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

New Haven, CT
$77,573
Pop. 134,023
Bridgeport, CT
$76,258
Pop. 148,529
Hartford, CT
$74,286
Pop. 121,054
Waterbury, CT
$69,684
Pop. 114,403

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.

Find Loan Officer Jobs in Stamford

Browse open loan officer positions in Stamford, CT:

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Frequently Asked Questions: Loan Officer Salary in Stamford

How much does a Loan Officer make in Stamford, CT? ▼
The median loan officer salary in Stamford, Connecticut is $95,980 per year, which is 46.0% above the national median of $65,740. Salaries range from $51,392 (10th percentile) to $224,548 (90th percentile).
How much does a Loan Officer make per hour in Stamford? ▼
Based on the median annual salary of $95,980, a loan officer in Stamford earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Stamford compare to the Connecticut state average for loan officer pay? ▼
Stamford's median loan officer salary of $95,980 is 21.7% above the Connecticut state average of $78,888. The local cost of living index is 138% of the national average.
What is the cost of living in Stamford, CT? ▼
Stamford has a cost of living index of 138% compared to the national average. This means a loan officer salary of $95,980 in Stamford has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Stamford? ▼
Most loan officer positions in Stamford 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.