The average salary for a loan officer in Mississippi is around $57,500 per year.
Avg Salary
Loan officers earn an average yearly salary of $57,500.
Wages typically start from $32,160 and go up to $110,860.
10% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$53.30 per hour
$110,860 per year
75th percentile
Senior-level loan officer earnings begin at:
$38.87 per hour
$80,850 per year
50th percentile
Mid-level loan officer earnings begin at:
$27.64 per hour
$57,500 per year
25th percentile
Junior-level loan officer earnings begin at:
$18.44 per hour
$38,360 per year
10th percentile
Starting level loan officer earnings begin at:
$15.46 per hour
$32,160 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 Mississippi. On average, they make less than stock traders but more than financial quantitative analysts.
| Career | Median Salary |
|---|---|
| Stock trader salary | $49K |
| Operations research analyst salary | $72K |
| Financial analyst salary | $70K |
| Business analyst salary | $65K |
| Statistician salary | $62K |
| Loan officer salary | $58K |
| Risk management specialist salary | $59K |
| Investment banker salary | $59K |
| Fraud analyst salary | $59K |
| Financial quantitative analyst salary | $59K |
Source: CareerExplorer (Aggregated)