Business & Finance Provo, UT
Pop. 115,162
Loan Officer Salary in Provo, Utah
The median loan officer salary in Provo, UT is $63,110 per year, which is 4% below the national median and 1% below the Utah state average.
City Median
$63,110
vs State Avg
$-658
vs National
$-2,630
Cost of Living
96%
Loan Officer Salary in Provo by Experience
In Provo, an entry-level loan officer earns around $36,480, while experienced professionals earn up to $124,800 per year. The local cost of living index is 96% of the national average.
Entry Level (0-2 yrs)
$36,480
$-1,520 vs national
Mid Level (3-7 yrs)
$63,360
$-2,640 vs national
Senior Level (8+ yrs)
$124,800
$-5,200 vs national
Salary Percentiles in Provo, UT
| Percentile | Provo |
|---|---|
| 10th Percentile | $33,792 |
| 25th Percentile | $43,584 |
| Median (50th) | $63,110 |
| 75th Percentile | $96,000 |
| 90th Percentile | $147,648 |
Loan Officer Salary in Other Utah Cities
How to Become a Loan Officer in Provo
Education
Most loan officer positions require a bachelor's degree. Provo and the surrounding Utah area have institutions offering relevant programs.
Key Skills
Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Provo may vary based on local industry and population growth.