Business & Finance Stamford, CT Pop. 135,470

Loan Officer Salary in Stamford, Connecticut

The median loan officer salary in Stamford, CT is $95,980 per year, which is 46.0% above the national median and 21.7% above the Connecticut state average.

City Median
$95,980
vs State Avg
+$17,092
vs National
+$30,240
Cost of Living
138%

Loan Officer Salary in Stamford by Experience

In Stamford, an entry-level loan officer earns around $55,480, while experienced professionals earn up to $189,800 per year. The local cost of living index is 138% of the national average.

Entry Level (0-2 yrs)
$55,480
+$17,480 vs national
Mid Level (3-7 yrs)
$96,360
+$30,360 vs national
Senior Level (8+ yrs)
$189,800
+$59,800 vs national

Salary Percentiles in Stamford, CT

Percentile Stamford
10th Percentile $51,392
25th Percentile $66,284
Median (50th) $95,980
75th Percentile $146,000
90th Percentile $224,548

Loan Officer Salary in Other Connecticut Cities

How to Become a Loan Officer in Stamford

Education

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