Loan Officer Salary in Ohio
The median loan officer salary in Ohio is $59,166 per year, which is 10% below the national median of $65,740.
Loan Officer Salary in Ohio by Experience
In Ohio, an entry-level loan officer earns around $34,200, while experienced professionals earn up to $117,000 per year. The cost of living index in Ohio is 90% of the national average.
Salary Percentiles in Ohio
| Percentile | OH Salary |
|---|---|
| 10th Percentile | $31,680 |
| 25th Percentile | $40,860 |
| Median (50th) | $59,166 |
| 75th Percentile | $90,000 |
| 90th Percentile | $138,420 |
Loan Officer Salary by City in Ohio
The largest employment areas for loan officers in Ohio include Columbus, Cleveland, Cincinnati, and Toledo. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Ohio
Education
Most loan officer positions require a bachelor's degree. Ohio has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Ohio
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Ohio's demand may vary based on local industry trends.