The average salary for a loan officer in District of Columbia is around $74,840 per year.
Avg Salary
Loan officers earn an average yearly salary of $74,840.
Wages typically start from $45,980 and go up to $178,220.
10% above national average Updated in 2018
Loan officer earnings by seniority
Top-level loan officer earnings begin at:
$85.68 per hour
$178,220 per year
Senior-level loan officer earnings begin at:
$54.14 per hour
$112,600 per year
Mid-level loan officer earnings begin at:
$35.98 per hour
$74,840 per year
Junior-level loan officer earnings begin at:
$27.58 per hour
$57,370 per year
Starting level loan officer earnings begin at:
$22.11 per hour
$45,980 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $88,768 |
| Illinois | $81,620 |
| New York | $78,520 |
| New Hampshire | $76,430 |
| Nebraska | $75,800 |
| Kansas | $75,462 |
| District of Columbia | $74,840 |
| New Jersey | $73,180 |
| Minnesota | $72,030 |
| Massachusetts | $70,090 |
| Texas | $68,710 |
| Maryland | $68,060 |
| Missouri | $68,010 |
| Florida | $67,760 |
| North Dakota | $67,610 |
| Kentucky | $67,450 |
| Pennsylvania | $66,807 |
| Hawaii | $66,666 |
| Ohio | $64,770 |
| Oregon | $64,610 |
| Maine | $64,110 |
| Virginia | $63,860 |
| Wisconsin | $62,850 |
| North Carolina | $62,360 |
| Wyoming | $61,860 |
| Iowa | $61,518 |
| Oklahoma | $61,230 |
| Colorado | $61,010 |
| Nevada | $60,630 |
| Washington | $60,540 |
| Rhode Island | $60,460 |
| California | $60,420 |
| South Carolina | $60,250 |
| Delaware | $60,140 |
| Idaho | $59,677 |
| South Dakota | $59,520 |
| Vermont | $58,650 |
| Montana | $57,840 |
| Mississippi | $57,500 |
| Indiana | $57,023 |
| Alaska | $56,980 |
| Arkansas | $55,514 |
| Georgia | $54,690 |
| Tennessee | $54,490 |
| Alabama | $53,488 |
| Arizona | $52,696 |
| New Mexico | $51,460 |
| West Virginia | $48,820 |
| Louisiana | $48,230 |
| Guam | $45,840 |
| Utah | $45,470 |
| Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in District of Columbia. On average, they make less than stock traders but more than bill and account collectors.
| Career | Median Salary |
|---|---|
| Stock trader salary | $65K |
| Financial analyst salary | $91K |
| Budget analyst salary | $100K |
| Accountant salary | $92K |
| Tax preparer salary | $51K |
| Loan officer salary | $75K |
| Cost estimator salary | $94K |
| Social fundraiser salary | $75K |
| Credit counselor salary | $66K |
| Bill and account collector salary | $60K |
Source: CareerExplorer (Aggregated)