Iowa·Business and Financial Operations Occupations·SOC 13-2072

Best Loan Officer programs in Iowa, ranked by enrollment

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods.

14 schools in Iowa run programs that feed this job, graduating 1,012 people a year. The job pays a median of $83,670 in Iowa across about 2,840 jobs (BLS OEWS May 2025).

Also calledLoan OfficerLoan CounselorCommercial Loan OfficerFinancial Aid CounselorLenderUnderwriterBank OfficerLoan Adviser
Graduates / yr
1,012
in Iowa
Median pay · Iowa
$83,670
BLS OEWS May 2025
Jobs in state
2,840
people employed
Schools
14
with a feeder program
Avg graduation rate
60%
across those schools
Median net price
$22,816
per year, IPEDS

Fields of study in Iowa that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

1 programs in Iowa that lead to this job

Ranked by graduates per year in Iowa (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Iowa page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0801In Iowa
1,012
100.0%
14$53,572$23,672

Top 14 schools in Iowa

Ranked by graduates per year into this job. Graduate earnings are reported for 10 of the 14 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1University of Iowa
Iowa City, IA Public · 1 feeder programs
538Finance, General$59,96575%84%
2Iowa State University
Ames, IA Public · 1 feeder programs
266Finance, General$56,97475%89%
3University of Northern Iowa
Cedar Falls, IA Public · 1 feeder programs
60Finance, General$52,75968%93%
4Drake University
Des Moines, IA Private not-for-profit · 1 feeder programs
29Finance, General$62,04974%$28,85564%
5Mount Mercy University
Cedar Rapids, IA Private not-for-profit · 1 feeder programs
19Finance, General$51,44558%$23,05483%
6Saint Ambrose University
Davenport, IA Private not-for-profit · 1 feeder programs
19Finance, General$56,27561%$21,68077%
7Grand View University
Des Moines, IA Private not-for-profit · 1 feeder programs
18Finance, General$51,29954%$20,84099%
8Loras College
Dubuque, IA Private not-for-profit · 1 feeder programs
17Finance, General$59,43468%$19,227100%
9Upper Iowa University
Fayette, IA Private not-for-profit · 1 feeder programs
15Finance, General$48,86034%$22,69796%
10Cornell College
Mount Vernon, IA Private not-for-profit · 1 feeder programs
12Finance, General62%$23,07380%
11Dordt University
Sioux Center, IA Private not-for-profit · 1 feeder programs
9Finance, General$52,64070%$24,56968%
12Kirkwood Community College
Cedar Rapids, IA Public · 1 feeder programs
5Finance, General43%
13Morningside University
Sioux City, IA Private not-for-profit · 1 feeder programs
3Finance, General50%$22,81671%
14Northeast Iowa Community College
Calmar, IA Public · 1 feeder programs
2Finance, General51%

All 14 schools in Iowa

Every school in Iowa with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Iowa that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
University of IowaIowa CityPublic5381
Iowa State UniversityAmesPublic2661
University of Northern IowaCedar FallsPublic601
Drake UniversityDes MoinesPrivate not-for-profit291
Mount Mercy UniversityCedar RapidsPrivate not-for-profit191
Saint Ambrose UniversityDavenportPrivate not-for-profit191
Grand View UniversityDes MoinesPrivate not-for-profit181
Loras CollegeDubuquePrivate not-for-profit171
Upper Iowa UniversityFayettePrivate not-for-profit151
Cornell CollegeMount VernonPrivate not-for-profit121
Dordt UniversitySioux CenterPrivate not-for-profit91
Kirkwood Community CollegeCedar RapidsPublic51
Morningside UniversitySioux CityPrivate not-for-profit31
Northeast Iowa Community CollegeCalmarPublic21

What loan officers earn in Iowa

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Iowa
$83,670
Mean annual
$93,090
Jobs in state
2,840
What the range looks like
10th pct$51,690Median$83,67090th pct$138,150
Versus the national median
+9.1%

U.S. median $76,690. Iowa pays above the national figure.

Job concentration
1.03×

1.00× means the state has its expected share of these jobs.

Metro areas in Iowa

Des Moines-West Des Moines, IA
$101,190median
650 jobs
Iowa City, IA
$98,630median
120 jobs
Ames, IA
$84,470median
70 jobs
Sioux City, IA-NE-SD
$81,780median
140 jobs
Cedar Rapids, IA
$85,990median
190 jobs
Dubuque, IA
$76,170median
110 jobs
Davenport-Moline-Rock Island, IA-IL
$75,380median
350 jobs
Waterloo-Cedar Falls, IA
$72,990median
190 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+1.7%
Little or no change
Openings per year
20,300
new jobs plus replacements
Employment change
5,000
301,400 → 306,500
Typical entry education
Bachelor's degree
Plus moderate-term on-the-job training

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Loan Officers page.

How to become a Loan Officer

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree
Work experience needed
Less than 5 years
On-the-job training
Moderate-term on-the-job training

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Active ListeningSpeakingReading ComprehensionCritical ThinkingWritingMathematics

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Iowa

Every major mapped to this job

The official federal mapping behind the rankings above.

All 2 majors mapped to Loan Officers2 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 52.0801Finance, General
  • 52.0809Credit Management

Common questions

Answers for people weighing loan officers programs in Iowa.

What degree do you need to become a Loan Officer?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Finance, General, which awarded 1,012 degrees in Iowa in 2024-25, 100.0% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming a Loan Officer?+

The NCES CIP-to-SOC crosswalk maps 1 programs to this occupation. The largest are Finance and Financial Management Services. Together they graduate about 1,012 people a year in Iowa.

How much do loan officers earn in Iowa?+

The median is $83,670 a year (BLS OEWS May 2025). That is 9.1% above the U.S. median of $76,690. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for loan officers growing?+

BLS projects a +1.7% change in employment between 2024 and 2034, little or no change, with roughly 20,300 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Iowa?+

14 institutions in Iowa reported graduates from at least one of the 1 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do loan officers work under?+

Employers advertise this work under many names. O*NET records Loan Officer, Loan Counselor, Commercial Loan Officer, Financial Aid Counselor among the most commonly reported, all mapping to SOC 13-2072.

Programs in IowaFinance, General

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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