Loan Officer Salary in Orem, Utah
The median loan officer salary in Orem, UT is $62,453 per year, which is 5% below the national median and 2.1% below the Utah state average.
Loan Officer Pay in Orem: What to Expect (2026)
Orem offers a median loan officer salary of $62,453, which is $1,315 below the Utah state average of $63,768. Compared to the national median of $65,740, Orem pays below the national benchmark for this role.
Orem's cost of living is 95% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Orem spans from $33,440 at the 10th percentile to $146,110 at the 90th percentile — a $112,670 spread. Entry-level professionals start around $36,100, while senior loan officers with 8+ years of experience can earn up to $123,500. Orem is a smaller market (pop. 97,499), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Orem by Experience
In Orem, an entry-level loan officer earns around $36,100, while experienced professionals earn up to $123,500 per year. The local cost of living index is 95% of the national average.
Salary Percentiles in Orem, UT
| Percentile | Orem |
|---|---|
| 10th Percentile | $33,440 |
| 25th Percentile | $43,130 |
| Median (50th) | $62,453 |
| 75th Percentile | $95,000 |
| 90th Percentile | $146,110 |
Loan Officer Salary in Other Utah Cities
How to Become a Loan Officer in Orem
Education
Most loan officer positions require a bachelor's degree. Orem and the surrounding Utah 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 Orem may vary based on local industry and population growth.
Find Loan Officer Jobs in Orem
Browse open loan officer positions in Orem, UT: