Loan Officer salary in Winchester, VA-WV
Loan Officers in the Winchester, VA-WV metro area earn a median of $63,320 a year ($30.44 an hour), based on BLS data for 280 workers.
Pay ranges from $47,850 for the lowest-paid 10% to $123,140 for the top 10%. That is 17% lower than the national median of $76,690. Pay here is 19% lower than the Virginia statewide median of $78,320. There are 4.1 loan officers per 1,000 jobs here — the job is 2.3× more common than nationally. The average (mean) salary is $78,220, above the median because a few high earners pull it up.
Pay range for loan officers in Winchester, VA-WV
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $47,850 | $23.00 |
| 25th percentile | $61,530 | $29.58 |
| Median | $63,320 | $30.44 |
| 75th percentile | $96,180 | $46.24 |
| 90th percentile (top earners) | $123,140 | $59.20 |
| Average (mean) | $78,220 | $37.61 |
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 | $5,276.67 |
| Semi-monthly (24 a year) | $2,638.33 |
| Biweekly (26 a year) | $2,435.38 |
| Weekly | $1,217.69 |
| Hourly | $30.44 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $63,320 salary, see how much house you can afford in Virginia 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 |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $97,800 | 5,000 |
| Blacksburg-Christiansburg-Radford, VA | $85,610 | 90 |
| Richmond, VA | $69,610 | 1,480 |
| Morgantown, WV | $67,440 | 90 |
| Harrisonburg, VA | $65,010 | 100 |
| Roanoke, VA | $64,720 | 320 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | $64,080 | 1,260 |
| Staunton-Stuarts Draft, VA | $63,390 | 70 |
| Hagerstown-Martinsburg, MD-WV | $62,060 | 120 |
| Charlottesville, VA | $60,610 | 480 |
| Kingsport-Bristol, TN-VA | $60,250 | 260 |
| Parkersburg-Vienna, WV | $59,180 | 80 |
| Wheeling, WV-OH | $59,060 | 110 |
| Lynchburg, VA | $58,550 | 140 |
| Charleston, WV | $58,390 | 180 |
| Huntington-Ashland, WV-KY-OH | $57,000 | 210 |
| Weirton-Steubenville, WV-OH | $52,380 | 50 |
| Beckley, WV | $49,680 | 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 Virginia statewide figures.
Related jobs in Winchester, VA-WV
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,660 | $37.34 |
| Financial Specialists, All Other | $90,230 | $43.38 |
| Personal Financial Advisor | $59,990 | $28.84 |
| Financial and Investment Analysts | $92,680 | $44.56 |
| Credit Analyst | $102,740 | $49.40 |
| Business Operations Specialists, All Other | $90,230 | $43.38 |
| Human Resources Specialist | $79,040 | $38.00 |
| Management Analyst | $110,340 | $53.05 |
| Market Research Analysts and Marketing Specialists | $66,920 | $32.17 |
| Project Management Specialist | $96,810 | $46.55 |
| Training and Development Specialists | $60,350 | $29.01 |
| Buyers and Purchasing Agents | $66,060 | $31.76 |
| Compliance Officer | $61,470 | $29.55 |
| Logistician | $72,240 | $34.73 |
More: Business and Financial Operations Occupations · all salaries in Winchester, VA-WV
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 Winchester, VA-WV?
The median salary for loan officers in the Winchester, VA-WV metro area is $63,320 a year, or $30.44 an hour. Pay ranges from $47,850 for the lowest-paid 10% to $123,140 for the top 10%.
How much do the highest-paid loan officers make in Winchester, VA-WV?
The top 10% of loan officers in the Winchester, VA-WV metro area earn at least $123,140 a year. The top 25% earn $96,180 or more.
What is the starting pay for loan officers in Winchester, VA-WV?
Entry-level pay (the 10th percentile) is about $47,850 a year, and a quarter of loan officers earn $61,530 or less.
How many loan officers work in Winchester, VA-WV?
About 280 loan officers are employed in the Winchester, VA-WV metro area, not counting the self-employed.