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 Overview in California (2026)

California ranks #3 out of 50 states for loan officer compensation. This places California in the top tier nationally, making it one of the best states for loan officers seeking high pay. At $90,721 per year, loan officers in California earn $24,981 more than the national median of $65,740.

It's worth noting that California's cost of living is 138% of the national average, which reduces the real purchasing power of the $90,721 salary. After adjusting for cost of living, the effective salary is closer to $65,740.

The salary spread in California is significant: loan officers at the 10th percentile earn $48,576, while those at the 90th percentile bring home $212,244 — a $163,668 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in California for this role is San Francisco, where the median reaches $119,647.

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.

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

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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.

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Frequently Asked Questions: Loan Officer Salary in California

How much does a Loan Officer make 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. Salaries range from $48,576 (10th percentile) to $212,244 (90th percentile).
How much does a Loan Officer make per hour in California? ▼
Based on the median annual salary of $90,721, a loan officer in California earns approximately $44 per hour assuming a standard 2,080-hour work year.
Is California a good state for loan officers? ▼
California ranks #3 out of 50 states for loan officer pay. The cost of living index is 138% of the national average. Entry-level loan officers earn $52,440, while senior professionals earn $179,400.
How does California compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. California's median of $90,721 ranks #3 nationally. Nearby-ranked states include Hawaii ($111,758) and Massachusetts ($93,351).
What is the entry-level loan officer salary in California? ▼
An entry-level loan officer in California earns approximately $52,440 per year. With 3-7 years of experience, pay increases to around $91,080. Senior-level professionals with 8+ years earn up to $179,400.
What city in California pays loan officers the most? ▼
San Francisco is the highest paying city in California for loan officers, with a median salary of $119,647. Other cities include Los Angeles and San Diego.