Loan Officer Salary in Utah
The median loan officer salary in Utah is $63,768 per year, which is 3% below the national median of $65,740.
Loan Officer Salary Overview in Utah (2026)
Utah ranks #24 out of 50 states for loan officer compensation. Utah falls in the middle of the pack for loan officer pay, offering salaries near the national average. At $63,768 per year, loan officers in Utah earn $1,972 less than the national median of $65,740.
Utah's cost of living is near the national average at 97%, meaning loan officer salaries here translate closely to their face value in purchasing power.
The salary spread in Utah is significant: loan officers at the 10th percentile earn $34,144, while those at the 90th percentile bring home $149,186 — a $115,042 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Utah for this role is Salt Lake City, where the median reaches $67,055.
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.
Loan Officer Salary in Utah by Experience
In Utah, an entry-level loan officer earns around $36,860, while experienced professionals earn up to $126,100 per year. The cost of living index in Utah is 97% of the national average.
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See Investment Options →Salary Percentiles in Utah
| Percentile | UT Salary |
|---|---|
| 10th Percentile | $34,144 |
| 25th Percentile | $44,038 |
| Median (50th) | $63,768 |
| 75th Percentile | $97,000 |
| 90th Percentile | $149,186 |
Loan Officer Salary by City in Utah
The largest employment areas for loan officers in Utah include Salt Lake City, West Valley City, Provo, and West Jordan. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Utah
Education
Most loan officer positions require a bachelor's degree. Utah has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Utah
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Utah's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $62,332 over your career trajectory.
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