Business & Finance Gresham, OR Pop. 113,103

Loan Officer Salary in Gresham, Oregon

The median loan officer salary in Gresham, OR is $70,999 per year, which is 8.0% above the national median and 1.8% below the Oregon state average.

City Median
$70,999
vs State Avg
$-1,315
vs National
+$5,259
Cost of Living
108%

Loan Officer Salary in Gresham by Experience

In Gresham, an entry-level loan officer earns around $41,040, while experienced professionals earn up to $140,400 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$41,040
+$3,040 vs national
Mid Level (3-7 yrs)
$71,280
+$5,280 vs national
Senior Level (8+ yrs)
$140,400
+$10,400 vs national

Salary Percentiles in Gresham, OR

Percentile Gresham
10th Percentile $38,016
25th Percentile $49,032
Median (50th) $70,999
75th Percentile $108,000
90th Percentile $166,104

Loan Officer Salary in Other Oregon Cities

Portland, OR
$77,573
Pop. 652,503
Hillsboro, OR
$73,629
Pop. 106,447
Eugene, OR
$69,027
Pop. 176,654
Salem, OR
$67,055
Pop. 175,535

How to Become a Loan Officer in Gresham

Education

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

Find Loan Officer Jobs in Gresham

Browse open loan officer positions in Gresham, OR:

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Frequently Asked Questions: Loan Officer Salary in Gresham

How much does a Loan Officer make in Gresham, OR? ▼
The median loan officer salary in Gresham, Oregon is $70,999 per year, which is 8.0% above the national median of $65,740. Salaries range from $38,016 (10th percentile) to $166,104 (90th percentile).
How much does a Loan Officer make per hour in Gresham? ▼
Based on the median annual salary of $70,999, a loan officer in Gresham earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Gresham compare to the Oregon state average for loan officer pay? ▼
Gresham's median loan officer salary of $70,999 is 1.8% below the Oregon state average of $72,314. The local cost of living index is 108% of the national average.
What is the cost of living in Gresham, OR? ▼
Gresham has a cost of living index of 108% compared to the national average. This means a loan officer salary of $70,999 in Gresham has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Gresham? ▼
Most loan officer positions in Gresham 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.