Business & Finance Burlington, VT Pop. 44,743

Loan Officer Salary in Burlington, Vermont

The median loan officer salary in Burlington, VT is $72,314 per year, which is 10.0% above the national median and 8.9% above the Vermont state average.

City Median
$72,314
vs State Avg
+$5,917
vs National
+$6,574
Cost of Living
110%

Loan Officer Salary in Burlington by Experience

In Burlington, an entry-level loan officer earns around $41,800, while experienced professionals earn up to $143,000 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$41,800
+$3,800 vs national
Mid Level (3-7 yrs)
$72,600
+$6,600 vs national
Senior Level (8+ yrs)
$143,000
+$13,000 vs national

Salary Percentiles in Burlington, VT

Percentile Burlington
10th Percentile $38,720
25th Percentile $49,940
Median (50th) $72,314
75th Percentile $110,000
90th Percentile $169,180

Loan Officer Salary in Other Vermont Cities

South Burlington, VT
$70,999
Pop. 20,292
Essex, VT
$67,055
Pop. 22,044
Colchester, VT
$65,740
Pop. 17,658
Rutland, VT
$59,166
Pop. 15,807

How to Become a Loan Officer in Burlington

Education

Most loan officer positions require a bachelor's degree. Burlington and the surrounding Vermont 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 Burlington may vary based on local industry and population growth.

Find Loan Officer Jobs in Burlington

Browse open loan officer positions in Burlington, VT:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Burlington

How much does a Loan Officer make in Burlington, VT? ▼
The median loan officer salary in Burlington, Vermont is $72,314 per year, which is 10.0% above the national median of $65,740. Salaries range from $38,720 (10th percentile) to $169,180 (90th percentile).
How much does a Loan Officer make per hour in Burlington? ▼
Based on the median annual salary of $72,314, a loan officer in Burlington earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Burlington compare to the Vermont state average for loan officer pay? ▼
Burlington's median loan officer salary of $72,314 is 8.9% above the Vermont state average of $66,397. The local cost of living index is 110% of the national average.
What is the cost of living in Burlington, VT? ▼
Burlington has a cost of living index of 110% compared to the national average. This means a loan officer salary of $72,314 in Burlington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Burlington? ▼
Most loan officer positions in Burlington require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.