Business & Finance Fort Lauderdale, FL Pop. 182,760

Loan Officer Salary in Fort Lauderdale, Florida

The median loan officer salary in Fort Lauderdale, FL is $75,601 per year, which is 15.0% above the national median and 17.3% above the Florida state average.

City Median
$75,601
vs State Avg
+$11,176
vs National
+$9,861
Cost of Living
115%

Loan Officer Salary in Fort Lauderdale by Experience

In Fort Lauderdale, an entry-level loan officer earns around $43,700, while experienced professionals earn up to $149,500 per year. The local cost of living index is 115% of the national average.

Entry Level (0-2 yrs)
$43,700
+$5,700 vs national
Mid Level (3-7 yrs)
$75,900
+$9,900 vs national
Senior Level (8+ yrs)
$149,500
+$19,500 vs national

Salary Percentiles in Fort Lauderdale, FL

Percentile Fort Lauderdale
10th Percentile $40,480
25th Percentile $52,210
Median (50th) $75,601
75th Percentile $115,000
90th Percentile $176,870

Loan Officer Salary in Other Florida Cities

How to Become a Loan Officer in Fort Lauderdale

Education

Most loan officer positions require a bachelor's degree. Fort Lauderdale and the surrounding Florida area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Fort Lauderdale may vary based on local industry and population growth.