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 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.
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.