How Much Does a Business Loan Officer Make in Tacoma, WA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Loan Officer in Tacoma, WA is $103,028. While Salary.com is seeing that Business Loan Officer salary in Tacoma, WA can go up to $133,563 or down to $70,413, but most earn between $85,956 and $119,011. 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.
25% $85,956 10% $70,413 90% $133,563 75% $119,011 $103,028 50%(Median)
Related Job Titles to Business Loan Officer
Small Business Loan Officer
$72,374
Tacoma, WA
Per Year
SBA Loan Officer
$114,407
Tacoma, WA
Per Year
Commercial Loan Officer V
$184,508
Tacoma, WA
Per Year
Loan Officer I
$56,950
Tacoma, WA
Per Year
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Similar Job Salaries to Business Loan Officer by Company

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Company average base salary in (usd) range
Gesa Credit Union
Home Loan Officer - Business Development
$103,437/yr
$80,855
$126,019
RANGE: $80,855 - $126,019
$73,045/yr
$62,104
$83,985
RANGE: $62,104 - $83,985
West Capital Lending
Loan Officer
$108,906/yr
$86,820
$130,991
RANGE: $86,820 - $130,991
Lennar
Loan Officer
$106,561/yr
$84,951
$128,171
RANGE: $84,951 - $128,171
Lennar Mortgage
Loan Officer
$106,561/yr
$84,951
$128,171
RANGE: $84,951 - $128,171
SLA Capital
Loan Officer
$72,013/yr
$61,270
$82,756
RANGE: $61,270 - $82,756
KeyBank
Lead Service Officer (Business Banking Commercial Loan Fulfilment)
$140,835/yr
$116,443
$165,227
RANGE: $116,443 - $165,227
Builders Capital
Loan Officer - WA
$106,561/yr
$84,951
$128,171
RANGE: $84,951 - $128,171
Solarity Credit Union
Mortgage Loan Officer
$106,827/yr
$85,163
$128,491
RANGE: $85,163 - $128,491
Sound Community Bank
COMMERCIAL LOAN OFFICER II
$128,762/yr
$107,035
$150,489
RANGE: $107,035 - $150,489

Open Business Loan Officer Jobs in Tacoma, WA

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What Does a Business Loan Officer Do?

The financial industry is always changing, and commercial loan officers are always learning new technologies and strategies.
Updated September 24, 2021
– while commercial loan officers make their decisions based on what they see on paper, customer service is still a big part of the job because they often meet with applicants face to face.
Updated December 20, 2021
Commercial loan officers work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
Updated December 16, 2021
Commercial loan officers receive health insurance and other job perks, including profit-sharing and bonuses for completing successful loans.
Updated December 15, 2021
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 December 11, 2021

Frequently Asked Questions About a Business Loan Officer Salaries

What is the average of a Business Loan Officer in Tacoma, WA?

The Business Loan Officer salary range is from $85,956 to $119,011, and the average Business Loan Officer salary is $103,028/year in Tacoma, WA. The Business Loan Officer's salary will change in different locations.

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

The Business Loan Officer salary in San Jose, CA is $120,145 which is the highest in the US.

What kinds of reasons will influence the Business 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 Business Loan Officer.

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

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