FinanceUpdated Q1 2025

Mortgage Loan Officer Salary
in Philadelphia, PA

Evaluate, authorize, and recommend mortgage loan applications for real estate purchases. Median salary in Philadelphia: $83K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$83K
per year
Take-home: $56K

Salary range in Philadelphia

Entry level (25th)$55,000
Median (50th)$83,000
Senior (75th)$124,000
Top earner (90th)$186,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Philadelphia, Pennsylvania.

Key facts for Philadelphia

Median salary
$83K
annual
Take-home pay
$56K
after fed/state tax
COL index
110
100 = US avg
State income tax
3.07%
annual
Avg 1BR rent
$1,650
per month
YoY growth
+2.5%
salary trend

Salary forecast: Philadelphia Mortgage Loan Officer to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $83K by 2030.

Salary trend & forecast — Philadelphia

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Mortgage Loan Officer salary trend 2019–2030PROJECTED →$70K$76K$82K$88K$94K201920212023202520272029
2026
$85K
projected
2027
$87K
projected
2028
$89K
projected
2029
$92K
projected
2030
$94K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$83,000+$0
2028 projected$83,000+$0
2029 projected$83,000+$0
2030 projected$83,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Mortgage Loan Officer Salary in Philadelphia, Pennsylvania: Complete Guide (2026)

The median Mortgage Loan Officer salary in Philadelphia, PA is $83,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Philadelphia–PA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Mortgage Loan Officer in Philadelphia

Entry-level Mortgage Loan Officers in Philadelphia with 0–2 years of experience typically earn between $55,000 and $83,000 annually. Mid-career professionals with 3–7 years command $83,000 to $124,000, while senior-level practitioners with 8+ years of experience regularly earn $124,000 to $186,000 or more.

Cost of living in Philadelphia for Mortgage Loan Officers

Philadelphia has a cost of living index of 110 compared to the US national average of 100. Living costs in Philadelphia are close to the national average. Pennsylvania has a 3.07% state income tax rate.

Education requirements for Mortgage Loan Officer

Bachelor's; NMLS license required. 38% of these roles offer some remote flexibility.

Mortgage Loan Officer salary in nearby cities

CityMedian salaryCOL index
Philadelphia (current)$83K110
Pittsburgh90
Allentown95
Erie80