Business & Finance Vancouver, WA Pop. 190,915

Loan Officer Salary in Vancouver, Washington

The median loan officer salary in Vancouver, WA is $67,055 per year, which is 2.0% above the national median and 11.3% below the Washington state average.

City Median
$67,055
vs State Avg
$-8,546
vs National
+$1,315
Cost of Living
102%

Loan Officer Salary in Vancouver by Experience

In Vancouver, an entry-level loan officer earns around $38,760, while experienced professionals earn up to $132,600 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$38,760
+$760 vs national
Mid Level (3-7 yrs)
$67,320
+$1,320 vs national
Senior Level (8+ yrs)
$132,600
+$2,600 vs national

Salary Percentiles in Vancouver, WA

Percentile Vancouver
10th Percentile $35,904
25th Percentile $46,308
Median (50th) $67,055
75th Percentile $102,000
90th Percentile $156,876

Loan Officer Salary in Other Washington Cities

Bellevue, WA
$99,925
Pop. 151,854
Seattle, WA
$97,295
Pop. 737,015
Tacoma, WA
$72,314
Pop. 219,346
Spokane, WA
$60,481
Pop. 228,989

How to Become a Loan Officer in Vancouver

Education

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

Find Loan Officer Jobs in Vancouver

Browse open loan officer positions in Vancouver, WA:

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Frequently Asked Questions: Loan Officer Salary in Vancouver

How much does a Loan Officer make in Vancouver, WA? ▼
The median loan officer salary in Vancouver, Washington is $67,055 per year, which is 2.0% above the national median of $65,740. Salaries range from $35,904 (10th percentile) to $156,876 (90th percentile).
How much does a Loan Officer make per hour in Vancouver? ▼
Based on the median annual salary of $67,055, a loan officer in Vancouver earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Vancouver compare to the Washington state average for loan officer pay? ▼
Vancouver's median loan officer salary of $67,055 is 11.3% below the Washington state average of $75,601. The local cost of living index is 102% of the national average.
What is the cost of living in Vancouver, WA? ▼
Vancouver has a cost of living index of 102% compared to the national average. This means a loan officer salary of $67,055 in Vancouver has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Vancouver? ▼
Most loan officer positions in Vancouver 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.