FinanceGovernment / OECD · 96/1000–2 years
Entry Level Loan Officer Salary in London
2026 · Recent graduates and professionals with under 2 years of experience.
$47,199/yr
Typical range: $42,212 – $55,834
P10–P25 · BLS OEWS employer payroll data
Loan Officer salary by experience level in London
Loan Officer Salary Progression in London
From entry-level through staff — based on BLS OEWS percentile data
| Experience Level | Years | Percentile | Annual Salary | Monthly | vs Entry |
|---|---|---|---|---|---|
| EntryThis page | 0 yrs | 0 yrs | $47,199 | $3,933 | — |
| Junior | 2 yrs | 2 yrs | $60,902 | $5,075 | +29% |
| Mid-Level | 4 yrs | 4 yrs | $71,053 | $5,921 | +51% |
| Senior | 6 yrs | 6 yrs | $85,568 | $7,131 | +81% |
| Staff | 10 yrs | 10 yrs | $123,327 | $10,277 | +161% |
| Principal | 14 yrs | 14 yrs | $167,786 | $13,982 | +255% |
| Distinguished | 18 yrs | 18 yrs | $178,901 | $14,908 | +279% |
Current Salary
$47,199
Entry Level · 0–2 years
Hourly: $23/hr
Next Level Target
$60,902
Junior · 2
+$14Kpotential uplift
Career Opportunity
16/100
High Risk
+6% demand · Moderate AI risk
Frequently Asked Questions
What is the entry level Loan Officer salary in London, UK?
Entry Level Loan Officers in London, UK earn approximately $47K per year (2026). This corresponds to the P10–P25 range of BLS OEWS employer payroll data.
How much does a entry level Loan Officer make per hour in London, UK?
Based on $47K annually, the hourly rate is approximately $23/hr (2,080-hour work year).
How do I get from entry level to senior Loan Officer in London, UK?
The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Loan Officer in London, UK earns $104K–$137K/yr.