Total Employment


Hourly Wage (avg)


Annual Wage (avg)



Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.


SOC Code 13-2072 - Loan Officers is a a final level code of the “Business and Financial Operations Occupations” Major Occupation Category. There are 308,370 total employees classified in this occupation in the USA, with an average Hourly Wage of $36.64 and average Annual Wage of $76,200.

Hierarchy Navigation for SOC Code 13-2072

Parent Category (less specific)

Occupation Examples

  • Branch Lending Officer
  • Commercial Lender
  • Loan Analyst
  • Loan Officer
  • Loan Reviewer
  • Real Estate Loan Officer

Career Video for "Loan Officers"

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