The average salary for a loan officer in Mississippi is around $44,480 per year.
Avg Salary
Loan officers earn an average yearly salary of $44,480.
Wages typically start from $28,900 and go up to $101,530.
5% below national average Updated in 2021
Loan officer earnings by seniority
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| New York | $96,430 |
| District of Columbia | $81,170 |
| Massachusetts | $79,570 |
| New Jersey | $78,870 |
| Minnesota | $78,660 |
| Rhode Island | $78,640 |
| Nevada | $78,470 |
| Oregon | $78,300 |
| North Dakota | $77,060 |
| Colorado | $76,920 |
| Kansas | $76,920 |
| New Hampshire | $76,920 |
| Michigan | $76,840 |
| North Carolina | $76,840 |
| Virginia | $76,710 |
| Nebraska | $75,700 |
| Wisconsin | $74,890 |
| Missouri | $74,520 |
| Arkansas | $74,490 |
| Pennsylvania | $65,810 |
| California | $64,390 |
| South Dakota | $63,560 |
| Hawaii | $63,460 |
| Montana | $63,270 |
| Maine | $63,200 |
| Illinois | $63,170 |
| Iowa | $62,650 |
| Maryland | $62,610 |
| Washington | $62,530 |
| Kentucky | $62,320 |
| Ohio | $62,320 |
| Wyoming | $62,160 |
| Georgia | $62,100 |
| Connecticut | $61,850 |
| New Mexico | $61,170 |
| Texas | $61,120 |
| Tennessee | $60,800 |
| Indiana | $60,550 |
| Delaware | $60,140 |
| Florida | $60,110 |
| Oklahoma | $60,110 |
| Vermont | $60,110 |
| Alabama | $53,410 |
| South Carolina | $53,410 |
| Arizona | $52,530 |
| Idaho | $49,920 |
| Louisiana | $49,780 |
| Alaska | $49,620 |
| Utah | $48,300 |
| West Virginia | $48,000 |
| Mississippi | $44,480 |
| Guam | $38,630 |
| Puerto Rico | $30,080 |
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 financial quantitative analysts but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Financial quantitative analyst salary | $49K |
| Investment banker salary | $49K |
| Risk management specialist salary | $49K |
| Securities and commodities broker salary | $45K |
| Stock trader salary | $45K |
| Loan officer salary | $44K |
| Fundraiser salary | $48K |
| Consultant salary | $41K |
| Revenue agent salary | $37K |
| Bookkeeper salary | $37K |
Source: CareerExplorer (Aggregated)