Loan Officer Salary in Phoenix, Arizona
The median loan officer salary in Phoenix, AZ is $65,740 per year, which is 0.0% above the national median and 3.1% above the Arizona state average.
Loan Officer Pay in Phoenix: What to Expect (2026)
Phoenix offers a median loan officer salary of $65,740, which is $1,972 above the Arizona state average of $63,768. Compared to the national median of $65,740, Phoenix pays above average for this role.
Phoenix's cost of living is 100% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Phoenix spans from $35,200 at the 10th percentile to $153,800 at the 90th percentile — a $118,600 spread. Entry-level professionals start around $38,000, while senior loan officers with 8+ years of experience can earn up to $130,000. As a major metro area with a population of 1,608,139, Phoenix typically offers more job opportunities and employer competition, which can drive salaries higher.
Loan Officer Salary in Phoenix by Experience
In Phoenix, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 100% of the national average.
Salary Percentiles in Phoenix, AZ
| Percentile | Phoenix |
|---|---|
| 10th Percentile | $35,200 |
| 25th Percentile | $45,400 |
| Median (50th) | $65,740 |
| 75th Percentile | $100,000 |
| 90th Percentile | $153,800 |
Loan Officer Salary in Other Arizona Cities
How to Become a Loan Officer in Phoenix
Education
Most loan officer positions require a bachelor's degree. Phoenix and the surrounding Arizona area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Phoenix may vary based on local industry and population growth.
Find Loan Officer Jobs in Phoenix
Browse open loan officer positions in Phoenix, AZ: