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

San Francisco, CA
$119,647
Pop. 873,965
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 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.

Find Loan Officer Jobs in San Jose

Browse open loan officer positions in San Jose, CA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in San Jose

How much does a Loan Officer make in San Jose, CA? ▼
The median loan officer salary in San Jose, California is $110,443 per year, which is 68.0% above the national median of $65,740. Salaries range from $59,136 (10th percentile) to $258,384 (90th percentile).
How much does a Loan Officer make per hour in San Jose? ▼
Based on the median annual salary of $110,443, a loan officer in San Jose earns approximately $53 per hour assuming a standard 2,080-hour work year.
How does San Jose compare to the California state average for loan officer pay? ▼
San Jose's median loan officer salary of $110,443 is 21.7% above the California state average of $90,721. The local cost of living index is 168% of the national average.
What is the cost of living in San Jose, CA? ▼
San Jose has a cost of living index of 168% compared to the national average. This means a loan officer salary of $110,443 in San Jose 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 Jose? ▼
Most loan officer positions in San Jose 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.