Business & Finance Honolulu, HI
Pop. 350,964
Loan Officer Salary in Honolulu, Hawaii
The median loan officer salary in Honolulu, HI is $115,045 per year, which is 75.0% above the national median and 2.9% above the Hawaii state average.
City Median
$115,045
vs State Avg
+$3,287
vs National
+$49,305
Cost of Living
175%
Loan Officer Salary in Honolulu by Experience
In Honolulu, an entry-level loan officer earns around $66,500, while experienced professionals earn up to $227,500 per year. The local cost of living index is 175% of the national average.
Entry Level (0-2 yrs)
$66,500
+$28,500 vs national
Mid Level (3-7 yrs)
$115,500
+$49,500 vs national
Senior Level (8+ yrs)
$227,500
+$97,500 vs national
Salary Percentiles in Honolulu, HI
| Percentile | Honolulu |
|---|---|
| 10th Percentile | $61,600 |
| 25th Percentile | $79,450 |
| Median (50th) | $115,045 |
| 75th Percentile | $175,000 |
| 90th Percentile | $269,150 |
Loan Officer Salary in Other Hawaii Cities
How to Become a Loan Officer in Honolulu
Education
Most loan officer positions require a bachelor's degree. Honolulu and the surrounding Hawaii 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 Honolulu may vary based on local industry and population growth.