Loan Officer Salary in Virginia
The median loan officer salary in Virginia is $71,657 per year, which is 9.0% above the national median of $65,740.
Loan Officer Salary Overview in Virginia (2026)
Virginia ranks #11 out of 50 states for loan officer compensation. Virginia falls in the middle of the pack for loan officer pay, offering salaries near the national average. At $71,657 per year, loan officers in Virginia earn $5,917 more than the national median of $65,740.
Virginia's cost of living is near the national average at 104%, meaning loan officer salaries here translate closely to their face value in purchasing power.
The salary spread in Virginia is significant: loan officers at the 10th percentile earn $38,368, while those at the 90th percentile bring home $167,642 — a $129,274 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Virginia for this role is Arlington, where the median reaches $90,064.
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 Virginia by Experience
In Virginia, an entry-level loan officer earns around $41,420, while experienced professionals earn up to $141,700 per year. The cost of living index in Virginia is 104% of the national average.
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See Investment Options →Salary Percentiles in Virginia
| Percentile | VA Salary |
|---|---|
| 10th Percentile | $38,368 |
| 25th Percentile | $49,486 |
| Median (50th) | $71,657 |
| 75th Percentile | $109,000 |
| 90th Percentile | $167,642 |
Loan Officer Salary by City in Virginia
The largest employment areas for loan officers in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Virginia
Education
Most loan officer positions require a bachelor's degree. Virginia has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Virginia
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Virginia's demand may vary based on local industry trends.
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Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $70,043 over your career trajectory.
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