Loan Officer salary in Colorado Springs, CO
Loan Officers in the Colorado Springs, CO metro area earn a median of $79,770 a year ($38.35 an hour), based on BLS data for 380 workers.
Pay ranges from $35,810 for the lowest-paid 10% to $156,920 for the top 10%. That is 4% higher than the national median of $76,690. Pay here is 16% lower than the Colorado statewide median of $94,520. There are 1.2 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.68). The average (mean) salary is $85,710, above the median because a few high earners pull it up.
Pay range for loan officers in Colorado Springs, CO
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $35,810 | $17.21 |
| 25th percentile | $52,000 | $25.00 |
| Median | $79,770 | $38.35 |
| 75th percentile | $105,940 | $50.93 |
| 90th percentile (top earners) | $156,920 | $75.44 |
| Average (mean) | $85,710 | $41.21 |
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 | $6,647.50 |
| Semi-monthly (24 a year) | $3,323.75 |
| Biweekly (26 a year) | $3,068.08 |
| Weekly | $1,534.04 |
| Hourly | $38.35 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $79,770 salary, see how much house you can afford in Colorado at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Denver-Aurora-Centennial, CO | $100,130 | 1,970 |
| Fort Collins-Loveland, CO | $98,450 | 160 |
| Pueblo, CO | $87,110 | 40 |
| Greeley, CO | $79,660 | 80 |
| Boulder, CO | $78,250 | 90 |
| Grand Junction, CO | $74,080 | 60 |
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 |
See Loan Officer pay in every state or the Colorado statewide figures.
Related jobs in Colorado Springs, CO
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $85,000 | $40.87 |
| Financial and Investment Analysts | $102,640 | $49.35 |
| Financial Specialists, All Other | $88,520 | $42.56 |
| Budget Analyst | $93,530 | $44.97 |
| Insurance Underwriter | $93,960 | $45.17 |
| Tax Preparer | $58,900 | $28.32 |
| Financial Examiner | $96,670 | $46.48 |
| Financial Risk Specialist | $126,500 | $60.82 |
| Credit Analyst | $76,110 | $36.59 |
| Credit Counselor | $55,140 | $26.51 |
| Tax Examiners and Collectors, and Revenue Agents | $69,740 | $33.53 |
| Personal Financial Advisor | $72,430 | $34.82 |
| Property Appraisers and Assessors | $65,780 | $31.63 |
| Business Operations Specialists, All Other | $94,450 | $45.41 |
More: Business and Financial Operations Occupations · all salaries in Colorado Springs, CO
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 Colorado Springs, CO?
The median salary for loan officers in the Colorado Springs, CO metro area is $79,770 a year, or $38.35 an hour. Pay ranges from $35,810 for the lowest-paid 10% to $156,920 for the top 10%.
How much do the highest-paid loan officers make in Colorado Springs, CO?
The top 10% of loan officers in the Colorado Springs, CO metro area earn at least $156,920 a year. The top 25% earn $105,940 or more.
What is the starting pay for loan officers in Colorado Springs, CO?
Entry-level pay (the 10th percentile) is about $35,810 a year, and a quarter of loan officers earn $52,000 or less.
How many loan officers work in Colorado Springs, CO?
About 380 loan officers are employed in the Colorado Springs, CO metro area, not counting the self-employed.