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
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.