Business & Finance Virginia Beach, VA Pop. 449,974

Loan Officer Salary in Virginia Beach, Virginia

The median loan officer salary in Virginia Beach, VA is $70,342 per year, which is 7.0% above the national median and 1.8% below the Virginia state average.

City Median
$70,342
vs State Avg
$-1,315
vs National
+$4,602
Cost of Living
102%

Loan Officer Pay in Virginia Beach: What to Expect (2026)

Virginia Beach offers a median loan officer salary of $70,342, which is $1,315 below the Virginia state average of $71,657. Compared to the national median of $65,740, Virginia Beach pays above average for this role.

Virginia Beach's cost of living is 102% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for loan officers in Virginia Beach spans from $37,664 at the 10th percentile to $164,566 at the 90th percentile — a $126,902 spread. Entry-level professionals start around $40,660, while senior loan officers with 8+ years of experience can earn up to $139,100. With a population of 449,974, Virginia Beach is a mid-sized metro with a growing job market.

Loan Officer Salary in Virginia Beach by Experience

In Virginia Beach, an entry-level loan officer earns around $40,660, while experienced professionals earn up to $139,100 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$40,660
+$2,660 vs national
Mid Level (3-7 yrs)
$70,620
+$4,620 vs national
Senior Level (8+ yrs)
$139,100
+$9,100 vs national

Salary Percentiles in Virginia Beach, VA

Percentile Virginia Beach
10th Percentile $37,664
25th Percentile $48,578
Median (50th) $70,342
75th Percentile $107,000
90th Percentile $164,566

Loan Officer Salary in Other Virginia Cities

Arlington, VA
$90,064
Pop. 238,643
Richmond, VA
$69,027
Pop. 226,610
Chesapeake, VA
$67,712
Pop. 249,422
Norfolk, VA
$66,397
Pop. 238,005

How to Become a Loan Officer in Virginia Beach

Education

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

Find Loan Officer Jobs in Virginia Beach

Browse open loan officer positions in Virginia Beach, VA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Virginia Beach

How much does a Loan Officer make in Virginia Beach, VA? ▼
The median loan officer salary in Virginia Beach, Virginia is $70,342 per year, which is 7.0% above the national median of $65,740. Salaries range from $37,664 (10th percentile) to $164,566 (90th percentile).
How much does a Loan Officer make per hour in Virginia Beach? ▼
Based on the median annual salary of $70,342, a loan officer in Virginia Beach earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Virginia Beach compare to the Virginia state average for loan officer pay? ▼
Virginia Beach's median loan officer salary of $70,342 is 1.8% below the Virginia state average of $71,657. The local cost of living index is 102% of the national average.
What is the cost of living in Virginia Beach, VA? ▼
Virginia Beach has a cost of living index of 102% compared to the national average. This means a loan officer salary of $70,342 in Virginia Beach has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Virginia Beach? ▼
Most loan officer positions in Virginia Beach 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.