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

Miami, FL
$77,573
Pop. 442,241
Orlando, FL
$67,055
Pop. 307,573
Tampa, FL
$65,740
Pop. 384,959
Jacksonville, FL
$62,453
Pop. 949,611

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.

Find Loan Officer Jobs in Fort Lauderdale

Browse open loan officer positions in Fort Lauderdale, FL:

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Frequently Asked Questions: Loan Officer Salary in Fort Lauderdale

How much does a Loan Officer make in Fort Lauderdale, FL? ▼
The median loan officer salary in Fort Lauderdale, Florida is $75,601 per year, which is 15.0% above the national median of $65,740. Salaries range from $40,480 (10th percentile) to $176,870 (90th percentile).
How much does a Loan Officer make per hour in Fort Lauderdale? ▼
Based on the median annual salary of $75,601, a loan officer in Fort Lauderdale earns approximately $36 per hour assuming a standard 2,080-hour work year.
How does Fort Lauderdale compare to the Florida state average for loan officer pay? ▼
Fort Lauderdale's median loan officer salary of $75,601 is 17.3% above the Florida state average of $64,425. The local cost of living index is 115% of the national average.
What is the cost of living in Fort Lauderdale, FL? ▼
Fort Lauderdale has a cost of living index of 115% compared to the national average. This means a loan officer salary of $75,601 in Fort Lauderdale has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Fort Lauderdale? ▼
Most loan officer positions in Fort Lauderdale require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.