The average salary for a loan officer in District of Columbia is around $74,840 per year.
Avg Salary
This is 10% above the national average. Updated in 2018.
Loan officers earn an average yearly salary of $74,840. Wages typically start from $45,980 and go up to $178,220.
Loan officer earnings by seniority
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $88,768 |
| Illinois | $81,620 |
| New York | $78,520 |
| District of Columbia | $74,840 |
| Massachusetts | $70,090 |
| Kansas | $75,462 |
| New Hampshire | $76,430 |
| New Jersey | $73,180 |
| Maryland | $68,060 |
| Texas | $68,710 |
| Hawaii | $66,666 |
| Nebraska | $75,800 |
| Virginia | $63,860 |
| Nevada | $60,630 |
| Minnesota | $72,030 |
| Kentucky | $67,450 |
| Florida | $67,760 |
| Pennsylvania | $66,807 |
| Oregon | $64,610 |
| Missouri | $68,010 |
| Maine | $64,110 |
| Georgia | $54,690 |
| Washington | $60,540 |
| California | $60,420 |
| North Dakota | $67,610 |
| Wisconsin | $62,850 |
| North Carolina | $62,360 |
| Ohio | $64,770 |
| Colorado | $61,010 |
| Delaware | $60,140 |
| Idaho | $59,677 |
| Wyoming | $61,860 |
| Rhode Island | $60,460 |
| South Carolina | $60,250 |
| Iowa | $61,518 |
| Oklahoma | $61,230 |
| Indiana | $57,023 |
| Alaska | $56,980 |
| Vermont | $58,650 |
| Arizona | $52,696 |
| Mississippi | $57,500 |
| Montana | $57,840 |
| Tennessee | $54,490 |
| New Mexico | $51,460 |
| Arkansas | $55,514 |
| South Dakota | $59,520 |
| Alabama | $53,488 |
| Utah | $45,470 |
| Louisiana | $48,230 |
| West Virginia | $48,820 |
| Guam | $45,840 |
| Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in District of Columbia. On average, they make less than stock traders but more than bill and account collectors.
| Career | Median Salary |
|---|---|
| Stock trader salary | $65K |
| Financial analyst salary | $91K |
| Budget analyst salary | $100K |
| Accountant salary | $92K |
| Tax preparer salary | $51K |
| Loan officer salary | $75K |
| Cost estimator salary | $94K |
| Social fundraiser salary | $75K |
| Credit counselor salary | $66K |
| Bill and account collector salary | $60K |
Source: CareerExplorer (Aggregated)