Business & Finance Arlington, VA Pop. 238,643

Loan Officer Salary in Arlington, Virginia

The median loan officer salary in Arlington, VA is $90,064 per year, which is 37.0% above the national median and 25.7% above the Virginia state average.

City Median
$90,064
vs State Avg
+$18,407
vs National
+$24,324
Cost of Living
132%

Loan Officer Salary in Arlington by Experience

In Arlington, an entry-level loan officer earns around $52,060, while experienced professionals earn up to $178,100 per year. The local cost of living index is 132% of the national average.

Entry Level (0-2 yrs)
$52,060
+$14,060 vs national
Mid Level (3-7 yrs)
$90,420
+$24,420 vs national
Senior Level (8+ yrs)
$178,100
+$48,100 vs national

Salary Percentiles in Arlington, VA

Percentile Arlington
10th Percentile $48,224
25th Percentile $62,198
Median (50th) $90,064
75th Percentile $137,000
90th Percentile $210,706

Loan Officer Salary in Other Virginia Cities

How to Become a Loan Officer in Arlington

Education

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

Find Loan Officer Jobs in Arlington

Browse open loan officer positions in Arlington, VA:

Frequently Asked Questions: Loan Officer Salary in Arlington

How much does a Loan Officer make in Arlington, VA?
The median loan officer salary in Arlington, Virginia is $90,064 per year, which is 37.0% above the national median of $65,740. Salaries range from $48,224 (10th percentile) to $210,706 (90th percentile).
How much does a Loan Officer make per hour in Arlington?
Based on the median annual salary of $90,064, a loan officer in Arlington earns approximately $43 per hour assuming a standard 2,080-hour work year.
How does Arlington compare to the Virginia state average for loan officer pay?
Arlington's median loan officer salary of $90,064 is 25.7% above the Virginia state average of $71,657. The local cost of living index is 132% of the national average.
What is the cost of living in Arlington, VA?
Arlington has a cost of living index of 132% compared to the national average. This means a loan officer salary of $90,064 in Arlington has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Arlington?
Most loan officer positions in Arlington 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.