Loan Officers pay in California

In California, the median pay for loan officers is $39.31 an hour ($81,770 a year). About 25,790 people work in this job there.

$39.31Median hourly pay
$53,670–$122,960Middle half of workers, yearly
25,790People in this job in California

That is 7% higher than the U.S. median ($76,690). California ranks 15th of 51 states and territories for this job’s median pay.

Pay range for loan officers in California

Earns more thanHourlyYearly
10% of workers$18.01$37,460
25% of workers$25.80$53,670
Half of workers (median)$39.31$81,770
75% of workers$59.12$122,960
90% of workers$81.27$169,040

Loan Officers pay in California metro areas

Metro areaMedian yearly payPeople in this job
San Francisco-Oakland-Fremont$103,0003,330
Salinas$95,640140
San Jose-Sunnyvale-Santa Clara$95,0901,140
Santa Maria-Santa Barbara$86,200180
Vallejo$83,110170
San Luis Obispo-Paso Robles$82,470100
Modesto$82,250190
San Diego-Chula Vista-Carlsbad$81,7702,360
Santa Rosa-Petaluma$80,370290
Los Angeles-Long Beach-Anaheim$80,3609,690
Napa$80,07060
Stockton-Lodi$79,810210
Sacramento-Roseville-Folsom$79,1901,580
Merced$78,94090
Santa Cruz-Watsonville$78,94070
Riverside-San Bernardino-Ontario$78,7101,500
El Centro$78,35060
Fresno$78,060470
Yuba City$77,77080
Redding$76,79080
Bakersfield-Delano$76,500290
Visalia$75,770140
Chico$68,17080
Oxnard-Thousand Oaks-Ventura$64,4701,010

California unemployment rate: 5.1% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for loan officers

  • Typical education to start: Bachelor's degree (BLS)
  • Related work experience most have: 2 to 4 years (O*NET)
  • Experience usually needed to start: Less than 5 years (BLS)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)

Related jobs in California

JobMedian yearly pay
Accountants and Auditors$97,050
Financial and Investment Analysts$109,110
Personal Financial Advisors$130,330
Financial Specialists, All Other$80,810
Tax Preparers$70,030
Tax Examiners and Collectors, and Revenue Agents$74,110
Insurance Underwriters$95,320
Property Appraisers and Assessors$88,900

Other job titles for this job

Financial CounselorFinancial Aid CounselorHome Lending AdvisorAgricultural Loan OfficerBank OfficerBanking Services OfficerBranch Lending OfficerBusiness Banking OfficerCommercial BankerCommercial LenderCommercial Loan Collection OfficerCommercial Loan Officer

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.