Loan Officer Assistant
Federal Hill Mortgage Company LLC – Baltimore, MD
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How much does an Assistant Manager/Loan Officer make in Maryland? As of September 01, 2026, the average salary for an Assistant Manager/Loan Officer in Maryland is $62,924 per year, which breaks down to an hourly rate of $30.
However, an Assistant Manager/Loan Officer's salary can vary significantly. Here's a look at the typical salary range:
Assistant Manager/Loan Officer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
|---|---|---|---|---|
| 75th Percentile | $69,981 | $5,832 | $1,346 | $34 |
| Average | $62,924 | $5,244 | $1,210 | $30 |
| 25th Percentile | $56,663 | $4,722 | $1,090 | $27 |
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An Assistant Manager/Loan Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of an Assistant Manager/Loan Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Retail Branch Trainer | less than 1 year | $82,024 |
| Assistant Manager/Loan Officer | 1-2 years | $61,453 |
| Branch Support Manager | 2-4 years | $80,250 |
| Branch Operations Manager | 5-8 years | $93,290 |
| VP of Retail Banking Operations | over 8 years | $293,801 |
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Assistant Manager/Loan Officers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Assistant Manager/Loan Officer roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 20% above the average. Conversely, Assistant Manager/Loan Officer positions in Financial Services typically offer lower base pay, as this sector often view Assistant Manager/Loan Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $75,509 | $36.0 | 20% |
Understanding how an Assistant Manager/Loan Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $69,981 | $5,832 | $1,346 | $34 |
| Average | $62,924 | $5,244 | $1,210 | $30 |
| 25th Percentile | $56,663 | $4,722 | $1,090 | $27 |
Ready to take the next step in your career? Browse thousands of current Assistant Manager/Loan Officer job openings on our job board. Use the search bar below to find your perfect match.
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