How to Become a Loan Officers in Wisconsin
Loan Officers in Wisconsin earn a median salary of $79,230/year, which is 7% above the national average. Wisconsin has a state income tax of ~4.0%. After taxes and rent, a loan officers takes home approximately $3,669/month. Most positions require Bachelor's degree.
What a loan officers can afford in Wisconsin
Becoming a loan officers in Wisconsin
Meet education requirements
Loan Officers positions in Wisconsin typically require Bachelor's degree. Programs are available at colleges and training institutions across Wisconsin. Research accredited programs in your area.
Gain required experience
Many loan officers positions in Wisconsin require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Wisconsin licensure or certification
Wisconsin may require specific licensing or professional certification for loan officerss. Requirements vary by state — contact the Wisconsin Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Wisconsin
Wisconsin employs 5,020 loan officers. The highest concentrations are in Milwaukee-Waukesha and Madison.
Loan Officers salary by metro area in Wisconsin
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Milwaukee-Waukesha | $82K | $39.27/hr | 1,290 |
| Madison | $82K | $39.22/hr | 680 |
| Kenosha | $80K | $38.55/hr | 80 |
| Racine-Mount Pleasant | $80K | $38.27/hr | 150 |
| Oshkosh-Neenah | $80K | $38.23/hr | 150 |
| Wausau | $79K | $38.09/hr | 140 |
| Eau Claire | $79K | $38.07/hr | 100 |
| La Crosse-Onalaska | $79K | $37.86/hr | 190 |
| Fond du Lac | $79K | $37.83/hr | 90 |
| Appleton | $79K | $37.76/hr | 210 |
| Janesville-Beloit | $78K | $37.68/hr | 110 |
| Green Bay | $78K | $37.54/hr | 260 |
| Sheboygan | $76K | $36.75/hr | 60 |
Loan Officers salary range in Wisconsin
Loan Officers careers in other states
Frequently asked questions
How much does a loan officers make in Wisconsin?▼
The median loan officers salary in Wisconsin is $79,230 per year ($38.09/hr). This is 7% above the national median of $74,180. Salaries range from $50,130 to $137,750.
What are the requirements to become a loan officers in Wisconsin?▼
Loan Officers positions in Wisconsin typically require Bachelor's degree. Wisconsin may have specific licensing or certification requirements. Check with the Wisconsin licensing board or department of labor for current requirements.
Can a loan officers afford to live in Wisconsin?▼
At the median salary of $79,230, a loan officers in Wisconsin would take home approximately $5,081/month after taxes. With median 2-bedroom rent at $1,412/month, that's 27.8% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for loan officers in Wisconsin?▼
The highest paying metro areas for loan officers in Wisconsin are Milwaukee-Waukesha ($81,680), Madison ($81,580), Kenosha ($80,180). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Wisconsin have state income tax for loan officers?▼
Yes, Wisconsin has a state income tax rate of approximately 4.0%. On a $79,230 salary, this means roughly $3,153/year in state income tax. Use our take-home pay calculator for a detailed breakdown.