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Loan Officers Salary in Virginia
Last updated: 2025 BLS data · Page refreshed:
How much do Loan Officers make in Virginia?
Last updated: 2025 data from the Bureau of Labor Statistics
$78,320
Median Annual Salary
▼
-1.6% vs 2024
$90,090
Mean Salary
$78,320
Median Salary
$37.65
Hourly Rate
8,790 people work as Loan Officers in Virginia
Loan Officers salary by percentile in Virginia
BLS-reported salary distribution — from entry-level (10th percentile) to top earners (90th percentile).
Loan Officers in Virginia earn a median salary of $78,320 per year ($6,526/month).
This is 2.6% above the national average of $76,354.
Virginia ranks #22 out of 51 states for Loan Officers pay.
Approximately 8,790 people work in this occupation across Virginia.
Salaries decreased by 1.6% 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 Virginia range from $40,190 at the 10th percentile (entry level) to $157,070 at the 90th percentile (experienced). The middle 50% earn between $57,200 and $109,380.
The median annual salary for Loan Officers in Virginia is $78,320 as of 2025. The average (mean) salary is $90,090.
What is the salary range for a Loan Officers in Virginia?
Salaries for Loan Officers in Virginia range from $40,190 at the 10th percentile to $157,070 at the 90th percentile. The middle 50% earn between $57,200 and $109,380.
What is the starting salary for a Loan Officers in Virginia?
Entry-level Loan Officers positions in Virginia typically start around $40,190 (10th percentile). With some experience, salaries rise to $57,200 (25th percentile).
How many people work as Loan Officers in Virginia?
According to 2025 BLS data, approximately 8,790 people are employed as Loan Officers in Virginia.
What is the hourly rate for a Loan Officers in Virginia?
Based on a standard 2,080-hour work year, the median hourly rate for a Loan Officers in Virginia is approximately $37.65 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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