Business & Finance Bellevue, WA Pop. 151,854

Loan Officer Salary in Bellevue, Washington

The median loan officer salary in Bellevue, WA is $99,925 per year, which is 52.0% above the national median and 32.2% above the Washington state average.

City Median
$99,925
vs State Avg
+$24,324
vs National
+$34,185
Cost of Living
152%

Loan Officer Salary in Bellevue by Experience

In Bellevue, an entry-level loan officer earns around $57,760, while experienced professionals earn up to $197,600 per year. The local cost of living index is 152% of the national average.

Entry Level (0-2 yrs)
$57,760
+$19,760 vs national
Mid Level (3-7 yrs)
$100,320
+$34,320 vs national
Senior Level (8+ yrs)
$197,600
+$67,600 vs national

Salary Percentiles in Bellevue, WA

Percentile Bellevue
10th Percentile $53,504
25th Percentile $69,008
Median (50th) $99,925
75th Percentile $152,000
90th Percentile $233,776

Loan Officer Salary in Other Washington Cities

Seattle, WA
$97,295
Pop. 737,015
Tacoma, WA
$72,314
Pop. 219,346
Vancouver, WA
$67,055
Pop. 190,915
Spokane, WA
$60,481
Pop. 228,989

How to Become a Loan Officer in Bellevue

Education

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

Find Loan Officer Jobs in Bellevue

Browse open loan officer positions in Bellevue, WA:

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Frequently Asked Questions: Loan Officer Salary in Bellevue

How much does a Loan Officer make in Bellevue, WA? ▼
The median loan officer salary in Bellevue, Washington is $99,925 per year, which is 52.0% above the national median of $65,740. Salaries range from $53,504 (10th percentile) to $233,776 (90th percentile).
How much does a Loan Officer make per hour in Bellevue? ▼
Based on the median annual salary of $99,925, a loan officer in Bellevue earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Bellevue compare to the Washington state average for loan officer pay? ▼
Bellevue's median loan officer salary of $99,925 is 32.2% above the Washington state average of $75,601. The local cost of living index is 152% of the national average.
What is the cost of living in Bellevue, WA? ▼
Bellevue has a cost of living index of 152% compared to the national average. This means a loan officer salary of $99,925 in Bellevue has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Bellevue? ▼
Most loan officer positions in Bellevue 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.