Business & Finance Bozeman, MT Pop. 53,293

Loan Officer Salary in Bozeman, Montana

The median loan officer salary in Bozeman, MT is $75,601 per year, which is 15.0% above the national median and 21.1% above the Montana state average.

City Median
$75,601
vs State Avg
+$13,148
vs National
+$9,861
Cost of Living
115%

Loan Officer Salary in Bozeman by Experience

In Bozeman, an entry-level loan officer earns around $43,700, while experienced professionals earn up to $149,500 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$43,700
+$5,700 vs national
Mid Level (3-7 yrs)
$75,900
+$9,900 vs national
Senior Level (8+ yrs)
$149,500
+$19,500 vs national

Salary Percentiles in Bozeman, MT

Percentile Bozeman
10th Percentile $40,480
25th Percentile $52,210
Median (50th) $75,601
75th Percentile $115,000
90th Percentile $176,870

Loan Officer Salary in Other Montana Cities

How to Become a Loan Officer in Bozeman

Education

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

Find Loan Officer Jobs in Bozeman

Browse open loan officer positions in Bozeman, MT:

Frequently Asked Questions: Loan Officer Salary in Bozeman

How much does a Loan Officer make in Bozeman, MT?
The median loan officer salary in Bozeman, Montana is $75,601 per year, which is 15.0% above the national median of $65,740. Salaries range from $40,480 (10th percentile) to $176,870 (90th percentile).
How much does a Loan Officer make per hour in Bozeman?
Based on the median annual salary of $75,601, a loan officer in Bozeman earns approximately $36 per hour assuming a standard 2,080-hour work year.
How does Bozeman compare to the Montana state average for loan officer pay?
Bozeman's median loan officer salary of $75,601 is 21.1% above the Montana state average of $62,453. The local cost of living index is 115% of the national average.
What is the cost of living in Bozeman, MT?
Bozeman has a cost of living index of 115% compared to the national average. This means a loan officer salary of $75,601 in Bozeman has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Bozeman?
Most loan officer positions in Bozeman 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.