Business & Finance Los Angeles, CA Pop. 3,898,747

Loan Officer Salary in Los Angeles, California

The median loan officer salary in Los Angeles, CA is $95,980 per year, which is 46.0% above the national median and 5.8% above the California state average.

City Median
$95,980
vs State Avg
+$5,259
vs National
+$30,240
Cost of Living
146%

Loan Officer Salary in Los Angeles by Experience

In Los Angeles, an entry-level loan officer earns around $55,480, while experienced professionals earn up to $189,800 per year. The local cost of living index is 146% of the national average.

Entry Level (0-2 yrs)
$55,480
+$17,480 vs national
Mid Level (3-7 yrs)
$96,360
+$30,360 vs national
Senior Level (8+ yrs)
$189,800
+$59,800 vs national

Salary Percentiles in Los Angeles, CA

Percentile Los Angeles
10th Percentile $51,392
25th Percentile $66,284
Median (50th) $95,980
75th Percentile $146,000
90th Percentile $224,548

Loan Officer Salary in Other California Cities

San Francisco, CA
$119,647
Pop. 873,965
San Jose, CA
$110,443
Pop. 1,013,240
San Diego, CA
$93,351
Pop. 1,386,932
Sacramento, CA
$77,573
Pop. 524,943

How to Become a Loan Officer in Los Angeles

Education

Most loan officer positions require a bachelor's degree. Los Angeles and the surrounding California 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 Los Angeles may vary based on local industry and population growth.

Find Loan Officer Jobs in Los Angeles

Browse open loan officer positions in Los Angeles, CA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Los Angeles

How much does a Loan Officer make in Los Angeles, CA? ▼
The median loan officer salary in Los Angeles, California is $95,980 per year, which is 46.0% above the national median of $65,740. Salaries range from $51,392 (10th percentile) to $224,548 (90th percentile).
How much does a Loan Officer make per hour in Los Angeles? ▼
Based on the median annual salary of $95,980, a loan officer in Los Angeles earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Los Angeles compare to the California state average for loan officer pay? ▼
Los Angeles's median loan officer salary of $95,980 is 5.8% above the California state average of $90,721. The local cost of living index is 146% of the national average.
What is the cost of living in Los Angeles, CA? ▼
Los Angeles has a cost of living index of 146% compared to the national average. This means a loan officer salary of $95,980 in Los Angeles has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Los Angeles? ▼
Most loan officer positions in Los Angeles 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.