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.
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.
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 |
Major Cities for Loan Officers in California
The largest employment areas for loan officers in California include Los Angeles, San Francisco, San Diego, and San Jose. Salaries in major metro areas may be higher due to increased demand and cost of living.
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
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.