Loan Officer Salary in West Fargo, ND: $61,138 (2026)

Loan Officer Pay in West Fargo: What to Expect (2026)

West Fargo offers a median loan officer salary of $61,138, which is $1,972 above the North Dakota state average of $59,166. Compared to the national median of $65,740, West Fargo pays below the national benchmark for this role.

West Fargo's cost of living is 93% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for loan officers in West Fargo spans from $32,736 at the 10th percentile to $143,034 at the 90th percentile — a $110,298 spread. Entry-level professionals start around $35,340, while senior loan officers with 8+ years of experience can earn up to $120,900. West Fargo is a smaller market (pop. 38,626), which may mean fewer openings but also less competition for available positions.

Loan Officer Salary in West Fargo by Experience

In West Fargo, an entry-level loan officer earns around $35,340, while experienced professionals earn up to $120,900 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)

$35,340

$-2,660 vs national

Mid Level (3-7 yrs)

$61,380

$-4,620 vs national

Senior Level (8+ yrs)

$120,900

$-9,100 vs national

Percentile	West Fargo	ND State	National
10th Percentile	$32,736	$31,680	$35,200
25th Percentile	$42,222	$40,860	$45,400
Median (50th)	$61,138	$59,166	$65,740
75th Percentile	$93,000	$90,000	$100,000
90th Percentile	$143,034	$138,420	$153,800

Percentile

West Fargo

10th Percentile

$32,736

25th Percentile

$42,222

Median (50th)

$61,138

75th Percentile

$93,000

90th Percentile

$143,034

How to Become a Loan Officer in West Fargo

Education

Most loan officer positions require a bachelor's degree. West Fargo and the surrounding North Dakota 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 West Fargo may vary based on local industry and population growth.

Frequently Asked Questions: Loan Officer Salary in West Fargo

How much does a Loan Officer make in West Fargo, ND? ▼

The median loan officer salary in West Fargo, North Dakota is $61,138 per year, which is 7% below the national median of $65,740. Salaries range from $32,736 (10th percentile) to $143,034 (90th percentile).

How much does a Loan Officer make per hour in West Fargo? ▼

Based on the median annual salary of $61,138, a loan officer in West Fargo earns approximately $29 per hour assuming a standard 2,080-hour work year.

How does West Fargo compare to the North Dakota state average for loan officer pay? ▼

West Fargo's median loan officer salary of $61,138 is 3.3% above the North Dakota state average of $59,166. The local cost of living index is 93% of the national average.

What is the cost of living in West Fargo, ND? ▼

West Fargo has a cost of living index of 93% compared to the national average. This means a loan officer salary of $61,138 in West Fargo has more purchasing power than the same salary in an average-cost city.

What qualifications do I need to become a loan officer in West Fargo? ▼

Most loan officer positions in West Fargo 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.

Loan Officer Salary in West Fargo, North Dakota