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

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.