Loan Officer salary in Grand Junction, CO
Loan Officers in the Grand Junction, CO metro area earn a median of $74,080 a year ($35.62 an hour), based on BLS data for 60 workers.
Pay ranges from $30,800 for the lowest-paid 10% to $149,740 for the top 10%. That is 3% lower than the national median of $76,690. Pay here is 22% lower than the Colorado statewide median of $94,520. There are 0.96 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.54). The average (mean) salary is $83,430, above the median because a few high earners pull it up.
Pay range for loan officers in Grand Junction, CO
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $30,800 | $14.81 |
| 25th percentile | $49,070 | $23.59 |
| Median | $74,080 | $35.62 |
| 75th percentile | $105,210 | $50.58 |
| 90th percentile (top earners) | $149,740 | $71.99 |
| Average (mean) | $83,430 | $40.11 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,173.33 |
| Semi-monthly (24 a year) | $3,086.67 |
| Biweekly (26 a year) | $2,849.23 |
| Weekly | $1,424.62 |
| Hourly | $35.62 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Denver-Aurora-Centennial, CO | $100,130 | 1,970 |
| Fort Collins-Loveland, CO | $98,450 | 160 |
| Pueblo, CO | $87,110 | 40 |
| Colorado Springs, CO | $79,770 | 380 |
| Greeley, CO | $79,660 | 80 |
| Boulder, CO | $78,250 | 90 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Colorado statewide figures.
Related jobs in Grand Junction, CO
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,870 | $36.96 |
| Financial Specialists, All Other | $76,400 | $36.73 |
| Property Appraisers and Assessors | $78,560 | $37.77 |
| Tax Preparer | $55,640 | $26.75 |
| Personal Financial Advisor | $104,280 | $50.14 |
| Business Operations Specialists, All Other | $76,400 | $36.73 |
| Project Management Specialist | $94,690 | $45.52 |
| Market Research Analysts and Marketing Specialists | $63,640 | $30.60 |
| Human Resources Specialist | $66,660 | $32.05 |
| Training and Development Specialists | $60,780 | $29.22 |
| Cost Estimator | $78,650 | $37.81 |
| Buyers and Purchasing Agents | $62,340 | $29.97 |
| Compliance Officer | $76,800 | $36.92 |
| Management Analyst | $86,260 | $41.47 |
More: Business and Financial Operations Occupations · all salaries in Grand Junction, CO
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Grand Junction, CO?
The median salary for loan officers in the Grand Junction, CO metro area is $74,080 a year, or $35.62 an hour. Pay ranges from $30,800 for the lowest-paid 10% to $149,740 for the top 10%.
How much do the highest-paid loan officers make in Grand Junction, CO?
The top 10% of loan officers in the Grand Junction, CO metro area earn at least $149,740 a year. The top 25% earn $105,210 or more.
What is the starting pay for loan officers in Grand Junction, CO?
Entry-level pay (the 10th percentile) is about $30,800 a year, and a quarter of loan officers earn $49,070 or less.
How many loan officers work in Grand Junction, CO?
About 60 loan officers are employed in the Grand Junction, CO metro area, not counting the self-employed.