How Much Does a Bank Loan Officer Make in Utah?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Bank Loan Officer in Utah is $46,959. While Salary.com is seeing that Bank Loan Officer salary in UT can go up to $60,071 or down to $29,481, but most earn between $37,810 and $53,823. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Bank Loan Officer
Bank Of America Loan Officer
$100,576
Utah
Per Year
Loan Officer I
$49,970
Utah
Per Year
Loan Officer III
$91,100
Utah
Per Year
Loan Officer II
$72,090
Utah
Per Year
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Similar Job Salaries to Bank Loan Officer by Company

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Company average base salary in (usd) range
$93,611/yr
$74,619
$112,603
RANGE: $74,619 - $112,603
Caliver Beach Mortgage
Loan Officer
$95,186/yr
$75,874
$114,497
RANGE: $75,874 - $114,497
U.S. Bank National Association
Non-Bank Mortgage Loan Originator
$93,611/yr
$74,619
$112,603
RANGE: $74,619 - $112,603
Utah First Credit Union
Bank Teller / Consumer Loan Processor
$40,171/yr
$36,016
$44,325
RANGE: $36,016 - $44,325
Thrivent
Chief compliance officer - bank
$203,847/yr
$165,616
$242,078
RANGE: $165,616 - $242,078
Availa Bank
Bank Loan Officer
$94,595/yr
$75,404
$113,787
RANGE: $75,404 - $113,787
First Rate Home Loans
Mortgage Loan Officer
$95,481/yr
$76,110
$114,852
RANGE: $76,110 - $114,852
Veterans First Mortgage
Mortgage Loan Officer
$95,481/yr
$76,110
$114,852
RANGE: $76,110 - $114,852
Chartway Credit Union
Commercial Loan Officer
$112,964/yr
$93,906
$132,022
RANGE: $93,906 - $132,022

Open Bank Loan Officer Jobs in Utah

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Top 10 Highest Paying Cities For Bank Loan Officer Jobs in Utah

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Bank Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Bank Loan Officer job salaries in Utah. Some cities can pay higher salaries for Bank Loan Officer jobs, which can indicate that there is a large demand for Bank Loan Officer positions in this city.
The following table shows top 10 cities where the Bank Loan Officer salary is higher than other cities in Utah. Saint George takes first place in this list, followed by Salt Lake City, Sandy. The Bank Loan Officer salary is $49,082 in Saint George, which is lower than the national average. There is 0 city's Bank Loan Officer salary higher than national average in Utah.
The average salary for a Bank Loan Officer in Utah is $46,959, but we found that the city with the highest salary for Bank Loan Officer jobs is Saint George, UT, and it is higher than Salt Lake City. Bank Loan Officer jobs in Saint George can have the opportunity to earn higher salaries than in other cities in Utah.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Saint George $49,082 $4,090 $944 $24
Salt Lake City $47,897 $3,991 $921 $23
Sandy $47,799 $3,983 $919 $23
West Jordan $47,749 $3,979 $918 $23
South Jordan $47,700 $3,975 $917 $23
Ogden $46,367 $3,864 $892 $22
Layton $46,218 $3,852 $889 $22
Provo $45,972 $3,831 $884 $22
Orem $45,972 $3,831 $884 $22
Lehi $45,774 $3,815 $880 $22

What Does a Bank Loan Officer Do?

In fact, one reason why banks continue to have so many branch offices is that they need to bring loan officers face to face with potential borrowers.
Updated October 28, 2021
Except for consumer loan officers, who spend most of their time in offices, these workers may travel to visit clients.
Updated December 22, 2021
If you can meet with or speak to a loan officer, you can make your case for loan approval to a human being rather than a machine.
Updated December 22, 2021
If the underwriter approves your loan, your loan officer will then collect and prepare the appropriate loan closing documents.
Updated December 20, 2021
This is why banks may have several branches — they want to serve the potential borrowers in various areas who want to meet face-to-face with a loan officer.
Updated December 20, 2021

Frequently Asked Questions About a Bank Loan Officer Salaries

What is the average of a Bank Loan Officer in Utah?

The Bank Loan Officer salary range is from $37,810 to $53,823, and the average Bank Loan Officer salary is $46,959/year in Utah. The Bank Loan Officer's salary will change in different locations.

Which location pays the highest Bank Loan Officer salary in the United States?

The Bank Loan Officer salary in San Jose, CA is $61,970 which is the highest in the US.

What kinds of reasons will influence the Bank Loan Officer's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Bank Loan Officer.

What is the growth rate of the Bank Loan Officer's salary?

If you are thinking of becoming a Bank Loan Officer or planning the next step in your career, find the detailed salary report of a Bank Loan Officer.