Loan Officers Salary
Loan Officers in Flint, MI make a median of $65,050 a year, or about $31.28 an hour. The range runs from $27K at the entry level to $124K for experienced workers. Cost of living is below average (RPP 93.03), which stretches that salary to about $69,924 in buying power. Rent on a 2-bedroom averages $1,033/month, or 24.2% of estimated take-home pay.
So what does $65K get you in Flint?
Groceries, utilities, transportation, and healthcare scaled from national averages by Flint’s Regional Price Parity (93.03). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About loan officers
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What this looks like in Flint
Pay for loan officers in Flint runs about 15% below the U.S. median of $77K. Housing is manageable: a 2-bedroom at the HUD median costs $1,033/month, 24.1% of take-home, well inside the 30% guideline. Regional Price Parity sits at 93.03 (national = 100), meaning everyday costs run about 7% cheaper here. Your dollar stretches further than the headline salary suggests. Lower pay, lower costs, Flint can be a reasonable trade-off for loan officerss who value affordability over top-dollar markets.
Compared to nearby metros
Median pay for loan officers in metros near Flint, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Detroit-Warren-Dearborn | $76K | $76K |
| Grand Rapids-Wyoming-Kentwood | $72K | $75K |
| Lansing-East Lansing | $73K | $77K |
| Ann Arbor | $78K | $77K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Flint, MI
Entry-level loan officers (10th percentile) start around $27K. Mid-career wages sit at $65K. Top earners bring in $124K or more, a $97K spread from bottom to top.
Loan Officers pay across states
Median income ranked highest to lowest, compared to the national figure
View Loan Officers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $102K | +32% | 4,470 |
| Connecticut | $96K | +25% | 2,220 |
| New York | $96K | +25% | 10,840 |
| Minnesota | $95K | +24% | 6,430 |
| Colorado | $95K | +23% | 3,230 |
| Oregon | $94K | +23% | 4,220 |
| New Jersey | $93K | +21% | 6,200 |
| District of Columbia | $93K | +21% | 370 |
| Vermont | $89K | +16% | 350 |
| Kansas | $87K | +13% | 3,540 |
| North Dakota | $85K | +10% | 1,370 |
| Iowa | $84K | +9% | 2,840 |
| Delaware | $83K | +8% | 1,420 |
| Maine | $82K | +7% | 1,060 |
| California | $82K | +7% | 25,790 |
| New Hampshire | $81K | +5% | 1,120 |
| Washington | $80K | +4% | 6,040 |
| South Dakota | $80K | +4% | 1,820 |
| Nebraska | $80K | +4% | 2,710 |
| Wyoming | $80K | +4% | 740 |
| Illinois | $79K | +3% | 10,890 |
| Virginia | $78K | +2% | 8,790 |
| Wisconsin | $78K | +2% | 4,940 |
| Rhode Island | $77K | +1% | 1,290 |
| Ohio | $76K | -0% | 9,880 |
| North Carolina | $76K | -1% | 10,700 |
| Michigan | $74K | -3% | 11,340 |
| Missouri | $74K | -4% | 7,050 |
| Maryland | $74K | -4% | 3,850 |
| Oklahoma | $73K | -5% | 4,100 |
| Indiana | $73K | -5% | 4,790 |
| Alaska | $73K | -5% | 490 |
| Montana | $72K | -7% | 1,180 |
| Florida | $71K | -7% | 18,830 |
| Idaho | $71K | -7% | 2,030 |
| Arkansas | $70K | -8% | 2,610 |
| Pennsylvania | $69K | -10% | 8,140 |
| Georgia | $68K | -11% | 9,540 |
| Alabama | $67K | -13% | 5,050 |
| Texas | $66K | -13% | 21,200 |
| Nevada | $65K | -16% | 2,580 |
| Hawaii | $64K | -17% | 980 |
| South Carolina | $63K | -18% | 4,140 |
| Tennessee | $63K | -18% | 6,510 |
| New Mexico | $63K | -18% | 1,140 |
| Arizona | $62K | -19% | 10,020 |
| Kentucky | $62K | -19% | 3,940 |
| Louisiana | $61K | -20% | 2,810 |
| Mississippi | $60K | -21% | 3,450 |
| Utah | $59K | -22% | 3,990 |
| West Virginia | $58K | -25% | 1,290 |
Showing 1–10 of 51 (all 50 states + DC)
Track loan officers salary changes
BLS updates this data quarterly. We'll email you when Flint numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Flint?
Yes — at the median salary of $65K, rent takes 24.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,033/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for loan officers in Flint?
The 10th-percentile wage — what new loan officers typically earn — is $27K/year. Take-home on that works out to about $1,591/month. At HUD’s $1,033/month FMR, rent would take 65% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan officer a high-paying job in Flint?
Local pay runs 15% below the national median — $65K here vs. $77K nationally. Cost of living is 7% below the national average, which narrows that gap in real purchasing power.
How does Flint compare to the national average for loan officers?
Flint pays $65K median vs. the U.S. average of $77K — that’s -15%. After adjusting for local cost of living (RPP 93.03), the purchasing-power equivalent is $70K — below the national median.
How much do loan officers make in Flint, MI?
The median is $65,050 a year, that works out to about $31 an hour. But the range is wide: entry-level workers start around $26,510, and experienced loan officers can clear $123,780. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $65K enough to live in Flint?
On that salary, you'd take home roughly $4,282/month after taxes. A 2-bedroom here rents for about $1,033/month, which eats 24.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a loan officers salary go in Flint?
Flint has a Regional Price Parity of 93.03 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan officers salary is worth about $69,924 in national-average purchasing power.
Where do loan officers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.