Business & Finance Phoenix, AZ Pop. 1,608,139

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.

City Median
$65,740
vs State Avg
+$1,972
vs National
+$0
Cost of Living
100%

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.

Entry Level (0-2 yrs)
$38,000
+$0 vs national
Mid Level (3-7 yrs)
$66,000
+$0 vs national
Senior Level (8+ yrs)
$130,000
+$0 vs national

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

Scottsdale, AZ
$73,629
Pop. 241,361
Chandler, AZ
$67,055
Pop. 275,987
Mesa, AZ
$63,768
Pop. 504,258
Tucson, AZ
$61,138
Pop. 542,629

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

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

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:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Phoenix

How much does a Loan Officer make in Phoenix, AZ? ▼
The median loan officer salary in Phoenix, Arizona is $65,740 per year, which is 0.0% above the national median of $65,740. Salaries range from $35,200 (10th percentile) to $153,800 (90th percentile).
How much does a Loan Officer make per hour in Phoenix? ▼
Based on the median annual salary of $65,740, a loan officer in Phoenix earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Phoenix compare to the Arizona state average for loan officer pay? ▼
Phoenix's median loan officer salary of $65,740 is 3.1% above the Arizona state average of $63,768. The local cost of living index is 100% of the national average.
What is the cost of living in Phoenix, AZ? ▼
Phoenix has a cost of living index of 100% compared to the national average. This means a loan officer salary of $65,740 in Phoenix has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Phoenix? ▼
Most loan officer positions in Phoenix require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.