Loan Officer Salary in Arizona
The median loan officer salary in Arizona is $63,768 per year, which is 3% below the national median of $65,740.
Loan Officer Salary in Arizona by Experience
In Arizona, an entry-level loan officer earns around $36,860, while experienced professionals earn up to $126,100 per year. The cost of living index in Arizona is 97% of the national average.
Salary Percentiles in Arizona
| Percentile | AZ Salary |
|---|---|
| 10th Percentile | $34,144 |
| 25th Percentile | $44,038 |
| Median (50th) | $63,768 |
| 75th Percentile | $97,000 |
| 90th Percentile | $149,186 |
Loan Officer Salary by City in Arizona
The largest employment areas for loan officers in Arizona include Phoenix, Tucson, Mesa, and Scottsdale. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Arizona
Education
Most loan officer positions require a bachelor's degree. Arizona has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Arizona
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Arizona's demand may vary based on local industry trends.