Business & Finance Columbus, OH Pop. 905,748

Loan Officer Salary in Columbus, Ohio

The median loan officer salary in Columbus, OH is $62,453 per year, which is 5% below the national median and 5.6% above the Ohio state average.

City Median
$62,453
vs State Avg
+$3,287
vs National
$-3,287
Cost of Living
95%

Loan Officer Salary in Columbus by Experience

In Columbus, an entry-level loan officer earns around $36,100, while experienced professionals earn up to $123,500 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$36,100
$-1,900 vs national
Mid Level (3-7 yrs)
$62,700
$-3,300 vs national
Senior Level (8+ yrs)
$123,500
$-6,500 vs national

Salary Percentiles in Columbus, OH

Percentile Columbus
10th Percentile $33,440
25th Percentile $43,130
Median (50th) $62,453
75th Percentile $95,000
90th Percentile $146,110

Loan Officer Salary in Other Ohio Cities

Cincinnati, OH
$59,166
Pop. 309,317
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 Columbus

Education

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

Find Loan Officer Jobs in Columbus

Browse open loan officer positions in Columbus, OH:

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Frequently Asked Questions: Loan Officer Salary in Columbus

How much does a Loan Officer make in Columbus, OH? ▼
The median loan officer salary in Columbus, Ohio is $62,453 per year, which is 5% below the national median of $65,740. Salaries range from $33,440 (10th percentile) to $146,110 (90th percentile).
How much does a Loan Officer make per hour in Columbus? ▼
Based on the median annual salary of $62,453, a loan officer in Columbus earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Columbus compare to the Ohio state average for loan officer pay? ▼
Columbus's median loan officer salary of $62,453 is 5.6% above the Ohio state average of $59,166. The local cost of living index is 95% of the national average.
What is the cost of living in Columbus, OH? ▼
Columbus has a cost of living index of 95% compared to the national average. This means a loan officer salary of $62,453 in Columbus has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Columbus? ▼
Most loan officer positions in Columbus 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.