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As of August 01, 2026, the average salary for a Consumer Loan Officer in Washington is $61,708 per year, which breaks down to an hourly rate of $30.
However, a Consumer Loan Officer's salary can vary significantly. Here’s a look at the typical salary range:
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Consumer Loan Officer Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $72,592 | $6,049 | $1,396 | $35 |
| Average | $61,708 | $5,142 | $1,187 | $30 |
| 25th Percentile | $56,374 | $4,698 | $1,084 | $27 |
Veterans United Home Loans - Puyallup, WA
Generations Home Loans - Ferndale, WA
Generations Home Loans - Silver Lake, WA
Generations Home Loans - Woodinville, WA
A Consumer Loan Officer's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Consumer Loan Officer's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Consumer ... Level Consumer Loan Officer | $53,309 |
| Consumer ... Level Consumer Loan Officer | $59,440 |
| Consumer ... Level Consumer Loan Officer | $69,804 |
| Consumer ... Level Consumer Loan Officer | $108,166 |
| Consumer ... Level Consumer Loan Officer | $126,009 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Consumer Loan Officers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Consumer Loan Officer roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 40% above the average. In contrast, Consumer Loan Officer positions in Insurance or Business Services typically offer lower base pay, as these industries often view Consumer Loan Officer as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $86,391 | $42.0 | 40% |
| Edu., Gov't. & Nonprofit | $67,879 | $33.0 | 10% |
Understanding how a Consumer Loan Officer's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $72,592 | $6,049 | $1,396 | $35 |
| Average | $61,708 | $5,142 | $1,187 | $30 |
| 25th Percentile | $56,374 | $4,698 | $1,084 | $27 |
Ready to take the next step in your career? Browse thousands of current Consumer Loan Officer job openings on our job board. Use the search bar below to find your perfect match.
Generations Home Loans
Cathlamet, WA
Generations Home Loans | Cathlamet, WA
DESCRIPTION: Generations Home Loans is seeking experienced, licensed Mortgage Loan Officers with a demonstrated history of building strong agent partnershi... more
2 Days Ago
Generations Home Loans
Bakerview, WA
Generations Home Loans | Bakerview, WA
DESCRIPTION: Generations Home Loans is seeking experienced Home Loan Officers who can combine consultative lending guidance with strong relationship develo... more
2 Days Ago
Generations Home Loans
Blaine, WA
Generations Home Loans | Blaine, WA
DESCRIPTION: Generations Home Loans is seeking experienced Home Loan Officers who can combine consultative lending guidance with strong relationship develo... more
2 Days Ago
Generations Home Loans
Fircrest, WA
Generations Home Loans | Fircrest, WA
DESCRIPTION: Generations Home Loans is seeking experienced, licensed Mortgage Loan Officers with a demonstrated history of building strong agent partnershi... more
2 Days Ago
Generations Home Loans
Veradale, WA
Generations Home Loans | Veradale, WA
DESCRIPTION: Generations Home Loans is seeking mortgage professionals with operations experience who are ready to move into a client-facing, production-foc... more
2 Days Ago
Generations Home Loans
Island Lake, WA
Generations Home Loans | Island Lake, WA
DESCRIPTION: Generations Home Loans is seeking mortgage professionals with operations experience who are ready to move into a client-facing, production-foc... more
2 Days Ago
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