Loan Officers pay in Washington-Arlington-Alexandria

In Washington-Arlington-Alexandria (DC), the median pay for loan officers is $47.02 an hour ($97,800 a year). About 5,000 people work in this job there.

$47.02Median hourly pay
$65,270–$134,700Middle half of workers, yearly
5,000People in this job in Washington-Arlington-Alexandria (DC)

That is 28% higher than the U.S. median ($76,690). It is 5% higher than the District of Columbia median ($92,890).

Pay range for loan officers in Washington-Arlington-Alexandria (DC)

Earns more thanHourlyYearly
10% of workers$22.50$46,790
25% of workers$31.38$65,270
Half of workers (median)$47.02$97,800
75% of workers$64.76$134,700
90% of workers$81.51$169,540

Loan Officers pay in District of Columbia metro areas

Metro areaMedian yearly payPeople in this job
Washington-Arlington-Alexandria (this page)$97,8005,000

District of Columbia unemployment rate: 5.7% (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 Washington-Arlington-Alexandria (DC)

JobMedian yearly pay
Accountants and Auditors$102,140
Financial and Investment Analysts$108,330
Financial Specialists, All Other$120,580
Personal Financial Advisors$106,230
Budget Analysts$125,050
Financial Risk Specialists$126,510
Tax Preparers$57,890
Credit Analysts$114,700

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.