Loan Officer Salary in Pennsylvania
The median loan officer salary in Pennsylvania is $65,740 per year, which is 0.0% above the national median of $65,740.
Loan Officer Salary in Pennsylvania by Experience
In Pennsylvania, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The cost of living index in Pennsylvania is 96% of the national average.
Salary Percentiles in Pennsylvania
| Percentile | PA Salary |
|---|---|
| 10th Percentile | $35,200 |
| 25th Percentile | $45,400 |
| Median (50th) | $65,740 |
| 75th Percentile | $100,000 |
| 90th Percentile | $153,800 |
Major Cities for Loan Officers in Pennsylvania
The largest employment areas for loan officers in Pennsylvania include Philadelphia, Pittsburgh, Allentown, and Reading. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Pennsylvania
Education
Most loan officer positions require a bachelor's degree. Pennsylvania has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Pennsylvania
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Pennsylvania's demand may vary based on local industry trends.