Business & Finance Nevada (NV) Rank #23 of 50

Loan Officer Salary in Nevada

The median loan officer salary in Nevada is $63,768 per year, which is 3% below the national median of $65,740.

Median Salary
$63,768
vs National
$-1,972
State Rank
#23 of 50
Cost of Living
97%

Loan Officer Salary in Nevada by Experience

In Nevada, an entry-level loan officer earns around $36,860, while experienced professionals earn up to $126,100 per year. The cost of living index in Nevada is 97% of the national average.

Entry Level (0-2 yrs)
$36,860
$-1,140 vs national
Mid Level (3-7 yrs)
$64,020
$-1,980 vs national
Senior Level (8+ yrs)
$126,100
$-3,900 vs national

Salary Percentiles in Nevada

Percentile NV Salary
10th Percentile $34,144
25th Percentile $44,038
Median (50th) $63,768
75th Percentile $97,000
90th Percentile $149,186

Major Cities for Loan Officers in Nevada

The largest employment areas for loan officers in Nevada include Las Vegas, Henderson, Reno, and North Las Vegas. Salaries in major metro areas may be higher due to increased demand and cost of living.

Las Vegas, NV
Metro area for loan officer employment
Henderson, NV
Metro area for loan officer employment
Reno, NV
Metro area for loan officer employment
North Las Vegas, NV
Metro area for loan officer employment
Sparks, NV
Metro area for loan officer employment

How to Become a Loan Officer in Nevada

Education

Most loan officer positions require a bachelor's degree. Nevada has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in Nevada

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Nevada's demand may vary based on local industry trends.