Business & Finance San Jose, CA Pop. 1,013,240

Loan Officer Salary in San Jose, California

The median loan officer salary in San Jose, CA is $110,443 per year, which is 68.0% above the national median and 21.7% above the California state average.

City Median
$110,443
vs State Avg
+$19,722
vs National
+$44,703
Cost of Living
168%

Loan Officer Salary in San Jose by Experience

In San Jose, an entry-level loan officer earns around $63,840, while experienced professionals earn up to $218,400 per year. The local cost of living index is 168% of the national average.

Entry Level (0-2 yrs)
$63,840
+$25,840 vs national
Mid Level (3-7 yrs)
$110,880
+$44,880 vs national
Senior Level (8+ yrs)
$218,400
+$88,400 vs national

Salary Percentiles in San Jose, CA

Percentile San Jose
10th Percentile $59,136
25th Percentile $76,272
Median (50th) $110,443
75th Percentile $168,000
90th Percentile $258,384

Loan Officer Salary in Other California Cities

How to Become a Loan Officer in San Jose

Education

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