The average salary for a loan officer in West Virginia is around $48,820 per year.
Avg Salary
Loan officers earn an average yearly salary of $48,820.
Wages typically start from $28,870 and go up to $93,350.
6% below national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$44.88 per hour
$93,350 per year
75th percentile
Senior-level loan officer earnings begin at:
$32.04 per hour
$66,650 per year
50th percentile
Mid-level loan officer earnings begin at:
$23.47 per hour
$48,820 per year
25th percentile
Junior-level loan officer earnings begin at:
$17.10 per hour
$35,570 per year
10th percentile
Starting level loan officer earnings begin at:
$13.88 per hour
$28,870 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 West Virginia. On average, they make less than auditors but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Auditor salary | $63K |
| Budget analyst salary | $64K |
| Cost estimator salary | $60K |
| Credit analyst salary | $59K |
| Operations research analyst salary | $52K |
| Loan officer salary | $49K |
| Social fundraiser salary | $51K |
| Revenue agent salary | $41K |
| Credit counselor salary | $37K |
| Bookkeeper salary | $33K |
Source: CareerExplorer (Aggregated)