Business & Finance Scottsdale, AZ
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Loan Officer Salary in Scottsdale, Arizona
The median loan officer salary in Scottsdale, AZ is $73,629 per year, which is 12.0% above the national median and 15.5% above the Arizona state average.
City Median
$73,629
vs State Avg
+$9,861
vs National
+$7,889
Cost of Living
112%
Loan Officer Salary in Scottsdale by Experience
In Scottsdale, an entry-level loan officer earns around $42,560, while experienced professionals earn up to $145,600 per year. The local cost of living index is 112% of the national average.
Entry Level (0-2 yrs)
$42,560
+$4,560 vs national
Mid Level (3-7 yrs)
$73,920
+$7,920 vs national
Senior Level (8+ yrs)
$145,600
+$15,600 vs national
Salary Percentiles in Scottsdale, AZ
| Percentile | Scottsdale |
|---|---|
| 10th Percentile | $39,424 |
| 25th Percentile | $50,848 |
| Median (50th) | $73,629 |
| 75th Percentile | $112,000 |
| 90th Percentile | $172,256 |
Loan Officer Salary in Other Arizona Cities
How to Become a Loan Officer in Scottsdale
Education
Most loan officer positions require a bachelor's degree. Scottsdale 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 Scottsdale may vary based on local industry and population growth.