Loan Officer Salary in Reading, Pennsylvania
The median loan officer salary in Reading, PA is $60,481 per year, which is 8% below the national median and 8% below the Pennsylvania state average.
Loan Officer Pay in Reading: What to Expect (2026)
Reading offers a median loan officer salary of $60,481, which is $5,259 below the Pennsylvania state average of $65,740. Compared to the national median of $65,740, Reading pays below the national benchmark for this role.
One of Reading's biggest advantages is its low cost of living at 88% of the national average. This means the $60,481 salary stretches further here — equivalent to roughly $68,728 in an average-cost city. This makes Reading an attractive option for loan officers seeking strong real-dollar compensation.
The salary range for loan officers in Reading spans from $32,384 at the 10th percentile to $141,496 at the 90th percentile — a $109,112 spread. Entry-level professionals start around $34,960, while senior loan officers with 8+ years of experience can earn up to $119,600. Reading is a smaller market (pop. 95,112), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Reading by Experience
In Reading, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The local cost of living index is 88% of the national average.
Salary Percentiles in Reading, PA
| Percentile | Reading |
|---|---|
| 10th Percentile | $32,384 |
| 25th Percentile | $41,768 |
| Median (50th) | $60,481 |
| 75th Percentile | $92,000 |
| 90th Percentile | $141,496 |
Loan Officer Salary in Other Pennsylvania Cities
How to Become a Loan Officer in Reading
Education
Most loan officer positions require a bachelor's degree. Reading and the surrounding Pennsylvania area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Reading may vary based on local industry and population growth.
Find Loan Officer Jobs in Reading
Browse open loan officer positions in Reading, PA: