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How much does a loan officer make in Richmond?

$69,610a year

Median yearly pay for loan officers in the Richmond, VA metro area. That is $33.47 an hour or $5,801 a month.

Hourly
$33.47
Vs. national median
-9%
Rank among cities
192 of 383
Jobs in the area
1,480
Pay range
Lowest 10%: $40,190Median: $69,610Highest 10%: $129,100
PercentileYearlyHourly
10th$40,190$19.32
25th$49,900$23.99
Median$69,610$33.47
75th$93,850$45.12
90th$129,100$62.05

Other cities in Virginia

Median yearly pay for loan officers.

Washington, DC$97,800
Blacksburg, VA$85,610
Harrisonburg, VA$65,010
Roanoke, VA$64,720
Virginia Beach, VA$64,080
Staunton, VA$63,390
Winchester, VA$63,320
Charlottesville, VA$60,610
Kingsport, TN$60,250
Lynchburg, VA$58,550
Loan Officer salary in Virginia Loan Officer salary in all states

Related jobs in Richmond

Same field, median yearly pay.

Personal Financial Advisor$110,900
Credit Analyst$105,400
Financial Risk Specialist$105,100
Financial and Investment Analyst$104,200
Project Management Specialist$102,200
Financial Examiner$100,500
Labor Relations Specialist$99,390
Management Analyst$95,660
Budget Analyst$92,550
Logistician$92,500
Salaries for every job in Richmond, VA

Frequently asked questions

How much does a loan officer make an hour in Richmond?

The median hourly pay in the Richmond, VA metro area is $33.47 ($69,610 a year).

Do loan officers make more in Richmond than the national average?

No: $69,610 against $76,690 nationally, 9% less.

How does Richmond compare with the rest of Virginia?

The median in Virginia is $78,320, so Richmond pays 11% less.

Where does Richmond rank for loan officer pay?

192 of 383 metro areas with data.

How much does a loan officer make starting out in Richmond?

The lowest-paid 10% make $40,190 or less a year; the top 10% make $129,100 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.