Business & Finance Scottsdale, AZ Pop. 241,361

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

Chandler, AZ
$67,055
Pop. 275,987
Phoenix, AZ
$65,740
Pop. 1,608,139
Mesa, AZ
$63,768
Pop. 504,258
Tucson, AZ
$61,138
Pop. 542,629

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.

Find Loan Officer Jobs in Scottsdale

Browse open loan officer positions in Scottsdale, AZ:

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Frequently Asked Questions: Loan Officer Salary in Scottsdale

How much does a Loan Officer make in Scottsdale, AZ? ▼
The median loan officer salary in Scottsdale, Arizona is $73,629 per year, which is 12.0% above the national median of $65,740. Salaries range from $39,424 (10th percentile) to $172,256 (90th percentile).
How much does a Loan Officer make per hour in Scottsdale? ▼
Based on the median annual salary of $73,629, a loan officer in Scottsdale earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Scottsdale compare to the Arizona state average for loan officer pay? ▼
Scottsdale's median loan officer salary of $73,629 is 15.5% above the Arizona state average of $63,768. The local cost of living index is 112% of the national average.
What is the cost of living in Scottsdale, AZ? ▼
Scottsdale has a cost of living index of 112% compared to the national average. This means a loan officer salary of $73,629 in Scottsdale has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Scottsdale? ▼
Most loan officer positions in Scottsdale 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.