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Loan officer salary in Canada

How much does a Loan Officer make in Canada?

Average base salary

$61,444

The average salary for a loan officer is $61,444 per year in Canada. 27 salaries reported, updated at May 7, 2026

Loan Officer job openings in Canada

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Student Loans & Awards Officer...
McMaster University4.2out of 5 stars.
Hamilton, ON
$31.91–$44.92 an hour
Full-time
5 days ago

Highest paying companies for Loan Officer in Canada

Average year pay is based on job postings on Indeed in the past 36 months.
Infrastructure Ontario
 
$75,559per year
View company
Resolution Staffing Inc.
 
$65,000per year
View company
Cashco Financial
 
$62,211per year
View company
Golden Life Management
 
$58,375per year
View company
Home Trust
 
$57,200per year
View company
Express Employment Professiona...
 
$55,000per year
View company

Highest paying cities for Loan Officers near Canada

  1. Toronto, ON
    $69,380 per year
  2. Cobourg, ON
    $64,809 per year
  3. Barrie, ON
    $64,340 per year
  4. La Glace, AB
    $62,498 per year
  5. Wetaskiwin, AB
    $61,084 per year

Where can a Loan Officer earn more?

Compare salaries for Loan Officers in different locations
vs.

How much do similar professions as Loan Officer get paid in Canada?

Junior Loan Officer

Job openings
Average $50,873 per year

Senior Loan Officer

Job openings
Average $68,294 per year