Business & Finance California (CA) Rank #3 of 50

Loan Officer Salary in California

The median loan officer salary in California is $90,721 per year, which is 38.0% above the national median of $65,740.

Median Salary
$90,721
vs National
+$24,981
State Rank
#3 of 50
Cost of Living
138%

Loan Officer Salary in California by Experience

In California, an entry-level loan officer earns around $52,440, while experienced professionals earn up to $179,400 per year. The cost of living index in California is 138% of the national average.

Entry Level (0-2 yrs)
$52,440
+$14,440 vs national
Mid Level (3-7 yrs)
$91,080
+$25,080 vs national
Senior Level (8+ yrs)
$179,400
+$49,400 vs national

Salary Percentiles in California

Percentile CA Salary
10th Percentile $48,576
25th Percentile $62,652
Median (50th) $90,721
75th Percentile $138,000
90th Percentile $212,244

Loan Officer Salary by City in California

The largest employment areas for loan officers in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries vary by city based on local cost of living and demand.

How to Become a Loan Officer in California

Education

Most loan officer positions require a bachelor's degree. California has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in California

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). California's demand may vary based on local industry trends.