Loan Officer Salary in Colorado
The median loan officer salary in Colorado is $69,027 per year, which is 5.0% above the national median of $65,740.
Loan Officer Salary in Colorado by Experience
In Colorado, an entry-level loan officer earns around $39,900, while experienced professionals earn up to $136,500 per year. The cost of living index in Colorado is 105% of the national average.
Salary Percentiles in Colorado
| Percentile | CO Salary |
|---|---|
| 10th Percentile | $36,960 |
| 25th Percentile | $47,670 |
| Median (50th) | $69,027 |
| 75th Percentile | $105,000 |
| 90th Percentile | $161,490 |
Major Cities for Loan Officers in Colorado
The largest employment areas for loan officers in Colorado include Denver, Colorado Springs, Aurora, and Fort Collins. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Colorado
Education
Most loan officer positions require a bachelor's degree. Colorado has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Colorado
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Colorado's demand may vary based on local industry trends.