Business & Finance Seattle, WA Pop. 737,015

Loan Officer Salary in Seattle, Washington

The median loan officer salary in Seattle, WA is $97,295 per year, which is 48.0% above the national median and 28.7% above the Washington state average.

City Median
$97,295
vs State Avg
+$21,694
vs National
+$31,555
Cost of Living
148%

Loan Officer Salary in Seattle by Experience

In Seattle, an entry-level loan officer earns around $56,240, while experienced professionals earn up to $192,400 per year. The local cost of living index is 148% of the national average.

Entry Level (0-2 yrs)
$56,240
+$18,240 vs national
Mid Level (3-7 yrs)
$97,680
+$31,680 vs national
Senior Level (8+ yrs)
$192,400
+$62,400 vs national

Salary Percentiles in Seattle, WA

Percentile Seattle
10th Percentile $52,096
25th Percentile $67,192
Median (50th) $97,295
75th Percentile $148,000
90th Percentile $227,624

Loan Officer Salary in Other Washington Cities

Bellevue, WA
$99,925
Pop. 151,854
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 Seattle

Education

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

Find Loan Officer Jobs in Seattle

Browse open loan officer positions in Seattle, WA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Seattle

How much does a Loan Officer make in Seattle, WA? ▼
The median loan officer salary in Seattle, Washington is $97,295 per year, which is 48.0% above the national median of $65,740. Salaries range from $52,096 (10th percentile) to $227,624 (90th percentile).
How much does a Loan Officer make per hour in Seattle? ▼
Based on the median annual salary of $97,295, a loan officer in Seattle earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Seattle compare to the Washington state average for loan officer pay? ▼
Seattle's median loan officer salary of $97,295 is 28.7% above the Washington state average of $75,601. The local cost of living index is 148% of the national average.
What is the cost of living in Seattle, WA? ▼
Seattle has a cost of living index of 148% compared to the national average. This means a loan officer salary of $97,295 in Seattle has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Seattle? ▼
Most loan officer positions in Seattle 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.