Business & Finance Olathe, KS Pop. 141,290

Loan Officer Salary in Olathe, Kansas

The median loan officer salary in Olathe, KS is $61,796 per year, which is 6% below the national median and 8.0% above the Kansas state average.

City Median
$61,796
vs State Avg
+$4,602
vs National
$-3,944
Cost of Living
94%

Loan Officer Salary in Olathe by Experience

In Olathe, an entry-level loan officer earns around $35,720, while experienced professionals earn up to $122,200 per year. The local cost of living index is 94% of the national average.

Entry Level (0-2 yrs)
$35,720
$-2,280 vs national
Mid Level (3-7 yrs)
$62,040
$-3,960 vs national
Senior Level (8+ yrs)
$122,200
$-7,800 vs national

Salary Percentiles in Olathe, KS

Percentile Olathe
10th Percentile $33,088
25th Percentile $42,676
Median (50th) $61,796
75th Percentile $94,000
90th Percentile $144,572

Loan Officer Salary in Other Kansas Cities

How to Become a Loan Officer in Olathe

Education

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

Find Loan Officer Jobs in Olathe

Browse open loan officer positions in Olathe, KS:

Frequently Asked Questions: Loan Officer Salary in Olathe

How much does a Loan Officer make in Olathe, KS?
The median loan officer salary in Olathe, Kansas is $61,796 per year, which is 6% below the national median of $65,740. Salaries range from $33,088 (10th percentile) to $144,572 (90th percentile).
How much does a Loan Officer make per hour in Olathe?
Based on the median annual salary of $61,796, a loan officer in Olathe earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Olathe compare to the Kansas state average for loan officer pay?
Olathe's median loan officer salary of $61,796 is 8.0% above the Kansas state average of $57,194. The local cost of living index is 94% of the national average.
What is the cost of living in Olathe, KS?
Olathe has a cost of living index of 94% compared to the national average. This means a loan officer salary of $61,796 in Olathe has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Olathe?
Most loan officer positions in Olathe 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.