Loan Officer salary in Reno, NV
Loan Officers in the Reno, NV metro area earn a median of $62,180 a year ($29.90 an hour), based on BLS data for 380 workers.
Pay ranges from $24,960 for the lowest-paid 10% to $153,560 for the top 10%. That is 19% lower than the national median of $76,690. Pay here is 4% lower than the Nevada statewide median of $64,500. There are 1.4 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.77). The average (mean) salary is $79,990, above the median because a few high earners pull it up.
Pay range for loan officers in Reno, NV
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $24,960 | $12.00 |
| 25th percentile | $43,670 | $21.00 |
| Median | $62,180 | $29.90 |
| 75th percentile | $104,610 | $50.29 |
| 90th percentile (top earners) | $153,560 | $73.83 |
| Average (mean) | $79,990 | $38.46 |
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 | $5,181.67 |
| Semi-monthly (24 a year) | $2,590.83 |
| Biweekly (26 a year) | $2,391.54 |
| Weekly | $1,195.77 |
| Hourly | $29.90 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $62,180 salary, see how much house you can afford in Nevada 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 |
|---|---|---|
| Las Vegas-Henderson-North Las Vegas, NV | $65,550 | 1,920 |
| Carson City, NV | $50,690 | 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 Nevada statewide figures.
Related jobs in Reno, NV
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,370 | $39.60 |
| Financial and Investment Analysts | $76,030 | $36.55 |
| Tax Preparer | $61,790 | $29.71 |
| Financial Specialists, All Other | $77,860 | $37.43 |
| Budget Analyst | $82,270 | $39.55 |
| Credit Analyst | $93,030 | $44.73 |
| Property Appraisers and Assessors | $65,070 | $31.28 |
| Personal Financial Advisor | $85,470 | $41.09 |
| Business Operations Specialists, All Other | $67,430 | $32.42 |
| Project Management Specialist | $99,500 | $47.84 |
| Human Resources Specialist | $76,010 | $36.54 |
| Management Analyst | $103,990 | $49.99 |
| Training and Development Specialists | $61,810 | $29.72 |
| Market Research Analysts and Marketing Specialists | $66,260 | $31.86 |
More: Business and Financial Operations Occupations · all salaries in Reno, NV
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 Reno, NV?
The median salary for loan officers in the Reno, NV metro area is $62,180 a year, or $29.90 an hour. Pay ranges from $24,960 for the lowest-paid 10% to $153,560 for the top 10%.
How much do the highest-paid loan officers make in Reno, NV?
The top 10% of loan officers in the Reno, NV metro area earn at least $153,560 a year. The top 25% earn $104,610 or more.
What is the starting pay for loan officers in Reno, NV?
Entry-level pay (the 10th percentile) is about $24,960 a year, and a quarter of loan officers earn $43,670 or less.
How many loan officers work in Reno, NV?
About 380 loan officers are employed in the Reno, NV metro area, not counting the self-employed.