Loan Officer Salary in Arkansas
The median loan officer salary in Arkansas is $55,222 per year, which is 16% below the national median of $65,740.
Loan Officer Salary Overview in Arkansas (2026)
Arkansas ranks #48 out of 50 states for loan officer compensation. Loan Officer salaries in Arkansas are below the national median, though the lower cost of living can offset the difference. At $55,222 per year, loan officers in Arkansas earn $10,518 less than the national median of $65,740.
A key advantage of working in Arkansas is its below-average cost of living (84% of the national index). This means the $55,222 salary has the purchasing power of roughly $65,740 in an average-cost area.
The salary spread in Arkansas is significant: loan officers at the 10th percentile earn $29,568, while those at the 90th percentile bring home $129,192 — a $99,624 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Arkansas for this role is Fayetteville, where the median reaches $57,851.
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.
Loan Officer Salary in Arkansas by Experience
In Arkansas, an entry-level loan officer earns around $31,920, while experienced professionals earn up to $109,200 per year. The cost of living index in Arkansas is 84% of the national average.
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Check Your Rate — No Credit Impact →Salary Percentiles in Arkansas
| Percentile | AR Salary |
|---|---|
| 10th Percentile | $29,568 |
| 25th Percentile | $38,136 |
| Median (50th) | $55,222 |
| 75th Percentile | $84,000 |
| 90th Percentile | $129,192 |
Loan Officer Salary by City in Arkansas
The largest employment areas for loan officers in Arkansas include Little Rock, Fort Smith, Fayetteville, and Springdale. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Arkansas
Education
Most loan officer positions require a bachelor's degree. Arkansas has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Arkansas
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Arkansas's demand may vary based on local industry trends.
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Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $53,978 over your career trajectory.
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