Loan Officer Salary
in Seattle, WA
Evaluate and approve loan applications for individuals and businesses. Median salary in Seattle: $96K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Seattle
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Seattle, Washington.
Key facts for Seattle
Salary forecast: Seattle Loan Officer to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $96K by 2030.
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Loan Officer Salary in Seattle, Washington: Complete Guide (2026)
The median Loan Officer salary in Seattle, WA is $96,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Seattle–WA metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Salary range for Loan Officer in Seattle
Entry-level Loan Officers in Seattle with 0–2 years of experience typically earn between $67,000 and $96,000 annually. Mid-career professionals with 3–7 years command $96,000 to $138,000, while senior-level practitioners with 8+ years of experience regularly earn $138,000 to $198,000 or more.
Cost of living in Seattle for Loan Officers
Seattle has a cost of living index of 150 compared to the US national average of 100. Seattle's cost of living is above the US average, so the salary figures above reflect local market rates. Crucially, Washington has no state income tax — giving Seattle-based Loan Officers an immediate 3–5% take-home pay advantage over workers in states like California (9.3%) or New York (6.85%).
Education requirements for Loan Officer
Bachelor's in Finance; NMLS license for mortgage. 35% of these roles offer some remote flexibility.