Business & Finance Cincinnati, OH Pop. 309,317

Loan Officer Salary in Cincinnati, Ohio

The median loan officer salary in Cincinnati, OH is $59,166 per year, which is 10% below the national median and 0.0% above the Ohio state average.

City Median
$59,166
vs State Avg
+$0
vs National
$-6,574
Cost of Living
90%

Loan Officer Salary in Cincinnati by Experience

In Cincinnati, an entry-level loan officer earns around $34,200, while experienced professionals earn up to $117,000 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$34,200
$-3,800 vs national
Mid Level (3-7 yrs)
$59,400
$-6,600 vs national
Senior Level (8+ yrs)
$117,000
$-13,000 vs national

Salary Percentiles in Cincinnati, OH

Percentile Cincinnati
10th Percentile $31,680
25th Percentile $40,860
Median (50th) $59,166
75th Percentile $90,000
90th Percentile $138,420

Loan Officer Salary in Other Ohio Cities

Columbus, OH
$62,453
Pop. 905,748
Cleveland, OH
$56,536
Pop. 372,624
Akron, OH
$55,222
Pop. 190,469
Toledo, OH
$53,907
Pop. 270,871

How to Become a Loan Officer in Cincinnati

Education

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

Find Loan Officer Jobs in Cincinnati

Browse open loan officer positions in Cincinnati, OH:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Cincinnati

How much does a Loan Officer make in Cincinnati, OH? ▼
The median loan officer salary in Cincinnati, Ohio is $59,166 per year, which is 10% below the national median of $65,740. Salaries range from $31,680 (10th percentile) to $138,420 (90th percentile).
How much does a Loan Officer make per hour in Cincinnati? ▼
Based on the median annual salary of $59,166, a loan officer in Cincinnati earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Cincinnati compare to the Ohio state average for loan officer pay? ▼
Cincinnati's median loan officer salary of $59,166 is 0.0% above the Ohio state average of $59,166. The local cost of living index is 90% of the national average.
What is the cost of living in Cincinnati, OH? ▼
Cincinnati has a cost of living index of 90% compared to the national average. This means a loan officer salary of $59,166 in Cincinnati has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Cincinnati? ▼
Most loan officer positions in Cincinnati 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.