The average salary for a loan officer in South Carolina is around $60,250 per year.
Avg Salary
Loan officers earn an average yearly salary of $60,250.
Wages typically start from $32,120 and go up to $121,810.
12% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$58.56 per hour
$121,810 per year
75th percentile
Senior-level loan officer earnings begin at:
$39.36 per hour
$81,870 per year
50th percentile
Mid-level loan officer earnings begin at:
$28.96 per hour
$60,250 per year
25th percentile
Junior-level loan officer earnings begin at:
$21.20 per hour
$44,090 per year
10th percentile
Starting level loan officer earnings begin at:
$15.44 per hour
$32,120 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 South Carolina. On average, they make less than budget analysts but more than accountants.
| Career | Median Salary |
|---|---|
| Budget analyst salary | $67K |
| Fraud analyst salary | $65K |
| Financial quantitative analyst salary | $65K |
| Investment banker salary | $65K |
| Risk management specialist salary | $65K |
| Loan officer salary | $60K |
| Statistician salary | $66K |
| Credit analyst salary | $61K |
| Auditor salary | $59K |
| Accountant salary | $59K |
Source: CareerExplorer (Aggregated)