Business & Finance San Diego, CA Pop. 1,386,932

Loan Officer Salary in San Diego, California

The median loan officer salary in San Diego, CA is $93,351 per year, which is 42.0% above the national median and 2.9% above the California state average.

City Median
$93,351
vs State Avg
+$2,630
vs National
+$27,611
Cost of Living
142%

Loan Officer Salary in San Diego by Experience

In San Diego, an entry-level loan officer earns around $53,960, while experienced professionals earn up to $184,600 per year. The local cost of living index is 142% of the national average.

Entry Level (0-2 yrs)
$53,960
+$15,960 vs national
Mid Level (3-7 yrs)
$93,720
+$27,720 vs national
Senior Level (8+ yrs)
$184,600
+$54,600 vs national

Salary Percentiles in San Diego, CA

Percentile San Diego
10th Percentile $49,984
25th Percentile $64,468
Median (50th) $93,351
75th Percentile $142,000
90th Percentile $218,396

Loan Officer Salary in Other California Cities

How to Become a Loan Officer in San Diego

Education

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

Find Loan Officer Jobs in San Diego

Browse open loan officer positions in San Diego, CA:

Frequently Asked Questions: Loan Officer Salary in San Diego

How much does a Loan Officer make in San Diego, CA?
The median loan officer salary in San Diego, California is $93,351 per year, which is 42.0% above the national median of $65,740. Salaries range from $49,984 (10th percentile) to $218,396 (90th percentile).
How much does a Loan Officer make per hour in San Diego?
Based on the median annual salary of $93,351, a loan officer in San Diego earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does San Diego compare to the California state average for loan officer pay?
San Diego's median loan officer salary of $93,351 is 2.9% above the California state average of $90,721. The local cost of living index is 142% of the national average.
What is the cost of living in San Diego, CA?
San Diego has a cost of living index of 142% compared to the national average. This means a loan officer salary of $93,351 in San Diego has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in San Diego?
Most loan officer positions in San Diego 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.