Business & Finance Tucson, AZ Pop. 542,629

Loan Officer Salary in Tucson, Arizona

The median loan officer salary in Tucson, AZ is $61,138 per year, which is 7% below the national median and 4.1% below the Arizona state average.

City Median
$61,138
vs State Avg
$-2,630
vs National
$-4,602
Cost of Living
93%

Loan Officer Salary in Tucson by Experience

In Tucson, an entry-level loan officer earns around $35,340, while experienced professionals earn up to $120,900 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$35,340
$-2,660 vs national
Mid Level (3-7 yrs)
$61,380
$-4,620 vs national
Senior Level (8+ yrs)
$120,900
$-9,100 vs national

Salary Percentiles in Tucson, AZ

Percentile Tucson
10th Percentile $32,736
25th Percentile $42,222
Median (50th) $61,138
75th Percentile $93,000
90th Percentile $143,034

Loan Officer Salary in Other Arizona Cities

Scottsdale, AZ
$73,629
Pop. 241,361
Chandler, AZ
$67,055
Pop. 275,987
Phoenix, AZ
$65,740
Pop. 1,608,139
Mesa, AZ
$63,768
Pop. 504,258

How to Become a Loan Officer in Tucson

Education

Most loan officer positions require a bachelor's degree. Tucson 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 Tucson may vary based on local industry and population growth.

Find Loan Officer Jobs in Tucson

Browse open loan officer positions in Tucson, AZ:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Tucson

How much does a Loan Officer make in Tucson, AZ? ▼
The median loan officer salary in Tucson, Arizona is $61,138 per year, which is 7% below the national median of $65,740. Salaries range from $32,736 (10th percentile) to $143,034 (90th percentile).
How much does a Loan Officer make per hour in Tucson? ▼
Based on the median annual salary of $61,138, a loan officer in Tucson earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Tucson compare to the Arizona state average for loan officer pay? ▼
Tucson's median loan officer salary of $61,138 is 4.1% below the Arizona state average of $63,768. The local cost of living index is 93% of the national average.
What is the cost of living in Tucson, AZ? ▼
Tucson has a cost of living index of 93% compared to the national average. This means a loan officer salary of $61,138 in Tucson has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Tucson? ▼
Most loan officer positions in Tucson 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.