Loan Officer salary in Seattle-Tacoma-Bellevue, WA
Loan Officers in the Seattle-Tacoma-Bellevue, WA metro area earn a median of $83,720 a year ($40.25 an hour), based on BLS data for 3,110 workers.
Pay ranges from $38,040 for the lowest-paid 10% to $164,570 for the top 10%. That is 9% higher than the national median of $76,690. Pay here is 4% higher than the Washington statewide median of $80,120. There are 1.5 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $99,260, above the median because a few high earners pull it up.
Pay range for loan officers in Seattle-Tacoma-Bellevue, WA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $38,040 | $18.29 |
| 25th percentile | $62,990 | $30.28 |
| Median | $83,720 | $40.25 |
| 75th percentile | $125,260 | $60.22 |
| 90th percentile (top earners) | $164,570 | $79.12 |
| Average (mean) | $99,260 | $47.72 |
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 | $6,976.67 |
| Semi-monthly (24 a year) | $3,488.33 |
| Biweekly (26 a year) | $3,220 |
| Weekly | $1,610 |
| Hourly | $40.25 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $83,720 salary, see how much house you can afford in Washington 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 |
|---|---|---|
| Portland-Vancouver-Hillsboro, OR-WA | $96,100 | 2,840 |
| Mount Vernon-Anacortes, WA | $84,060 | 80 |
| Walla Walla, WA | $82,730 | 60 |
| Wenatchee-East Wenatchee, WA | $82,170 | 90 |
| Longview-Kelso, WA | $78,940 | 90 |
| Yakima, WA | $78,850 | 100 |
| Bellingham, WA | $77,670 | 210 |
| Spokane-Spokane Valley, WA | $77,220 | 680 |
| Bremerton-Silverdale-Port Orchard, WA | $75,010 | 140 |
| Lewiston, ID-WA | $74,190 | 60 |
| Olympia-Lacey-Tumwater, WA | $74,130 | 200 |
| Kennewick-Richland, WA | $72,690 | 230 |
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 Washington statewide figures.
Related jobs in Seattle-Tacoma-Bellevue, WA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $99,370 | $47.78 |
| Financial and Investment Analysts | $124,790 | $60.00 |
| Personal Financial Advisor | $114,540 | $55.07 |
| Financial Specialists, All Other | $82,920 | $39.87 |
| Insurance Underwriter | $100,130 | $48.14 |
| Budget Analyst | $104,090 | $50.04 |
| Credit Analyst | $94,270 | $45.32 |
| Tax Preparer | $47,860 | $23.01 |
| Property Appraisers and Assessors | $98,020 | $47.13 |
| Financial Risk Specialist | $134,330 | $64.58 |
| Credit Counselor | $64,380 | $30.95 |
| Tax Examiners and Collectors, and Revenue Agents | $86,300 | $41.49 |
| Financial Examiner | $122,230 | $58.76 |
| Business Operations Specialists, All Other | $101,920 | $49.00 |
More: Business and Financial Operations Occupations · all salaries in Seattle-Tacoma-Bellevue, WA
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 Seattle-Tacoma-Bellevue, WA?
The median salary for loan officers in the Seattle-Tacoma-Bellevue, WA metro area is $83,720 a year, or $40.25 an hour. Pay ranges from $38,040 for the lowest-paid 10% to $164,570 for the top 10%.
How much do the highest-paid loan officers make in Seattle-Tacoma-Bellevue, WA?
The top 10% of loan officers in the Seattle-Tacoma-Bellevue, WA metro area earn at least $164,570 a year. The top 25% earn $125,260 or more.
What is the starting pay for loan officers in Seattle-Tacoma-Bellevue, WA?
Entry-level pay (the 10th percentile) is about $38,040 a year, and a quarter of loan officers earn $62,990 or less.
How many loan officers work in Seattle-Tacoma-Bellevue, WA?
About 3,110 loan officers are employed in the Seattle-Tacoma-Bellevue, WA metro area, not counting the self-employed.