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Loan Officer salary in Seattle,WA
How much can you earn as a Loan Officer in Seattle,WA?Loan Officer in Seattle, WA earn an average of $64.13 per hour, approximately $11,111 per month or $133,333 per year. Salary for Loan Officer typically range from $126K to $175K annually, depending on skills, experience, and employer.
Average Salary Overview – Loan Officer Seattle, WA
Are you considering a career as a Loan Officer in Seattle, WA? Let's take a closer look at the financial prospects you can expect in this role. The information below represents the average salary and total compensation ranges for Loan Officers in the Seattle area.
| Compensation | 25th Percentile | 50th Percentile (Median) | 75th Percentile |
|---|---|---|---|
| Average Salary | $60,000 | $75,000 | $90,000 |
Loan Officer Salary by Experience Level
Experience plays a significant role in determining a Loan Officer's salary. Here's an estimated breakdown of total compensation based on years of experience:
| Experience Level | Estimated Total Compensation |
|---|---|
| 0-2 Years | $50,000 - $60,000 |
| 3-5 Years | $60,000 - $70,000 |
| 6-10 Years | $70,000 - $85,000 |
| 10+ Years | $85,000 - $100,000+ |
Related Roles & Salaries
Here are some related roles and their typical salary ranges in Seattle, WA for your comparison:
| Role | Typical Salary Range |
|---|---|
| Mortgage Loan Officer | $65,000 - $80,000 |
| Commercial Loan Officer | $70,000 - $85,000 |
| Loan Processor | $45,000 - $60,000 |
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