FinanceGovernment / OECD · 96/1003–5 years
Mid Level Loan Officer Salary in Toronto
2026 · Mid-career professionals with 3–5 years of experience at median market pay.
$72,676/yr
Typical range: $57,109 – $106,170
P25–P50 · BLS OEWS employer payroll data
Loan Officer salary by experience level in Toronto
Loan Officer Salary Progression in Toronto
From entry-level through staff — based on BLS OEWS percentile data
| Experience Level | Years | Percentile | Annual Salary | Monthly | vs Entry |
|---|---|---|---|---|---|
| Entry | 0 yrs | 0 yrs | $48,278 | $4,023 | — |
| Junior | 2 yrs | 2 yrs | $62,294 | $5,191 | +29% |
| Mid-LevelThis page | 4 yrs | 4 yrs | $72,676 | $6,056 | +51% |
| Senior | 6 yrs | 6 yrs | $87,523 | $7,294 | +81% |
| Staff | 10 yrs | 10 yrs | $126,145 | $10,512 | +161% |
| Principal | 14 yrs | 14 yrs | $171,619 | $14,302 | +255% |
| Distinguished | 18 yrs | 18 yrs | $182,987 | $15,249 | +279% |
Current Salary
$72,676
Mid Level · 3–5 years
Hourly: $35/hr
Next Level Target
$87,523
Senior · 6
+$15Kpotential uplift
Career Opportunity
16/100
High Risk
+6% demand · Moderate AI risk
Frequently Asked Questions
What is the mid level Loan Officer salary in Toronto, Canada?
Mid Level Loan Officers in Toronto, Canada earn approximately $73K per year (2026). This corresponds to the P25–P50 range of BLS OEWS employer payroll data.
How much does a mid level Loan Officer make per hour in Toronto, Canada?
Based on $73K annually, the hourly rate is approximately $35/hr (2,080-hour work year).
How do I get from mid level to senior Loan Officer in Toronto, Canada?
The typical progression takes 2–4 years with consistent skill development, project leadership, and strategic job moves. A senior Loan Officer in Toronto, Canada earns $106K–$140K/yr.