Business & Finance Denver, CO Pop. 715,522

Loan Officer Salary in Denver, Colorado

The median loan officer salary in Denver, CO is $73,629 per year, which is 12.0% above the national median and 6.7% above the Colorado state average.

City Median
$73,629
vs State Avg
+$4,602
vs National
+$7,889
Cost of Living
112%

Loan Officer Salary in Denver by Experience

In Denver, an entry-level loan officer earns around $42,560, while experienced professionals earn up to $145,600 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$42,560
+$4,560 vs national
Mid Level (3-7 yrs)
$73,920
+$7,920 vs national
Senior Level (8+ yrs)
$145,600
+$15,600 vs national

Salary Percentiles in Denver, CO

Percentile Denver
10th Percentile $39,424
25th Percentile $50,848
Median (50th) $73,629
75th Percentile $112,000
90th Percentile $172,256

Loan Officer Salary in Other Colorado Cities

Boulder, CO
$84,147
Pop. 105,673
Fort Collins, CO
$69,684
Pop. 169,810
Aurora, CO
$69,027
Pop. 386,261
Colorado Springs, CO
$65,740
Pop. 478,961

How to Become a Loan Officer in Denver

Education

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

Find Loan Officer Jobs in Denver

Browse open loan officer positions in Denver, CO:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Denver

How much does a Loan Officer make in Denver, CO? ▼
The median loan officer salary in Denver, Colorado is $73,629 per year, which is 12.0% above the national median of $65,740. Salaries range from $39,424 (10th percentile) to $172,256 (90th percentile).
How much does a Loan Officer make per hour in Denver? ▼
Based on the median annual salary of $73,629, a loan officer in Denver earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Denver compare to the Colorado state average for loan officer pay? ▼
Denver's median loan officer salary of $73,629 is 6.7% above the Colorado state average of $69,027. The local cost of living index is 112% of the national average.
What is the cost of living in Denver, CO? ▼
Denver has a cost of living index of 112% compared to the national average. This means a loan officer salary of $73,629 in Denver has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Denver? ▼
Most loan officer positions in Denver 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.