Business & Finance Vermont (VT) Rank #17 of 50

Loan Officer Salary in Vermont

The median loan officer salary in Vermont is $66,397 per year, which is 1.0% above the national median of $65,740.

Median Salary
$66,397
vs National
+$657
State Rank
#17 of 50
Cost of Living
101%

Loan Officer Salary Overview in Vermont (2026)

Vermont ranks #17 out of 50 states for loan officer compensation. Vermont falls in the middle of the pack for loan officer pay, offering salaries near the national average. At $66,397 per year, loan officers in Vermont earn $657 more than the national median of $65,740.

Vermont's cost of living is near the national average at 101%, meaning loan officer salaries here translate closely to their face value in purchasing power.

The salary spread in Vermont is significant: loan officers at the 10th percentile earn $35,552, while those at the 90th percentile bring home $155,338 — a $119,786 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Vermont for this role is Burlington, where the median reaches $72,314.

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 Vermont by Experience

In Vermont, an entry-level loan officer earns around $38,380, while experienced professionals earn up to $131,300 per year. The cost of living index in Vermont is 101% of the national average.

Entry Level (0-2 yrs)
$38,380
+$380 vs national
Mid Level (3-7 yrs)
$66,660
+$660 vs national
Senior Level (8+ yrs)
$131,300
+$1,300 vs national

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Salary Percentiles in Vermont

Percentile VT Salary
10th Percentile $35,552
25th Percentile $45,854
Median (50th) $66,397
75th Percentile $101,000
90th Percentile $155,338

Loan Officer Salary by City in Vermont

The largest employment areas for loan officers in Vermont include Burlington, Essex, South Burlington, and Colchester. Salaries vary by city based on local cost of living and demand.

How to Become a Loan Officer in Vermont

Education

Most loan officer positions require a bachelor's degree. Vermont has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in Vermont

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Vermont's demand may vary based on local industry trends.

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Frequently Asked Questions: Loan Officer Salary in Vermont

How much does a Loan Officer make in Vermont? ▼
The median loan officer salary in Vermont is $66,397 per year, which is 1.0% above the national median of $65,740. Salaries range from $35,552 (10th percentile) to $155,338 (90th percentile).
How much does a Loan Officer make per hour in Vermont? ▼
Based on the median annual salary of $66,397, a loan officer in Vermont earns approximately $32 per hour assuming a standard 2,080-hour work year.
Is Vermont a good state for loan officers? ▼
Vermont ranks #17 out of 50 states for loan officer pay. The cost of living index is 101% of the national average. Entry-level loan officers earn $38,380, while senior professionals earn $131,300.
How does Vermont compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. Vermont's median of $66,397 ranks #17 nationally. Nearby-ranked states include Colorado ($69,027) and Illinois ($66,397).
What is the entry-level loan officer salary in Vermont? ▼
An entry-level loan officer in Vermont earns approximately $38,380 per year. With 3-7 years of experience, pay increases to around $66,660. Senior-level professionals with 8+ years earn up to $131,300.
What city in Vermont pays loan officers the most? ▼
Burlington is the highest paying city in Vermont for loan officers, with a median salary of $72,314. Other cities include Essex and South Burlington.