Business & Finance Missoula, MT Pop. 75,516

Loan Officer Salary in Missoula, Montana

The median loan officer salary in Missoula, MT is $67,055 per year, which is 2.0% above the national median and 7.4% above the Montana state average.

City Median
$67,055
vs State Avg
+$4,602
vs National
+$1,315
Cost of Living
102%

Loan Officer Salary in Missoula by Experience

In Missoula, an entry-level loan officer earns around $38,760, while experienced professionals earn up to $132,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$38,760
+$760 vs national
Mid Level (3-7 yrs)
$67,320
+$1,320 vs national
Senior Level (8+ yrs)
$132,600
+$2,600 vs national

Salary Percentiles in Missoula, MT

Percentile Missoula
10th Percentile $35,904
25th Percentile $46,308
Median (50th) $67,055
75th Percentile $102,000
90th Percentile $156,876

Loan Officer Salary in Other Montana Cities

Bozeman, MT
$75,601
Pop. 53,293
Billings, MT
$63,110
Pop. 117,116
Helena, MT
$61,796
Pop. 32,315
Great Falls, MT
$57,851
Pop. 60,442

How to Become a Loan Officer in Missoula

Education

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

Find Loan Officer Jobs in Missoula

Browse open loan officer positions in Missoula, MT:

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Frequently Asked Questions: Loan Officer Salary in Missoula

How much does a Loan Officer make in Missoula, MT? ▼
The median loan officer salary in Missoula, Montana is $67,055 per year, which is 2.0% above the national median of $65,740. Salaries range from $35,904 (10th percentile) to $156,876 (90th percentile).
How much does a Loan Officer make per hour in Missoula? ▼
Based on the median annual salary of $67,055, a loan officer in Missoula earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Missoula compare to the Montana state average for loan officer pay? ▼
Missoula's median loan officer salary of $67,055 is 7.4% above the Montana state average of $62,453. The local cost of living index is 102% of the national average.
What is the cost of living in Missoula, MT? ▼
Missoula has a cost of living index of 102% compared to the national average. This means a loan officer salary of $67,055 in Missoula has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Missoula? ▼
Most loan officer positions in Missoula 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.