The average salary for a loan officer in Louisiana is around $48,230 per year.
Avg Salary
Loan officers earn an average yearly salary of $48,230.
Wages typically start from $28,030 and go up to $95,370.
8% below national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$45.85 per hour
$95,370 per year
75th percentile
Senior-level loan officer earnings begin at:
$32.80 per hour
$68,210 per year
50th percentile
Mid-level loan officer earnings begin at:
$23.19 per hour
$48,230 per year
25th percentile
Junior-level loan officer earnings begin at:
$16.57 per hour
$34,460 per year
10th percentile
Starting level loan officer earnings begin at:
$13.48 per hour
$28,030 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 Louisiana. On average, they make less than risk management specialists but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Risk management specialist salary | $55K |
| Investment banker salary | $55K |
| Financial quantitative analyst salary | $55K |
| Fraud analyst salary | $55K |
| Operations research analyst salary | $53K |
| Loan officer salary | $48K |
| Revenue agent salary | $44K |
| Social fundraiser salary | $40K |
| Tax preparer salary | $31K |
| Bookkeeper salary | $36K |
Source: CareerExplorer (Aggregated)