Loan Officers Salary
Loan Officers in Colorado make a median of $94,520 a year, or about $45.44 an hour. The range runs from $39K at the entry level to $165K for experienced workers.
Statewide average. Salary and cost of living vary significantly across Colorado. Jump to a metro for precise data:
So what does $95K get you in Colorado?
About loan officers
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Compensation breakdown
Annual earnings by percentile, Colorado
Entry-level loan officers (10th percentile) start around $39K. Mid-career wages sit at $95K. Top earners bring in $165K or more, a $126K spread from bottom to top.
Loan Officers salary by metro in Colorado
7 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Denver-Aurora-Centennial | $100K | +6% | 1,970 |
| Fort Collins-Loveland | $98K | +4% | 160 |
| Pueblo | $87K | -8% | 40 |
| Colorado Springs | $80K | -16% | 380 |
| Greeley | $80K | -16% | 80 |
| Boulder | $78K | -17% | 90 |
| Grand Junction | $74K | -22% | 60 |
Compare to other states
Track loan officers salary changes
BLS updates this data quarterly. We'll email you when Colorado numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Colorado?
It’s a stretch — at the median salary of $95K, rent takes 34.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $2,044/month. The 30% guideline puts the comfortable ceiling at roughly $1,800/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for loan officers in Colorado?
The 10th-percentile wage — what new loan officers typically earn — is $39K/year. Take-home on that works out to about $2,366/month.
Is loan officer a high-paying job in Colorado?
Local pay is 23% above the national median — $95K here vs. $77K nationally.
How does Colorado compare to the national average for loan officers?
Colorado pays $95K median vs. the U.S. average of $77K — that’s +23%.
How much do loan officers make in Colorado?
The median is $94,520 a year, that works out to about $45 an hour. But the range is wide: entry-level workers start around $39,430, and experienced loan officers can clear $165,370. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $95K enough to live in Colorado?
On that salary, you'd take home roughly $5,894/month after taxes. A 2-bedroom here rents for about $2,044/month, which eats 34.7% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a loan officers salary go in Colorado?
Colorado has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median loan officers salary is worth about $94,520 in national-average purchasing power.
Where do loan officers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.