Loan Officer salary in Grants Pass, OR
Loan Officers in the Grants Pass, OR metro area earn a median of $94,220 a year ($45.30 an hour), based on BLS data for 50 workers.
Pay ranges from $59,280 for the lowest-paid 10% to $156,750 for the top 10%. That is 23% higher than the national median of $76,690. Pay here is about the same as the Oregon statewide median of $94,440. There are 1.7 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $104,370, above the median because a few high earners pull it up.
Pay range for loan officers in Grants Pass, OR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $59,280 | $28.50 |
| 25th percentile | $67,530 | $32.46 |
| Median | $94,220 | $45.30 |
| 75th percentile | $120,450 | $57.91 |
| 90th percentile (top earners) | $156,750 | $75.36 |
| Average (mean) | $104,370 | $50.18 |
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 | $7,851.67 |
| Semi-monthly (24 a year) | $3,925.83 |
| Biweekly (26 a year) | $3,623.85 |
| Weekly | $1,811.92 |
| Hourly | $45.30 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $94,220 salary, see how much house you can afford in Oregon 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 |
|---|---|---|
| Corvallis, OR | $97,340 | 70 |
| Portland-Vancouver-Hillsboro, OR-WA | $96,100 | 2,840 |
| Salem, OR | $93,410 | 320 |
| Medford, OR | $90,850 | 130 |
| Albany, OR | $90,030 | 60 |
| Bend, OR | $81,720 | 220 |
| Eugene-Springfield, OR | $80,720 | 360 |
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 Oregon statewide figures.
Related jobs in Grants Pass, OR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,070 | $37.53 |
| Tax Preparer | $39,560 | $19.02 |
| Business Operations Specialists, All Other | $72,000 | $34.61 |
| Human Resources Specialist | $65,520 | $31.50 |
| Project Management Specialist | $95,640 | $45.98 |
| Buyers and Purchasing Agents | $61,000 | $29.33 |
| Market Research Analysts and Marketing Specialists | $65,590 | $31.53 |
| Compliance Officer | $73,740 | $35.45 |
| Training and Development Specialists | $71,040 | $34.15 |
| Management Analyst | $98,110 | $47.17 |
| Cost Estimator | $64,870 | $31.19 |
More: Business and Financial Operations Occupations · all salaries in Grants Pass, OR
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 Grants Pass, OR?
The median salary for loan officers in the Grants Pass, OR metro area is $94,220 a year, or $45.30 an hour. Pay ranges from $59,280 for the lowest-paid 10% to $156,750 for the top 10%.
How much do the highest-paid loan officers make in Grants Pass, OR?
The top 10% of loan officers in the Grants Pass, OR metro area earn at least $156,750 a year. The top 25% earn $120,450 or more.
What is the starting pay for loan officers in Grants Pass, OR?
Entry-level pay (the 10th percentile) is about $59,280 a year, and a quarter of loan officers earn $67,530 or less.
How many loan officers work in Grants Pass, OR?
About 50 loan officers are employed in the Grants Pass, OR metro area, not counting the self-employed.