Loan Officer salary in Oregon
Loan Officers in Oregon earn a median of $94,440 a year ($45.40 an hour), based on BLS data for 4,220 workers.
Pay ranges from $48,240 for the lowest-paid 10% to $161,250 for the top 10%. That is 23% higher than the national median of $76,690. Oregon ranks 6th of 51 states for loan officers pay. There are 2.1 loan officers per 1,000 jobs here — the job is 1.2× more common than nationally. The average (mean) salary is $101,000, above the median because a few high earners pull it up.
Pay range for loan officers in Oregon
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $48,240 | $23.19 |
| 25th percentile | $64,170 | $30.85 |
| Median | $94,440 | $45.40 |
| 75th percentile | $126,740 | $60.93 |
| 90th percentile (top earners) | $161,250 | $77.53 |
| Average (mean) | $101,000 | $48.56 |
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 | $7,870 |
| Semi-monthly (24 a year) | $3,935 |
| Biweekly (26 a year) | $3,632.31 |
| Weekly | $1,816.15 |
| Hourly | $45.40 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in cities in Oregon
| Metro area | Median salary | Workers |
|---|---|---|
| Corvallis, OR | $97,340 | 70 |
| Portland-Vancouver-Hillsboro, OR-WA | $96,100 | 2,840 |
| Grants Pass, OR | $94,220 | 50 |
| Salem, OR | $93,410 | 320 |
| Medford, OR | $90,850 | 130 |
| Albany, OR | $90,030 | 60 |
| Bend, OR | $81,720 | 220 |
| Eugene-Springfield, OR | $80,720 | 360 |
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 |
Related jobs in Oregon
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $85,800 | $41.25 |
| Personal Financial Advisor | $122,830 | $59.05 |
| Financial and Investment Analysts | $120,590 | $57.97 |
| Tax Preparer | $61,370 | $29.51 |
| Budget Analyst | $95,250 | $45.79 |
| Financial Specialists, All Other | $83,080 | $39.94 |
| Financial Examiner | $94,630 | $45.50 |
| Property Appraisers and Assessors | $54,460 | $26.18 |
| Credit Analyst | $80,380 | $38.65 |
| Insurance Underwriter | $79,200 | $38.08 |
| Financial Risk Specialist | $109,580 | $52.69 |
| Tax Examiners and Collectors, and Revenue Agents | $65,830 | $31.65 |
| Credit Counselor | $59,150 | $28.44 |
| Project Management Specialist | $105,480 | $50.71 |
More: Business and Financial Operations Occupations · all salaries in Oregon
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 Oregon?
The median salary for loan officers in Oregon is $94,440 a year, or $45.40 an hour. Pay ranges from $48,240 for the lowest-paid 10% to $161,250 for the top 10%.
How much do the highest-paid loan officers make in Oregon?
The top 10% of loan officers in Oregon earn at least $161,250 a year. The top 25% earn $126,740 or more.
What is the starting pay for loan officers in Oregon?
Entry-level pay (the 10th percentile) is about $48,240 a year, and a quarter of loan officers earn $64,170 or less.
How many loan officers work in Oregon?
About 4,220 loan officers are employed in Oregon, not counting the self-employed.