Business & Finance San Francisco, CA Pop. 873,965

Loan Officer Salary in San Francisco, California

The median loan officer salary in San Francisco, CA is $119,647 per year, which is 82.0% above the national median and 31.9% above the California state average.

City Median
$119,647
vs State Avg
+$28,926
vs National
+$53,907
Cost of Living
182%

Loan Officer Salary in San Francisco by Experience

In San Francisco, an entry-level loan officer earns around $69,160, while experienced professionals earn up to $236,600 per year. The local cost of living index is 182% of the national average.

Entry Level (0-2 yrs)
$69,160
+$31,160 vs national
Mid Level (3-7 yrs)
$120,120
+$54,120 vs national
Senior Level (8+ yrs)
$236,600
+$106,600 vs national

Salary Percentiles in San Francisco, CA

Percentile San Francisco
10th Percentile $64,064
25th Percentile $82,628
Median (50th) $119,647
75th Percentile $182,000
90th Percentile $279,916

Loan Officer Salary in Other California Cities

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
Sacramento, CA
$77,573
Pop. 524,943

How to Become a Loan Officer in San Francisco

Education

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

Find Loan Officer Jobs in San Francisco

Browse open loan officer positions in San Francisco, CA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in San Francisco

How much does a Loan Officer make in San Francisco, CA? ▼
The median loan officer salary in San Francisco, California is $119,647 per year, which is 82.0% above the national median of $65,740. Salaries range from $64,064 (10th percentile) to $279,916 (90th percentile).
How much does a Loan Officer make per hour in San Francisco? ▼
Based on the median annual salary of $119,647, a loan officer in San Francisco earns approximately $58 per hour assuming a standard 2,080-hour work year.
How does San Francisco compare to the California state average for loan officer pay? ▼
San Francisco's median loan officer salary of $119,647 is 31.9% above the California state average of $90,721. The local cost of living index is 182% of the national average.
What is the cost of living in San Francisco, CA? ▼
San Francisco has a cost of living index of 182% compared to the national average. This means a loan officer salary of $119,647 in San Francisco 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 Francisco? ▼
Most loan officer positions in San Francisco 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.