Business & Finance Oregon (OR) Rank #10 of 50

Loan Officer Salary in Oregon

The median loan officer salary in Oregon is $72,314 per year, which is 10.0% above the national median of $65,740.

Median Salary
$72,314
vs National
+$6,574
State Rank
#10 of 50
Cost of Living
110%

Loan Officer Salary in Oregon by Experience

In Oregon, an entry-level loan officer earns around $41,800, while experienced professionals earn up to $143,000 per year. The cost of living index in Oregon is 110% of the national average.

Entry Level (0-2 yrs)
$41,800
+$3,800 vs national
Mid Level (3-7 yrs)
$72,600
+$6,600 vs national
Senior Level (8+ yrs)
$143,000
+$13,000 vs national

Salary Percentiles in Oregon

Percentile OR Salary
10th Percentile $38,720
25th Percentile $49,940
Median (50th) $72,314
75th Percentile $110,000
90th Percentile $169,180

Major Cities for Loan Officers in Oregon

The largest employment areas for loan officers in Oregon include Portland, Salem, Eugene, and Gresham. Salaries in major metro areas may be higher due to increased demand and cost of living.

Portland, OR
Metro area for loan officer employment
Salem, OR
Metro area for loan officer employment
Eugene, OR
Metro area for loan officer employment
Gresham, OR
Metro area for loan officer employment
Hillsboro, OR
Metro area for loan officer employment

How to Become a Loan Officer in Oregon

Education

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

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in Oregon

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