Business & Finance Hillsboro, OR Pop. 106,447

Loan Officer Salary in Hillsboro, Oregon

The median loan officer salary in Hillsboro, OR is $73,629 per year, which is 12.0% above the national median and 1.8% above the Oregon state average.

City Median
$73,629
vs State Avg
+$1,315
vs National
+$7,889
Cost of Living
112%

Loan Officer Pay in Hillsboro: What to Expect (2026)

Hillsboro offers a median loan officer salary of $73,629, which is $1,315 above the Oregon state average of $72,314. Compared to the national median of $65,740, Hillsboro pays above average for this role.

However, Hillsboro's cost of living index is 112%, significantly above the national average. After adjusting for local costs, the $73,629 salary has an effective purchasing power of approximately $65,740. Housing, transportation, and food costs in Hillsboro should be factored into any relocation or job-change decision.

The salary range for loan officers in Hillsboro spans from $39,424 at the 10th percentile to $172,256 at the 90th percentile — a $132,832 spread. Entry-level professionals start around $42,560, while senior loan officers with 8+ years of experience can earn up to $145,600. With a population of 106,447, Hillsboro is a mid-sized metro with a growing job market.

Loan Officer Salary in Hillsboro by Experience

In Hillsboro, an entry-level loan officer earns around $42,560, while experienced professionals earn up to $145,600 per year. The local cost of living index is 112% of the national average.

Entry Level (0-2 yrs)
$42,560
+$4,560 vs national
Mid Level (3-7 yrs)
$73,920
+$7,920 vs national
Senior Level (8+ yrs)
$145,600
+$15,600 vs national

Salary Percentiles in Hillsboro, OR

Percentile Hillsboro
10th Percentile $39,424
25th Percentile $50,848
Median (50th) $73,629
75th Percentile $112,000
90th Percentile $172,256

Loan Officer Salary in Other Oregon Cities

Portland, OR
$77,573
Pop. 652,503
Gresham, OR
$70,999
Pop. 113,103
Eugene, OR
$69,027
Pop. 176,654
Salem, OR
$67,055
Pop. 175,535

How to Become a Loan Officer in Hillsboro

Education

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

Find Loan Officer Jobs in Hillsboro

Browse open loan officer positions in Hillsboro, OR:

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Frequently Asked Questions: Loan Officer Salary in Hillsboro

How much does a Loan Officer make in Hillsboro, OR? ▼
The median loan officer salary in Hillsboro, Oregon is $73,629 per year, which is 12.0% above the national median of $65,740. Salaries range from $39,424 (10th percentile) to $172,256 (90th percentile).
How much does a Loan Officer make per hour in Hillsboro? ▼
Based on the median annual salary of $73,629, a loan officer in Hillsboro earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Hillsboro compare to the Oregon state average for loan officer pay? ▼
Hillsboro's median loan officer salary of $73,629 is 1.8% above the Oregon state average of $72,314. The local cost of living index is 112% of the national average.
What is the cost of living in Hillsboro, OR? ▼
Hillsboro has a cost of living index of 112% compared to the national average. This means a loan officer salary of $73,629 in Hillsboro has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Hillsboro? ▼
Most loan officer positions in Hillsboro 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.