Skip navigation

Salaries for

Loan Officer

Virginia Median
$53,000
National Median
$50,000
Median Income is the exact middle income earned by someone in a job or career field.

Recent Jobs Posted

Loan Officer
Weichert, Realtors® | Fair Oaks, VA 3 weeks ago

Senior Commercial Loan Officer
SNI Financial | Reston, VA 2 weeks ago

Lead Conversion Loan Officer
MOVEMENT MORTGAGE | Richmond, VA 2 weeks ago

Mortgage Loan Officer
Pentagon Federal Credit Union | Richmond, VA 3 days ago

View All Jobs

Loan Officer

Loan officers try to help individuals and businesses obtain loans.

On an ordinary day, a loan officer might spend time:

  • Meeting individual and business loan applicants and collecting their personal and financial details
  • Explaining and answering questions about available loans and their terms
  • Assessing applicants' loan suitability by evaluating financial circumstances and credit scores.

Salaries for

Loan Officer

Virginia Median
$53,000
National Median
$50,000
Median Income is the exact middle income earned by someone in a job or career field.

Maximum Email Alerts

You've reached the maximum number of five email alerts. To create a new alert, delete one from the list and the new one will replace it.

* Please select at least one search to continue
* Well, this is embarrassing. We are having trouble deleting your search. You can try again in a bit or come back later.
Deleting 0 of 0
Success!

Recent Jobs Posted

Loan Officer
Weichert, Realtors® | Fair Oaks, VA 3 weeks ago

Senior Commercial Loan Officer
SNI Financial | Reston, VA 2 weeks ago

Lead Conversion Loan Officer
MOVEMENT MORTGAGE | Richmond, VA 2 weeks ago

Mortgage Loan Officer
Pentagon Federal Credit Union | Richmond, VA 3 days ago

View All Jobs

Top Pay by Location

These cities have the highest paying median for Loan Officer
New York, NY
$71,000
Los Angeles, CA
$60,000
San Diego, CA
$55,000
Chicago, IL
$55,000
Dallas, TX
$54,000
Atlanta, GA
$54,000
Charlotte, NC
$51,000
Phoenix, AZ
$51,000
Salary information is calculated from job seeker profiles and job postings. Both hourly and yearly wages could be reported.

On an ordinary day, a loan officer might spend time:

  • Meeting individual and business loan applicants and collecting their personal and financial details
  • Explaining and answering questions about available loans and their terms
  • Assessing applicants' loan suitability by evaluating financial circumstances and credit scores.

Insider Tips

Loan officers usually make an annual salary of $50,000. Loan officers working for car dealerships make much more than this annual salary and loan officers working for other organizations. While entry-level salaries sit below the national average, they increase the more experience a loan officer gets. Phoenix, Los Angeles, and San Antonio have some of the best paying loan officer positions. Loan officers in these cities typically make much more than their counterparts in Nashville and Denver.