33 | Oklahoma | $39,108 | $18.80 |
| 34 | Kansas | $38,677 | $18.59 |
| 35 | Arizona | $33,863 | $16.28 |
| 36 | West Virginia | $38,167 | $18.35 |
| 37 | Texas | $36,547 | $17.57 |
| 38 | Kentucky | $38,046 | $18.29 |
| 39 | Tennessee | $34,285 | $16.48 |
| 40 | Utah | $32,799 | $15.77 |
| 41 | District of Columbia | $41,307 | $19.86 |
| 42 | Georgia | $35,654 | $17.14 |
| 43 | Louisiana | $35,699 | $17.16 |
| 44 | Pennsylvania | $35,345 | $16.99 |
| 45 | Mississippi | $30,571 | $14.70 |
| 46 | Nevada | $31,813 | $15.29 |
| 47 | Indiana | $32,793 | $15.77 |
| 48 | Alabama | $31,409 | $15.10 |
| 49 | Virginia | $34,957 | $16.81 |
| 50 | Illinois | $32,017 | $15.39 |
| 51 | California | $32,783 | $15.76 |
Loan adviser salary details
A loan adviser's salary ranges from $28,000 a year at the 10th percentile to $56,000 at the 90th percentile.
What is a loan adviser's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $56,000 | $4,667 | $27 |
| 75th Percentile | $48,000 | $4,000 | $23 |
| Average | $40,365 | $3,364 | $19 |
| 25th Percentile | $33,000 | $2,750 | $16 |
| 10th Percentile | $28,000 | $2,333 | $13 |
Highest paying loan adviser jobs
The highest paying types of loan advisers are mortgage broker, senior underwriter, and mortgage underwriter.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Mortgage Consultant | $38,934 | $3,245 | $18.72 | 24,057 |
| Mortgage Banker | $27,331 | $2,278 | $13.14 | 24,297 |
| Mortgage Underwriter | $55,721 | $4,643 | $26.79 | 9,260 |
| Escrow Officer | $50,270 | $4,189 | $24.17 | 62,077 |
| Loan Officer/Loan Processor | $46,753 | $3,896 | $22.48 | 71,801 |
| Loan Consultant | $38,876 | $3,240 | $18.69 | 23,448 |
Top companies hiring loan advisers now:
Wage gap by gender, race and education
Loan adviser salary trends
The average loan adviser salary has risen by $3,743 over the last ten years. In 2014, the average loan adviser earned $36,622 annually, but today, they earn $40,365 a year. That works out to a 0% change in pay for loan advisers over the last decade.
Compare loan adviser salaries for cities or states with the national average over time.
Average loan adviser salary over time
Compare loan adviser salaries for individual cities or states with the national average.
Loan adviser salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $40,400 | $19.41 | +1.1% |
| 2024 | $39,900 | $19.20 | +0.4% |
| 2023 | $39,800 | $19.13 | -2.6% |
| 2022 | $40,800 | $19.62 | +1.6% |
| 2021 | $40,200 | $19.31 | +0.3% |
Recently added loan adviser salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Caribou Financial | Loan Advisor | Chandler, AZ | 06/19/2025 | $50,000 |
| West Coast University | Student Loan Advisor | Irvine, CA | 06/18/2025 | $49,232 |
| Anchor Loans LP | Loan Funder | Thousand Oaks, CA | 06/13/2025 | $56,349 |
| Lower | Loan Advisor Saturday-Wednesday | Columbus, OH | 06/09/2025 | $50,000 |
| Lower LLC | Loan Advisor | Columbus, OH | 05/27/2025 | $50,000 |
| Flagstar Bank | SR. Loan Advisor | Ione, CA | 05/25/2025 | $34,436 |
| Calculated Hire | Specialty Loan Advisor | Coppell, TX | 05/24/2025 | $56,349 |
| Golden 1 Talent Acquisition Team | Home Loan Internal Production-Home Loan Advisor-In-Market | Sacramento, CA | 05/23/2025 | $62,213 |
| Citigroup | Mortgage Representative Loan Advisor | OFallon, MO | 05/03/2025 | $60,000 |
| Citigroup | Mortgage Representative Loan Advisor-Safe ACT | OFallon, MO | 04/26/2025 | $60,000 |
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