Business & Finance Colorado Springs, CO Pop. 478,961

Loan Officer Salary in Colorado Springs, Colorado

The median loan officer salary in Colorado Springs, CO is $65,740 per year, which is 0.0% above the national median and 4.8% below the Colorado state average.

City Median
$65,740
vs State Avg
$-3,287
vs National
+$0
Cost of Living
100%

Loan Officer Salary in Colorado Springs by Experience

In Colorado Springs, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$38,000
+$0 vs national
Mid Level (3-7 yrs)
$66,000
+$0 vs national
Senior Level (8+ yrs)
$130,000
+$0 vs national

Salary Percentiles in Colorado Springs, CO

Percentile Colorado Springs
10th Percentile $35,200
25th Percentile $45,400
Median (50th) $65,740
75th Percentile $100,000
90th Percentile $153,800

Loan Officer Salary in Other Colorado Cities

Boulder, CO
$84,147
Pop. 105,673
Denver, CO
$73,629
Pop. 715,522
Fort Collins, CO
$69,684
Pop. 169,810
Aurora, CO
$69,027
Pop. 386,261

How to Become a Loan Officer in Colorado Springs

Education

Most loan officer positions require a bachelor's degree. Colorado Springs and the surrounding Colorado 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 Colorado Springs may vary based on local industry and population growth.

Find Loan Officer Jobs in Colorado Springs

Browse open loan officer positions in Colorado Springs, CO:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Colorado Springs

How much does a Loan Officer make in Colorado Springs, CO? ▼
The median loan officer salary in Colorado Springs, Colorado is $65,740 per year, which is 0.0% above the national median of $65,740. Salaries range from $35,200 (10th percentile) to $153,800 (90th percentile).
How much does a Loan Officer make per hour in Colorado Springs? ▼
Based on the median annual salary of $65,740, a loan officer in Colorado Springs earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Colorado Springs compare to the Colorado state average for loan officer pay? ▼
Colorado Springs's median loan officer salary of $65,740 is 4.8% below the Colorado state average of $69,027. The local cost of living index is 100% of the national average.
What is the cost of living in Colorado Springs, CO? ▼
Colorado Springs has a cost of living index of 100% compared to the national average. This means a loan officer salary of $65,740 in Colorado Springs has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Colorado Springs? ▼
Most loan officer positions in Colorado Springs 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.