Loan Officer Salary in Washington
The median loan officer salary in Washington is $75,601 per year, which is 15.0% above the national median of $65,740.
Loan Officer Salary in Washington by Experience
In Washington, an entry-level loan officer earns around $43,700, while experienced professionals earn up to $149,500 per year. The cost of living index in Washington is 115% of the national average.
Salary Percentiles in Washington
| Percentile | WA Salary |
|---|---|
| 10th Percentile | $40,480 |
| 25th Percentile | $52,210 |
| Median (50th) | $75,601 |
| 75th Percentile | $115,000 |
| 90th Percentile | $176,870 |
Major Cities for Loan Officers in Washington
The largest employment areas for loan officers in Washington include Seattle, Spokane, Tacoma, and Bellevue. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Washington
Education
Most loan officer positions require a bachelor's degree. Washington has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Washington
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Washington's demand may vary based on local industry trends.