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Banking Loan Officer Mortgage Salary in Foster City, CA
How much does a Banking Loan Officer Mortgage make in Foster City, CA?
$92,447 (USD)/year
Average Bonus
$3,217 (USD)
per Year
Total Compensation
$94,507.16
Entry Level
$66,304
Median
$91,290
Senior Level
$104,694
As of July, 23, 2026, the average banking loan officer mortgage gross salary in Foster City, California is $92,447 or an equivalent hourly rate of $44. In addition, banking loan officer mortgages earn an average bonus of $3,217. An entry level banking loan officer mortgage with 1-3 years of experience earns an average salary of $66,304. At the higher end of the pay range, a senior level banking loan officer mortgage with 8+ years of experience earns an average salary of $104,694. Salary estimates are based on salary survey data collected directly from employers in Foster City, California.
Data powered by ERI
Salary Potential for a Banking Loan Officer Mortgage
Explore the estimated salary growth for a Banking Loan Officer Mortgage in Foster City, CA for up to 5 years. The estimated salary of a Banking Loan Officer Mortgage will be $94,833 in 1 year and $105,006 in 5 years.
View Salary by Year
Estimated Salary
$97,280
Average Growth
5.2 %
The estimated salary for a Banking Loan Officer Mortgage in 2 years is $97,280, which is 5.2 % average growth. This information is based on ERI's compensation database.
Typical Banking Loan Officer Mortgage Education
This chart displays the highest level of education for Banking Loan Officer Mortgages.
- 0% of Banking Loan Officer Mortgages have less than a High School Diploma
- 26% of Banking Loan Officer Mortgages have a High School Diploma
- 14% of Banking Loan Officer Mortgages have an Associate's Degree
- 48% of Banking Loan Officer Mortgages have a Bachelor's Degree
- 10% of Banking Loan Officer Mortgages have a Master's Degree
- 1% of Banking Loan Officer Mortgages have a Doctorate Degree
The typical field of study for a Banking Loan Officer Mortgage is Finance.
See how education can impact your salaryPopular Skills for a Banking Loan Officer Mortgage
Skills data not available for this job
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Banking Loan Officer Mortgage Salaries in Other Locations
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View moreCost of Living in Foster City, CA
The cost of living in Foster City, CA is 62% higher than the national average.
62% higher
than the national average
Whether you're planning to move or just want to see the cost of living in different locations, our cost-of-living calculator is the place to start. Compare salaries for other locations by city, U.S. ZIP code, state, or country.
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Frequently Asked Questions
What does a Banking Loan Officer Mortgage do?
Interviews applicants, and reviews, evaluates, and authorizes or recommends approval of customer applications for conventional residential mortgage and FHA/VA loans. Interviews applicant and requests specified information for mortgage loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan, or may submit application to Credit Analyst for verification and recommendation.
How much does a Banking Loan Officer Mortgage make in Foster City, CA?
The average salary for a Banking Loan Officer Mortgage is $92,447 per year or $44.45 per hour in Foster City, CA. Top earners have reported making up to $104,694. However, the typical pay range in Foster City, CA is between $66,304 and $104,694 annually.
What is the salary trajectory for a Banking Loan Officer Mortgage?
Banking Loan Officer Mortgage is projected to see a 13.6 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Banking Loan Officer Mortgage salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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