Best cities for a loan originator
The best cities for loan originators are Jacksonville, FL, Detroit, MI, and Tampa, FL, based on factors like average salary and job availability per capita. Jobs and pay for loan originators vary across the country, but we've determined the ten best cities for loan originators in the U.S.
Whether you're starting your career as a loan originator or considering a move, this list of the best cities for loan originators to live in will help you decide. These aren't just the best-paying cities for loan originators. We also consider how easy it is to find work as a loan originator. While the absolute best city for loan originators is Jacksonville, FL, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for loan originators in 2024.
If you're looking for a loan originator job, here are five companies hiring now:
10 best cities for loan originators in 2025
1. Jacksonville, FL
Total loan originator jobs: 3 Average annual salary: $46,214 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $69,000 Location quotient: 0.75 2. Detroit, MI
Total loan originator jobs: 2 Average annual salary: $41,577 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $56,000 Location quotient: 0.68 3. Tampa, FL
Total loan originator jobs: 2 Average annual salary: $46,728 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $71,000 Location quotient: 0.41 4. Laredo, TX
Total loan originator jobs: 2 Average annual salary: $42,514 Lowest 10 percent warn: $28,000 Highest 10 percent earn: $62,000 Location quotient: 9.70 5. Lexington, KY
Total loan originator jobs: 1 Average annual salary: $40,338 Lowest 10 percent warn: $28,000 Highest 10 percent earn: $57,000 Location quotient: 1.15 6. Albuquerque, NM
Total loan originator jobs: 1 Average annual salary: $51,294 Lowest 10 percent warn: $36,000 Highest 10 percent earn: $71,000 Location quotient: 0.54 7. Miami, FL
Total loan originator jobs: 1 Average annual salary: $46,842 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $71,000 Location quotient: 0.21 8. Philadelphia, PA
Total loan originator jobs: 0 Average annual salary: $43,866 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $63,000 Location quotient: 0.00 9. Columbus, OH
Total loan originator jobs: 4 Average annual salary: $39,952 Lowest 10 percent warn: $28,000 Highest 10 percent earn: $55,000 Location quotient: 0.64 10. Hialeah, FL
Total loan originator jobs: 0 Average annual salary: $46,843 Lowest 10 percent warn: $30,000 Highest 10 percent earn: $71,000 Location quotient: 0.00
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Best cities for loan originators
- Jacksonville, FL
- Detroit, MI
- Tampa, FL
- Laredo, TX
- Lexington, KY
- Albuquerque, NM
- Miami, FL
- Philadelphia, PA
- Columbus, OH
- Hialeah, FL
- (3 loan originator jobs)
- (2 loan originator jobs)
- (2 loan originator jobs)
- (2 loan originator jobs)
- (1 loan originator jobs)
- (1 loan originator jobs)
- (1 loan originator jobs)
- (0 loan originator jobs)
- (4 loan originator jobs)
- (0 loan originator jobs)
Detailed list of the best cities for a loan originator
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Jacksonville, FL | $46,214 | $30,000 | 880,619 | 3 |
| 2 | Detroit, MI | $41,577 | $30,000 | 672,795 | 2 |
| 3 | Tampa, FL | $46,728 | $30,000 | 377,165 | 2 |
| 4 | Laredo, TX | $42,514 | $28,000 | 257,156 | 2 |
| 5 | Lexington, KY | $40,338 | $28,000 | 318,449 | 1 |
| 6 | Albuquerque, NM | $51,294 | $36,000 | 559,277 | 1 |
| 7 | Miami, FL | $46,842 | $30,000 | 453,579 | 1 |
| 8 | Philadelphia, PA | $43,866 | $30,000 | 1,567,872 | - |
| 9 | Columbus, OH | $39,952 | $28,000 | 860,090 | 4 |
| 10 | Hialeah, FL | $46,843 | $30,000 | 236,387 | - |
| 11 | Saint Petersburg, FL | $46,772 | $30,000 | 260,999 | - |
| 12 | Orlando, FL | $46,518 | $30,000 | 277,173 | - |
| 13 | El Paso, TX | $42,139 | $29,000 | 683,080 | 3 |
| 14 | Austin, TX | $42,027 | $28,000 | 947,890 | 7 |
| 15 | Louisville, KY | $40,250 | $28,000 | 597,337 | 1 |
| 16 | Houston, TX | $42,029 | $28,000 | 2,303,482 | 8 |
| 17 | Minneapolis, MN | $46,775 | $36,000 | 413,651 | - |
| 18 | Saint Paul, MN | $46,774 | $36,000 | 302,398 | - |
| 19 | Cleveland, OH | $40,880 | $29,000 | 385,809 | - |
| 20 | Cincinnati, OH | $39,476 | $28,000 | 298,800 | 1 |
| 21 | Toledo, OH | $40,433 | $29,000 | 278,508 | - |
| 22 | Omaha, NE | $42,361 | $31,000 | 446,970 | - |
| 23 | Pittsburgh, PA | $41,727 | $29,000 | 303,625 | - |
| 24 | Dallas, TX | $41,537 | $28,000 | 1,317,929 | 4 |
| 25 | Lincoln, NE | $42,248 | $31,000 | 280,364 | - |
| 26 | Oklahoma City, OK | $41,011 | $29,000 | 638,367 | 1 |
| 27 | Brookhaven, NY | $50,223 | $34,000 | 486,040 | - |
| 28 | Islip, NY | $50,155 | $34,000 | 335,543 | - |
| 29 | Oyster Bay, NY | $50,029 | $34,000 | 293,214 | - |
| 30 | Corpus Christi, TX | $42,393 | $28,000 | 325,733 | - |
| 31 | Hempstead, NY | $49,976 | $34,000 | 759,757 | - |
| 32 | New York, NY | $49,830 | $34,000 | 8,537,673 | 3 |
| 33 | San Antonio, TX | $42,186 | $28,000 | 1,492,510 | - |
| 34 | Nashville, TN | $36,551 | $25,000 | 660,388 | 3 |
| 35 | Kansas City, MO | $39,881 | $29,000 | 481,420 | 3 |
| 36 | Plano, TX | $41,471 | $28,000 | 286,057 | 1 |
| 37 | Tulsa, OK | $41,106 | $29,000 | 403,090 | - |
| 38 | Fort Worth, TX | $41,574 | $28,000 | 854,113 | - |
| 39 | Jersey City, NJ | $49,009 | $33,000 | 264,152 | - |
| 40 | Arlington, TX | $41,570 | $28,000 | 392,772 | - |
| 41 | Newark, NJ | $48,963 | $33,000 | 281,764 | - |
| 42 | Milwaukee, WI | $38,245 | $28,000 | 595,047 | 1 |
| 43 | Irving, TX | $41,529 | $28,000 | 238,289 | - |
| 44 | Garland, TX | $41,494 | $28,000 | 234,943 | - |
| 45 | Glendale, AZ | $37,384 | $26,000 | 245,895 | 3 |
| 46 | Lubbock, TX | $41,665 | $29,000 | 252,506 | - |
| 47 | New Orleans, LA | $37,547 | $25,000 | 391,495 | 1 |
| 48 | Chicago, IL | $41,223 | $30,000 | 2,704,958 | 5 |
| 49 | Wichita, KS | $40,280 | $29,000 | 389,902 | - |
| 50 | Raleigh, NC | $40,117 | $27,000 | 458,880 | 1 |
Highest paying cities for loan originators
| Rank | City | Avg. loan originator salary |
|---|---|---|
| 1 | New York, NY | $49,830 |
| 2 | Fort Lee, NJ | $49,068 |
| 3 | Urban Honolulu, HI | $48,139 |
| 4 | Fort Myers, FL | $46,830 |
| 5 | Bloomington, MN | $46,745 |
| 6 | Lake Oswego, OR | $44,144 |
| 7 | Bellevue, WA | $43,910 |
| 8 | Denver, CO | $43,351 |
| 9 | Manchester, NH | $42,788 |
| 10 | Irvine, CA | $42,671 |
| 11 | Boston, MA | $42,284 |
| 12 | Houston, TX | $42,029 |
| 13 | Troy, MI | $41,651 |
| 14 | Chicago, IL | $41,223 |
| 15 | Raleigh, NC | $40,117 |
| 16 | Dublin, OH | $39,978 |
| 17 | Myrtle Beach, SC | $39,733 |
| 18 | Alpharetta, GA | $37,872 |
| 19 | Baton Rouge, LA | $37,498 |
| 20 | Glendale, AZ | $37,384 |
Loan originator best cities FAQs
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Updated January 8, 2025