Loan Officer salary in District of Columbia
Loan Officers in District of Columbia earn a median of $92,890 a year ($44.66 an hour), based on BLS data for 370 workers.
Pay ranges from $45,860 for the lowest-paid 10% to $157,630 for the top 10%. That is 21% higher than the national median of $76,690. District of Columbia ranks 8th of 51 states for loan officers pay. There are 0.53 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.30). The average (mean) salary is $100,150, above the median because a few high earners pull it up.
Pay range for loan officers in District of Columbia
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $45,860 | $22.05 |
| 25th percentile | $64,940 | $31.22 |
| Median | $92,890 | $44.66 |
| 75th percentile | $125,720 | $60.44 |
| 90th percentile (top earners) | $157,630 | $75.78 |
| Average (mean) | $100,150 | $48.15 |
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 | $7,740.83 |
| Semi-monthly (24 a year) | $3,870.42 |
| Biweekly (26 a year) | $3,572.69 |
| Weekly | $1,786.35 |
| Hourly | $44.66 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $92,890 salary, see how much house you can afford in District of Columbia at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in District of Columbia
| Metro area | Median salary | Workers |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $97,800 | 5,000 |
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 District of Columbia
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $111,530 | $53.62 |
| Financial and Investment Analysts | $105,780 | $50.86 |
| Financial Specialists, All Other | $125,110 | $60.15 |
| Budget Analyst | $124,590 | $59.90 |
| Personal Financial Advisor | $104,990 | $50.48 |
| Financial Examiner | $198,720 | $95.54 |
| Financial Risk Specialist | $99,230 | $47.71 |
| Credit Counselor | $63,580 | $30.57 |
| Property Appraisers and Assessors | $107,980 | $51.92 |
| Credit Analyst | $132,590 | $63.74 |
| Insurance Underwriter | $82,070 | $39.46 |
| Business Operations Specialists, All Other | $108,160 | $52.00 |
| Management Analyst | $126,140 | $60.65 |
| Human Resources Specialist | $110,970 | $53.35 |
More: Business and Financial Operations Occupations · all salaries in District of Columbia
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 District of Columbia?
The median salary for loan officers in District of Columbia is $92,890 a year, or $44.66 an hour. Pay ranges from $45,860 for the lowest-paid 10% to $157,630 for the top 10%.
How much do the highest-paid loan officers make in District of Columbia?
The top 10% of loan officers in District of Columbia earn at least $157,630 a year. The top 25% earn $125,720 or more.
What is the starting pay for loan officers in District of Columbia?
Entry-level pay (the 10th percentile) is about $45,860 a year, and a quarter of loan officers earn $64,940 or less.
How many loan officers work in District of Columbia?
About 370 loan officers are employed in District of Columbia, not counting the self-employed.