Banking35% remote-eligible+2% YoY growth

Loan Officer Salary
by City (2026)

Evaluate and approve loan applications for individuals and businesses. National median: $75K/year. See how your city compares.

National median

$75K

Top 10% earn

$155K

Entry level

$52K

Salary growth

+2%/yr

Loan Officer salary by city

Sorted by median salary

City	Entry	Median	Senior	COL	Tax
San Francisco, CA	$78K	$113K	$162K	224	9.3%
San Jose, CA	$75K	$109K	$157K	210	9.3%
Jersey City, NJ	$74K	$107K	$153K	162	10.75%
New York City, NY	$73K	$106K	$153K	187	6.85%
Cambridge, MA	$73K	$105K	$152K	185	5%
Pearl City, HI	$73K	$105K	$152K	185	11%
Oakland, CA	$72K	$103K	$149K	185	9.3%
Washington, DC	$72K	$103K	$149K	152	8.5%
Bellevue, WA	$71K	$102K	$147K	175	None ✓
Irvine, CA	$70K	$101K	$145K	172	9.3%
Newark, NJ	$70K	$101K	$146K	155	10.75%
Boston, MA	$69K	$99K	$143K	162	5%
Los Angeles, CA	$68K	$98K	$140K	163	9.3%
Yonkers, NY	$68K	$98K	$142K	165	6.85%
Arlington, VA	$68K	$98K	$140K	148	5.75%
Bethesda, MD	$68K	$98K	$142K	165	5.75%
Kirkland, WA	$68K	$97K	$140K	162	None ✓
Seattle, WA	$67K	$96K	$138K	150	None ✓
Stamford, CT	$67K	$96K	$138K	158	6.99%
Hilo, HI	$66K	$95K	$137K	155	11%
San Diego, CA	$65K	$94K	$135K	148	9.3%
Anaheim, CA	$64K	$93K	$133K	148	9.3%
Santa Ana, CA	$65K	$93K	$134K	150	9.3%
Rockville, MD	$64K	$93K	$133K	148	5.75%
Long Beach, CA	$63K	$92K	$132K	155	9.3%
Alexandria, VA	$63K	$92K	$132K	145	5.75%
Elizabeth, NJ	$63K	$92K	$132K	145	10.75%
Chicago, IL	$62K	$90K	$130K	107	4.95%
Paterson, NJ	$62K	$90K	$129K	140	10.75%
Sacramento, CA	$61K	$89K	$127K	128	9.3%
Chula Vista, CA	$62K	$89K	$128K	138	9.3%
Miami, FL	$61K	$89K	$127K	123	None ✓
Edison, NJ	$62K	$89K	$128K	138	10.75%
Fairbanks, AK	$62K	$89K	$128K	138	None ✓
Scottsdale, AZ	$60K	$86K	$124K	118	2.5%
Denver, CO	$60K	$86K	$124K	118	4.55%
Worcester, MA	$60K	$86K	$124K	120	5%
Philadelphia, PA	$60K	$86K	$124K	110	3.07%
Portland, OR	$60K	$86K	$124K	130	9.9%
Baltimore, MD	$60K	$86K	$124K	115	5.75%
Hartford, CT	$60K	$86K	$124K	118	6.99%
Honolulu, HI	$60K	$86K	$124K	192	11%
Dallas, TX	$59K	$85K	$123K	96	None ✓
Plano, TX	$58K	$84K	$121K	105	None ✓
Atlanta, GA	$58K	$84K	$121K	99	5.75%
Minneapolis, MN	$58K	$84K	$121K	106	6.8%
New Haven, CT	$58K	$84K	$121K	122	6.99%
Austin, TX	$57K	$83K	$119K	110	None ✓
Fort Lauderdale, FL	$57K	$83K	$119K	118	None ✓
Tacoma, WA	$57K	$83K	$119K	128	None ✓
Charlotte, NC	$57K	$83K	$119K	100	4.75%
Nashua, NH	$58K	$83K	$120K	120	None ✓
Anchorage, AK	$57K	$83K	$119K	128	None ✓
Frisco, TX	$57K	$82K	$119K	118	None ✓
Riverside, CA	$57K	$82K	$119K	118	9.3%
Naperville, IL	$57K	$82K	$119K	118	4.95%
Vancouver, WA	$57K	$82K	$119K	118	None ✓
Lowell, MA	$57K	$82K	$119K	118	5%
Gresham, OR	$57K	$82K	$119K	118	9.9%
Bridgeport, CT	$57K	$82K	$119K	118	6.99%
Manchester, NH	$57K	$82K	$119K	118	None ✓
Burlington, VT	$57K	$82K	$119K	118	6.6%
Providence, RI	$57K	$82K	$119K	118	5.99%
Irving, TX	$56K	$81K	$117K	97	None ✓
McKinney, TX	$56K	$81K	$117K	108	None ✓
Hialeah, FL	$56K	$81K	$117K	115	None ✓
Hollywood, FL	$56K	$81K	$117K	115	None ✓
Aurora, CO	$56K	$81K	$117K	112	4.55%
Lakewood, CO	$56K	$81K	$117K	115	4.55%
Ann Arbor, MI	$56K	$81K	$117K	115	4.25%
St. Paul, MN	$56K	$81K	$117K	104	6.8%
Salt Lake City, UT	$56K	$81K	$117K	105	4.85%
Frederick, MD	$56K	$81K	$117K	115	5.75%
Portland, ME	$56K	$81K	$117K	115	7.15%
Concord, NH	$56K	$81K	$117K	115	None ✓
Warwick, RI	$56K	$81K	$117K	115	5.99%
Houston, TX	$55K	$80K	$114K	91	None ✓
Pembroke Pines, FL	$56K	$80K	$116K	112	None ✓
Fort Collins, CO	$56K	$80K	$116K	112	4.55%
Cary, NC	$56K	$80K	$116K	112	4.75%
Eugene, OR	$55K	$80K	$115K	110	9.9%
Round Rock, TX	$55K	$79K	$114K	108	None ✓
Tampa, FL	$55K	$79K	$113K	102	None ✓
Phoenix, AZ	$55K	$79K	$113K	100	2.5%
Chandler, AZ	$55K	$79K	$113K	105	2.5%
Gilbert, AZ	$55K	$79K	$114K	108	2.5%
Tempe, AZ	$55K	$79K	$114K	108	2.5%
Thornton, CO	$55K	$79K	$114K	108	4.55%
Raleigh, NC	$55K	$79K	$113K	102	4.75%
Durham, NC	$55K	$79K	$113K	100	4.75%
Nashville, TN	$55K	$79K	$113K	102	None ✓
Boise, ID	$55K	$79K	$114K	108	5.8%
Wilmington, DE	$55K	$79K	$114K	108	6.6%
Stockton, CA	$54K	$78K	$112K	105	9.3%
Springfield, MA	$54K	$78K	$112K	105	5%
Salem, OR	$54K	$78K	$112K	105	9.9%
Henderson, NV	$54K	$78K	$112K	105	None ✓
Meridian, ID	$54K	$78K	$112K	105	5.8%
Fort Worth, TX	$53K	$77K	$110K	93	None ✓
Carrollton, TX	$53K	$77K	$111K	102	None ✓
Orlando, FL	$53K	$77K	$110K	100	None ✓
Richmond, VA	$53K	$77K	$110K	98	5.75%
Provo, UT	$53K	$77K	$110K	100	4.85%
Missoula, MT	$53K	$77K	$111K	102	6.75%
Denton, TX	$53K	$76K	$110K	100	None ✓
San Bernardino, CA	$53K	$76K	$110K	100	9.3%
Cape Coral, FL	$53K	$76K	$110K	100	None ✓
Peoria, AZ	$53K	$76K	$110K	100	2.5%
Rochester, MN	$53K	$76K	$110K	100	6.8%
West Jordan, UT	$53K	$76K	$110K	100	4.85%
Overland Park, KS	$53K	$76K	$110K	100	5.7%
Dover, DE	$53K	$76K	$110K	100	6.6%
Arlington, TX	$52K	$75K	$108K	94	None ✓
Garland, TX	$52K	$75K	$108K	91	None ✓
Albany, NY	$52K	$75K	$109K	98	6.85%
St. Petersburg, FL	$52K	$75K	$108K	105	None ✓
Port St. Lucie, FL	$52K	$75K	$109K	98	None ✓
Mesa, AZ	$52K	$75K	$108K	98	2.5%
Chesapeake, VA	$52K	$75K	$109K	98	5.75%
Columbus, OH	$52K	$75K	$108K	90	3.99%
Cincinnati, OH	$52K	$75K	$108K	88	3.99%
Pittsburgh, PA	$52K	$75K	$108K	90	3.07%
Las Vegas, NV	$52K	$75K	$108K	102	None ✓
Reno, NV	$52K	$75K	$108K	108	None ✓
North Las Vegas, NV	$52K	$75K	$109K	98	None ✓
West Valley City, UT	$52K	$75K	$109K	98	4.85%
Orem, UT	$52K	$75K	$109K	98	4.85%
Des Moines, IA	$52K	$75K	$108K	88	4.82%
Nampa, ID	$52K	$75K	$109K	98	5.8%
Billings, MT	$52K	$75K	$109K	98	6.75%
Lewiston, ME	$52K	$75K	$109K	98	7.15%
Bakersfield, CA	$52K	$74K	$107K	95	9.3%
Jacksonville, FL	$51K	$74K	$106K	93	None ✓
Aurora, IL	$52K	$74K	$107K	95	4.95%
Glendale, AZ	$52K	$74K	$107K	95	2.5%
Virginia Beach, VA	$51K	$74K	$106K	98	5.75%
Norfolk, VA	$52K	$74K	$107K	95	5.75%
Newport News, VA	$52K	$74K	$107K	95	5.75%
Allentown, PA	$52K	$74K	$107K	95	3.07%
Kansas City, MO	$51K	$74K	$106K	90	5.3%
St. Louis, MO	$51K	$74K	$106K	86	5.3%
Madison, WI	$51K	$74K	$106K	102	5.3%
Charleston, SC	$51K	$74K	$106K	105	6.5%
North Charleston, SC	$52K	$74K	$107K	95	6.5%
Omaha, NE	$51K	$74K	$106K	88	5.84%
Grand Prairie, TX	$50K	$73K	$105K	90	None ✓
Midland, TX	$51K	$73K	$106K	92	None ✓
Tallahassee, FL	$50K	$73K	$105K	90	None ✓
Joliet, IL	$50K	$73K	$105K	90	4.95%
Athens, GA	$51K	$73K	$106K	92	5.75%
Sterling Heights, MI	$50K	$73K	$105K	90	4.25%
Kenosha, WI	$50K	$73K	$105K	90	5.3%
Duluth, MN	$51K	$73K	$106K	92	6.8%
Greenville, SC	$51K	$73K	$106K	92	6.5%
Cheyenne, WY	$51K	$73K	$106K	92	None ✓
Fargo, ND	$50K	$73K	$105K	90	2.5%
Pasadena, TX	$50K	$72K	$104K	88	None ✓
Mesquite, TX	$50K	$72K	$104K	88	None ✓
Syracuse, NY	$50K	$72K	$104K	88	6.85%
Gainesville, FL	$50K	$72K	$104K	88	None ✓
Colorado Springs, CO	$50K	$72K	$104K	102	4.55%
Greensboro, NC	$50K	$72K	$104K	88	4.75%
Chattanooga, TN	$50K	$72K	$104K	88	None ✓
Detroit, MI	$50K	$72K	$104K	82	4.25%
Indianapolis, IN	$50K	$72K	$104K	88	3.23%
Milwaukee, WI	$50K	$72K	$104K	90	5.3%
Green Bay, WI	$50K	$72K	$104K	88	5.3%
Lexington, KY	$50K	$72K	$104K	88	5%
Great Falls, MT	$50K	$72K	$104K	88	6.75%
Casper, WY	$50K	$72K	$104K	88	None ✓
Bismarck, ND	$50K	$72K	$104K	88	2.5%
Sioux Falls, SD	$50K	$72K	$104K	88	None ✓
Rapid City, SD	$50K	$72K	$104K	88	None ✓
San Antonio, TX	$49K	$71K	$103K	87	None ✓
Beaumont, TX	$49K	$71K	$102K	85	None ✓
Odessa, TX	$49K	$71K	$102K	85	None ✓
Tyler, TX	$49K	$71K	$102K	85	None ✓
Fresno, CA	$49K	$71K	$103K	102	9.3%
Buffalo, NY	$49K	$71K	$103K	88	6.85%
Rochester, NY	$49K	$71K	$103K	90	6.85%
Winston-Salem, NC	$49K	$71K	$102K	85	4.75%
Warren, MI	$49K	$71K	$102K	85	4.25%
Lansing, MI	$49K	$71K	$102K	85	4.25%
Independence, MO	$49K	$71K	$102K	85	5.3%
Louisville, KY	$49K	$71K	$103K	85	5%
Huntsville, AL	$49K	$71K	$103K	88	5%
Lafayette, LA	$49K	$71K	$102K	85	6%
Cedar Rapids, IA	$49K	$71K	$102K	85	4.82%
Kansas City, KS	$49K	$71K	$102K	85	5.7%
Lincoln, NE	$49K	$71K	$102K	85	5.84%
Rio Rancho, NM	$49K	$71K	$102K	85	5.9%
Fayetteville, AR	$49K	$71K	$102K	85	4.9%
Amarillo, TX	$49K	$70K	$101K	82	None ✓
Waco, TX	$49K	$70K	$101K	82	None ✓
Pueblo, CO	$49K	$70K	$101K	82	4.55%
Columbus, GA	$49K	$70K	$101K	82	5.75%
Augusta, GA	$49K	$70K	$101K	82	5.75%
Fayetteville, NC	$49K	$70K	$101K	82	4.75%
Clarksville, TN	$49K	$70K	$101K	82	None ✓
South Bend, IN	$49K	$70K	$101K	82	3.23%
Mobile, AL	$49K	$70K	$101K	82	5%
Broken Arrow, OK	$49K	$70K	$101K	82	4.75%
Davenport, IA	$49K	$70K	$101K	82	4.82%
Killeen, TX	$48K	$69K	$100K	80	None ✓
Abilene, TX	$48K	$69K	$99K	78	None ✓
Rockford, IL	$48K	$69K	$100K	80	4.95%
Macon, GA	$48K	$69K	$100K	80	5.75%
Cleveland, OH	$48K	$69K	$99K	82	3.99%
Toledo, OH	$48K	$69K	$99K	78	3.99%
Akron, OH	$48K	$69K	$100K	80	3.99%
Dayton, OH	$48K	$69K	$100K	80	3.99%
Erie, PA	$48K	$69K	$100K	80	3.07%
Springfield, MO	$48K	$69K	$100K	80	5.3%
Fort Wayne, IN	$48K	$69K	$100K	80	3.23%
Evansville, IN	$48K	$69K	$99K	78	3.23%
Bowling Green, KY	$48K	$69K	$100K	80	5%
Birmingham, AL	$48K	$69K	$99K	82	5%
Montgomery, AL	$48K	$69K	$100K	80	5%
Norman, OK	$48K	$69K	$100K	80	4.75%
New Orleans, LA	$48K	$69K	$99K	92	6%
Shreveport, LA	$48K	$69K	$99K	78	6%
Las Cruces, NM	$48K	$69K	$100K	80	5.9%
Jackson, MS	$48K	$69K	$99K	78	5%
Gulfport, MS	$48K	$69K	$100K	80	5%
Charleston, WV	$48K	$69K	$99K	78	6.5%
Brownsville, TX	$47K	$68K	$97K	75	None ✓
Spokane, WA	$47K	$68K	$97K	95	None ✓
Memphis, TN	$47K	$68K	$97K	82	None ✓
Grand Rapids, MI	$47K	$68K	$97K	90	4.25%
Columbia, SC	$47K	$68K	$97K	88	6.5%
Oklahoma City, OK	$47K	$68K	$97K	82	4.75%
Baton Rouge, LA	$47K	$68K	$97K	88	6%
Fort Smith, AR	$47K	$68K	$97K	75	4.9%
Huntington, WV	$47K	$68K	$97K	75	6.5%
Corpus Christi, TX	$46K	$66K	$95K	84	None ✓
Tucson, AZ	$46K	$66K	$95K	90	2.5%
Savannah, GA	$46K	$66K	$95K	92	5.75%
Knoxville, TN	$46K	$66K	$95K	85	None ✓
Tulsa, OK	$46K	$66K	$95K	80	4.75%
Albuquerque, NM	$46K	$66K	$95K	88	5.9%
Wichita, KS	$45K	$65K	$93K	82	5.7%
El Paso, TX	$44K	$64K	$92K	82	None ✓
Little Rock, AR	$44K	$64K	$92K	82	4.9%
Lubbock, TX	$43K	$61K	$89K	78	None ✓
Laredo, TX	$41K	$59K	$84K	76	None ✓

COL-adjusted: where does your salary go furthest?

A $75K Loan Officer salary in Houston (COL 91, no tax) has significantly more purchasing power than the same salary in San Francisco (COL 224, 9.3% state tax). Use our calculator to see the real numbers.

Try COL Calculator →

Loan Officer Salary Guide (2026)

The national median salary for a Loan Officer is $75,000 per year. Entry-level positions typically start at $52,000, while experienced professionals in the top 25% earn $108,000 or more. The highest-paid 10% of Loan Officers nationally earn $155,000+.

Education and requirements

Bachelor's in Finance; NMLS license for mortgage. This role is 35% remote-eligible nationally, which significantly expands the geographic job market for workers in lower cost-of-living cities.

Salary growth outlook

Loan Officer compensation is growing at 2% annually, near the national average wage growth rate.

Loan Officer salary FAQ

How much does a Loan Officer make?

The median Loan Officer salary in the US is $75,000 per year — about $36/hour. Most earn between $52,000 (25th percentile) and $108,000 (75th percentile).

What is the starting salary for a Loan Officer?

Entry-level Loan Officer positions typically start around $52,000 per year. Pay rises with experience, specialization, and location.

How much do the highest-paid Loan Officers earn?

The top 10% of Loan Officers earn $155,000 or more per year — usually senior, lead, or specialized professionals in high-cost or high-demand markets.

Which city pays Loan Officers the most?

San Francisco has the highest median Loan Officer salary at $113K among the cities we track. But high-cost metros like San Francisco and New York often have lower real purchasing power once cost of living and taxes are factored in.

Are Loan Officer salaries going up?

Yes — Loan Officer pay is growing about 2% year over year, near the US average wage-growth rate.

Loan Officer Salaryby City (2026)