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Updated June 15, 2024

Loan Officers Salaries

San Francisco-Oakland-Hayward, California, US

Average Base Pay

$63,110/yr

30.34% above national average

Additional Cash Compensation

Average: $63,110


Range: $31,550-$162,680

 

How much does a Loan Officers role make in San Francisco-Oakland-Hayward, California, US?

Career Ladder Pay for Loan Officers Roles

A person in an entry-level Loan Officers role with under one year of job experience can expect to make an average annual salary of $31,550. A Loan Officers candidate with 1-4 years of experience makes an average total salary of $47,590. A person in a mid-career Loan Officers role with 5-9 years of experience makes an average salary of $63,110 a year. Loan Officers with 10 or more years of experience make an average of $100,110. In their late career (over 20 years of experience), a person in a Loan Officers role’s annual salary averages $162,680 per year.

What is the average Loan Officers salary in San Francisco-Oakland-Hayward, California, US?

Average base salary, as of 2024 : $63,110

Salary Breakdown

  Average base salary (percentile)
 25th50th75th
Annual salary$15,778$31,555$47,333
Monthly salary$1,315$2,630$3,944
Weekly salary$329$657$986
Hourly salary$47$94$141

Where can a Loan Officers role earn more money?

VS

Similar jobs with comparable annual salaries.

FREQUENTLY ASKED SALARY QUESTIONS

Will extra certification for Loan Officers roles boost salary?

While certifications are not required for every Loan Officers position, they can certainly increase your salary and lead to an easier recruitment process when applying to enterprises that favor candidates with additional certifications.

Is the Loan Officers position in high demand?

The current Bureau of Labor Statistics states the salary is $63,110 higher than the national average for Loan Officers positions.

Is there advancement potential for a Loan Officers role?

Yes, there is strong potential for promotion — either with an additional educational degree or with continued years of experience. There are a multitude of other positions Loan Officers roles that can advance both internally and with another company.

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