Business & Finance Sacramento, CA Pop. 524,943

Loan Officer Salary in Sacramento, California

The median loan officer salary in Sacramento, CA is $77,573 per year, which is 18.0% above the national median and 14.5% below the California state average.

City Median
$77,573
vs State Avg
$-13,148
vs National
+$11,833
Cost of Living
118%

Loan Officer Salary in Sacramento by Experience

In Sacramento, an entry-level loan officer earns around $44,840, while experienced professionals earn up to $153,400 per year. The local cost of living index is 118% of the national average.

Entry Level (0-2 yrs)
$44,840
+$6,840 vs national
Mid Level (3-7 yrs)
$77,880
+$11,880 vs national
Senior Level (8+ yrs)
$153,400
+$23,400 vs national

Salary Percentiles in Sacramento, CA

Percentile Sacramento
10th Percentile $41,536
25th Percentile $53,572
Median (50th) $77,573
75th Percentile $118,000
90th Percentile $181,484

Loan Officer Salary in Other California Cities

San Francisco, CA
$119,647
Pop. 873,965
San Jose, CA
$110,443
Pop. 1,013,240
Los Angeles, CA
$95,980
Pop. 3,898,747
San Diego, CA
$93,351
Pop. 1,386,932

How to Become a Loan Officer in Sacramento

Education

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

Find Loan Officer Jobs in Sacramento

Browse open loan officer positions in Sacramento, CA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Sacramento

How much does a Loan Officer make in Sacramento, CA? ▼
The median loan officer salary in Sacramento, California is $77,573 per year, which is 18.0% above the national median of $65,740. Salaries range from $41,536 (10th percentile) to $181,484 (90th percentile).
How much does a Loan Officer make per hour in Sacramento? ▼
Based on the median annual salary of $77,573, a loan officer in Sacramento earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Sacramento compare to the California state average for loan officer pay? ▼
Sacramento's median loan officer salary of $77,573 is 14.5% below the California state average of $90,721. The local cost of living index is 118% of the national average.
What is the cost of living in Sacramento, CA? ▼
Sacramento has a cost of living index of 118% compared to the national average. This means a loan officer salary of $77,573 in Sacramento has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Sacramento? ▼
Most loan officer positions in Sacramento 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.