Loan Officers in Michigan
Steady Finance Career: Loan Officers Offer Solid Growth and Competitive Earnings
National Median: $69,990 | Job Growth: 3% | Michigan Colleges: 50
Loan Officers Salary Progression
- Entry Level: $45,000
- Mid-Career: $70,000
- Senior Level: $90,000
- Top 10%: $120,000
Colleges in Michigan
| College | Type | Tuition | Median Earnings |
|---|---|---|---|
| Moody Theological Seminary and Graduate School--Michigan | Private Nonprofit | — | $45,399 |
| West Michigan College of Barbering and Beauty | Private For-Profit | — | — |
| Adrian College | Private Nonprofit | $41,684 | $55,504 |
| Albion College | Private Nonprofit | $56,950 | $58,799 |
| Hillsdale Beauty College | Private For-Profit | — | $17,793 |
| Northwestern Technological Institute | Private For-Profit | — | $41,237 |
| Alma College | Private Nonprofit | $49,552 | $54,742 |
| Alpena Community College | Public | $5,250 | $36,442 |
| Andrews University | Private Nonprofit | $35,056 | $53,187 |
| Aquinas College | Private Nonprofit | $40,218 | $49,584 |
| Baker College | Private Nonprofit | $13,000 | $35,833 |
| Baker College of Cadillac | Private Nonprofit | $13,000 | $35,833 |
| Baker College of Jackson | Private Nonprofit | $13,000 | $35,833 |
| Baker College of Muskegon | Private Nonprofit | $13,000 | $35,833 |
| Baker College - Royal Oak Campus | Private Nonprofit | $13,000 | $35,833 |
| Bay de Noc Community College | Public | $5,712 | $35,090 |
| Bayshire Academy of Beauty Craft Inc | Private For-Profit | — | $24,471 |
| Calvin University | Private Nonprofit | $39,350 | $58,375 |
| Calvin University - Handlon Campus | Private Nonprofit | — | $58,375 |
| Calvin Theological Seminary | Private Nonprofit | — | — |
| Carnegie Institute | Private For-Profit | $15,645 | $38,244 |
| Michigan School of Psychology | Private Nonprofit | — | — |
| Central Michigan University | Public | $14,760 | $55,874 |
| Mott Community College | Public | $6,845 | $32,538 |
| Empire Beauty School-Michigan | Private For-Profit | — | $22,377 |
| Cleary University | Private Nonprofit | $26,102 | $54,186 |
| Concordia University Ann Arbor | Private Nonprofit | $35,410 | $56,075 |
| Cranbrook Academy of Art | Private Nonprofit | — | — |
| College for Creative Studies | Private Nonprofit | $53,350 | $44,860 |
| Davenport University | Private Nonprofit | $24,466 | $45,099 |
Education Paths in Michigan
- Bachelor's in Finance — 4 years, typical cost: $40,000-$200,000
- Bachelor's in Business Administration — 4 years, typical cost: $40,000-$200,000
- Associate's in Finance/Business — 2 years, typical cost: $20,000-$100,000
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Frequently Asked Questions
What is the salary for Loan Officers in Michigan?
The national median salary for Loan Officers is $69,990. State-specific data may vary.
How many Loan Officers jobs are in Michigan?
Nationally, there are 355,440 Loan Officers positions.
What colleges in Michigan prepare you for a Loan Officers career?
There are 50 colleges in Michigan that can prepare you for this career. Explore each to see relevant programs.
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.