Loan Officers pay in Washington

In Washington, the median pay for loan officers is $38.52 an hour ($80,120 a year). About 6,040 people work in this job there.

$38.52Median hourly pay
$61,450–$121,170Middle half of workers, yearly
6,040People in this job in Washington

That is 4% higher than the U.S. median ($76,690). Washington ranks 17th of 51 states and territories for this job’s median pay.

Pay range for loan officers in Washington

Earns more thanHourlyYearly
10% of workers$18.75$39,000
25% of workers$29.55$61,450
Half of workers (median)$38.52$80,120
75% of workers$58.26$121,170
90% of workers$78.00$162,240

Loan Officers pay in Washington metro areas

Metro areaMedian yearly payPeople in this job
Mount Vernon-Anacortes$84,06080
Seattle-Tacoma-Bellevue$83,7203,110
Walla Walla$82,73060
Wenatchee-East Wenatchee$82,17090
Longview-Kelso$78,94090
Yakima$78,850100
Bellingham$77,670210
Spokane-Spokane Valley$77,220680
Bremerton-Silverdale-Port Orchard$75,010140
Olympia-Lacey-Tumwater$74,130200
Kennewick-Richland$72,690230

Washington unemployment rate: 4.9% (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

JobMedian yearly pay
Accountants and Auditors$96,550
Financial and Investment Analysts$107,210
Personal Financial Advisors$114,050
Financial Specialists, All Other$80,930
Insurance Underwriters$99,400
Budget Analysts$96,640
Tax Preparers$45,370
Credit Analysts$91,160

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.