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

Kailua, HI
$111,758
Pop. 38,635
Pearl City, HI
$110,443
Pop. 47,698
Waipahu, HI
$106,499
Pop. 38,216
Hilo, HI
$99,925
Pop. 45,703

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.

Find Loan Officer Jobs in Honolulu

Browse open loan officer positions in Honolulu, HI:

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Frequently Asked Questions: Loan Officer Salary in Honolulu

How much does a Loan Officer make in Honolulu, HI? ▼
The median loan officer salary in Honolulu, Hawaii is $115,045 per year, which is 75.0% above the national median of $65,740. Salaries range from $61,600 (10th percentile) to $269,150 (90th percentile).
How much does a Loan Officer make per hour in Honolulu? ▼
Based on the median annual salary of $115,045, a loan officer in Honolulu earns approximately $55 per hour assuming a standard 2,080-hour work year.
How does Honolulu compare to the Hawaii state average for loan officer pay? ▼
Honolulu's median loan officer salary of $115,045 is 2.9% above the Hawaii state average of $111,758. The local cost of living index is 175% of the national average.
What is the cost of living in Honolulu, HI? ▼
Honolulu has a cost of living index of 175% compared to the national average. This means a loan officer salary of $115,045 in Honolulu has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Honolulu? ▼
Most loan officer positions in Honolulu 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.