Loan Officer salary in Arizona
Loan Officers in Arizona earn a median of $62,160 a year ($29.88 an hour), based on BLS data for 10,020 workers.
Pay ranges from $35,960 for the lowest-paid 10% to $133,890 for the top 10%. That is 19% lower than the national median of $76,690. Arizona ranks 46th of 51 states for loan officers pay. There are 3.1 loan officers per 1,000 jobs here — the job is 1.8× more common than nationally. The average (mean) salary is $77,060, above the median because a few high earners pull it up.
Pay range for loan officers in Arizona
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $35,960 | $17.29 |
| 25th percentile | $48,290 | $23.22 |
| Median | $62,160 | $29.88 |
| 75th percentile | $101,250 | $48.68 |
| 90th percentile (top earners) | $133,890 | $64.37 |
| Average (mean) | $77,060 | $37.05 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,180 |
| Semi-monthly (24 a year) | $2,590 |
| Biweekly (26 a year) | $2,390.77 |
| Weekly | $1,195.38 |
| Hourly | $29.88 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $62,160 salary, see how much house you can afford in Arizona at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in Arizona
| Metro area | Median salary | Workers |
|---|---|---|
| Flagstaff, AZ | $78,810 | 60 |
| Phoenix-Mesa-Chandler, AZ | $61,850 | 8,350 |
| Yuma, AZ | $61,110 | 80 |
| Prescott Valley-Prescott, AZ | $59,860 | 70 |
| Tucson, AZ | $58,440 | 500 |
| Lake Havasu City-Kingman, AZ | $55,180 | 90 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
Related jobs in Arizona
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $79,970 | $38.45 |
| Personal Financial Advisor | $96,950 | $46.61 |
| Financial and Investment Analysts | $93,540 | $44.97 |
| Insurance Underwriter | $77,740 | $37.38 |
| Credit Analyst | $77,020 | $37.03 |
| Tax Preparer | $44,770 | $21.52 |
| Financial Examiner | $80,260 | $38.59 |
| Financial Risk Specialist | $102,800 | $49.42 |
| Property Appraisers and Assessors | $51,250 | $24.64 |
| Credit Counselor | $51,480 | $24.75 |
| Financial Specialists, All Other | $81,180 | $39.03 |
| Budget Analyst | $84,810 | $40.78 |
| Tax Examiners and Collectors, and Revenue Agents | $92,680 | $44.56 |
| Project Management Specialist | $99,050 | $47.62 |
More: Business and Financial Operations Occupations · all salaries in Arizona
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Arizona?
The median salary for loan officers in Arizona is $62,160 a year, or $29.88 an hour. Pay ranges from $35,960 for the lowest-paid 10% to $133,890 for the top 10%.
How much do the highest-paid loan officers make in Arizona?
The top 10% of loan officers in Arizona earn at least $133,890 a year. The top 25% earn $101,250 or more.
What is the starting pay for loan officers in Arizona?
Entry-level pay (the 10th percentile) is about $35,960 a year, and a quarter of loan officers earn $48,290 or less.
How many loan officers work in Arizona?
About 10,020 loan officers are employed in Arizona, not counting the self-employed.