The average salary for a loan officer in Georgia is around $54,690 per year.
Avg Salary
Loan officers earn an average yearly salary of $54,690.
Wages typically start from $28,970 and go up to $131,410.
14% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$63.18 per hour
$131,410 per year
75th percentile
Senior-level loan officer earnings begin at:
$43.22 per hour
$89,900 per year
50th percentile
Mid-level loan officer earnings begin at:
$26.29 per hour
$54,690 per year
25th percentile
Junior-level loan officer earnings begin at:
$17.75 per hour
$36,930 per year
10th percentile
Starting level loan officer earnings begin at:
$13.93 per hour
$28,970 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $88,768 |
| Illinois | $81,620 |
| New York | $78,520 |
| New Hampshire | $76,430 |
| Nebraska | $75,800 |
| Kansas | $75,462 |
| District of Columbia | $74,840 |
| New Jersey | $73,180 |
| Minnesota | $72,030 |
| Massachusetts | $70,090 |
| Texas | $68,710 |
| Maryland | $68,060 |
| Missouri | $68,010 |
| Florida | $67,760 |
| North Dakota | $67,610 |
| Kentucky | $67,450 |
| Pennsylvania | $66,807 |
| Hawaii | $66,666 |
| Ohio | $64,770 |
| Oregon | $64,610 |
| Maine | $64,110 |
| Virginia | $63,860 |
| Wisconsin | $62,850 |
| North Carolina | $62,360 |
| Wyoming | $61,860 |
| Iowa | $61,518 |
| Oklahoma | $61,230 |
| Colorado | $61,010 |
| Nevada | $60,630 |
| Washington | $60,540 |
| Rhode Island | $60,460 |
| California | $60,420 |
| South Carolina | $60,250 |
| Delaware | $60,140 |
| Idaho | $59,677 |
| South Dakota | $59,520 |
| Vermont | $58,650 |
| Montana | $57,840 |
| Mississippi | $57,500 |
| Indiana | $57,023 |
| Alaska | $56,980 |
| Arkansas | $55,514 |
| Georgia | $54,690 |
| Tennessee | $54,490 |
| Alabama | $53,488 |
| Arizona | $52,696 |
| New Mexico | $51,460 |
| West Virginia | $48,820 |
| Louisiana | $48,230 |
| Guam | $45,840 |
| Utah | $45,470 |
| Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Georgia. On average, they make less than financial analysts but more than cost estimators.
| Career | Median Salary |
|---|---|
| Financial analyst salary | $75K |
| Stock trader salary | $53K |
| Securities and commodities broker salary | $53K |
| Auditor salary | $69K |
| Accountant salary | $69K |
| Loan officer salary | $55K |
| Budget analyst salary | $68K |
| Credit analyst salary | $64K |
| Operations research analyst salary | $63K |
| Cost estimator salary | $62K |
Source: CareerExplorer (Aggregated)