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Salary comparison

Loan Officers vs. Business Operations Specialists, All Other: Who Earns More?

Business Operations Specialists, All Other out-earn Loan Officers by $6K a year at the national median, per BLS OEWS May 2025. Loan Officers land at $76,690 and Business Operations Specialists, All Other at $83,050. The education gap is real: loan officer programs typically require bachelor's degree, while business operations specialists, all other programs require bachelor's degree. Top-paying state for Loan Officers is Massachusetts ($101,600); for Business Operations Specialists, All Other it's District of Columbia ($108,160).

Loan Officers
Business Operations Specialists, All Other
Median salary
$76,690
$83,050
Hourly rate
$36.87/hr
$39.93/hr
Entry level (10th %)
$39,430
$47,880
Senior level (90th %)
$153,180
$150,010
Education required
Bachelor's degree
Bachelor's degree
U.S. employment
274,330
1,087,090
Job growth (10-year)
1.7%
3%
Category
Business & Finance
Business & Finance
Top-paying state
Massachusetts
District of Columbia

Pay by state

States where both occupations have BLS data, sorted by Loan Officers median pay.

State
Loan Officers
Business Operations Specialists, All Other
Massachusetts
$101,600
$93,270
Connecticut
$95,730
$85,530
Colorado
$94,520
$92,520
New Jersey
$92,920
$91,060
District of Columbia
$92,890
$108,160
Delaware
$83,130
$95,040
California
$81,770
$87,570
Washington
$80,120
$100,360
South Dakota
$79,920
$85,340
Rhode Island
$77,250
$88,130
Maryland
$73,580
$101,500
Oklahoma
$72,990
$93,640
Alaska
$72,800
$94,740
Alabama
$66,710
$100,240
Hawaii
$63,740
$92,620

Source: BLS OEWS May 2025. Highlighted value is higher in each row.

Common questions

Who earns more, Loan Officers or Business Operations Specialists, All Other?

Business Operations Specialists, All Other earn more nationally. The median is $76,690 for Loan Officers versus $83,050 for Business Operations Specialists, All Other, a difference of $6K. Per BLS OEWS May 2025.

Which has better job growth, Loan Officers or Business Operations Specialists, All Other?

Business Operations Specialists, All Other has the better 10-year outlook at 3% projected growth, compared to 1.7% for the other field. Both are from BLS Employment Projections.

Which requires more education, Loan Officers or Business Operations Specialists, All Other?

Loan Officers typically requires bachelor's degree. Business Operations Specialists, All Other requires bachelor's degree. Education requirements vary by employer and state licensing board.

Where do Loan Officers get paid the most?

Massachusetts is the top-paying state for Loan Officers at $101,600/year, per BLS OEWS May 2025. Major metro areas within that state typically pay even more than the state average.

How does Loan Officers vs. Business Operations Specialists, All Other pay differ by state?

The gap varies significantly by state. In Massachusetts, Loan Officers earn $101,600 vs. $93,270 for Business Operations Specialists, All Other. See the state comparison table on this page for the full picture.

Full Loan Officers salary breakdownView →Full Business Operations Specialists, All Other salary breakdownView →Best cities for Loan Officers by take-home payExplore →Best cities for Business Operations Specialists, All Other by take-home payExplore →How to become a loan officersGuide →How to become a business operations specialists, all otherGuide →