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Loan Officers Salary in Colorado
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Colorado?
Last updated: 2025 data from the Bureau of Labor Statistics
$94,520
Median Annual Salary
▲
+18.4% vs 2024
$97,840
Mean Salary
$94,520
Median Salary
$45.44
Hourly Rate
3,230 people work as Loan Officers in Colorado
Loan Officers salary by percentile in Colorado
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Colorado earn a median salary of $94,520 per year ($7,876/month).
This is 23.8% above the national average of $76,354.
Colorado ranks #5 out of 51 states for Loan Officers pay.
Approximately 3,230 people work in this occupation across Colorado.
Salaries increased by 18.4% compared to 2024.
About This Job: Loan Officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Top Skills
Active Listening
4.0
Speaking
4.0
Reading Comprehension
3.88
Judgment and Decision Making
3.88
Critical Thinking
3.75
Key Knowledge Areas
Customer and Personal Service
4.7
Economics and Accounting
3.86
English Language
3.77
Mathematics
3.69
Sales and Marketing
3.47
Typical Education: Bachelor's Degree
(68.7% of workers)
Salaries for Loan Officers in Colorado range from $39,430 at the 10th percentile (entry level) to $165,370 at the 90th percentile (experienced). The middle 50% earn between $60,730 and $125,430.
The median annual salary for Loan Officers in Colorado is $94,520 as of 2025. The average (mean) salary is $97,840.
What is the salary range for a Loan Officers in Colorado?
Salaries for Loan Officers in Colorado range from $39,430 at the 10th percentile to $165,370 at the 90th percentile. The middle 50% earn between $60,730 and $125,430.
What is the starting salary for a Loan Officers in Colorado?
Entry-level Loan Officers positions in Colorado typically start around $39,430 (10th percentile). With some experience, salaries rise to $60,730 (25th percentile).
How many people work as Loan Officers in Colorado?
According to 2025 BLS data, approximately 3,230 people are employed as Loan Officers in Colorado.
What is the hourly rate for a Loan Officers in Colorado?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Colorado is approximately $45.44 per hour.
Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2025 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.
Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.
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