Business & Finance Savannah, GA Pop. 147,780

Loan Officer Salary in Savannah, Georgia

The median loan officer salary in Savannah, GA is $61,796 per year, which is 6% below the national median and 1.1% below the Georgia state average.

City Median
$61,796
vs State Avg
$-657
vs National
$-3,944
Cost of Living
92%

Loan Officer Salary in Savannah by Experience

In Savannah, an entry-level loan officer earns around $35,720, while experienced professionals earn up to $122,200 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$35,720
$-2,280 vs national
Mid Level (3-7 yrs)
$62,040
$-3,960 vs national
Senior Level (8+ yrs)
$122,200
$-7,800 vs national

Salary Percentiles in Savannah, GA

Percentile Savannah
10th Percentile $33,088
25th Percentile $42,676
Median (50th) $61,796
75th Percentile $94,000
90th Percentile $144,572

Loan Officer Salary in Other Georgia Cities

Atlanta, GA
$68,370
Pop. 498,715
Athens, GA
$60,481
Pop. 127,064
Augusta, GA
$59,166
Pop. 202,081
Columbus, GA
$57,851
Pop. 206,922

How to Become a Loan Officer in Savannah

Education

Most loan officer positions require a bachelor's degree. Savannah and the surrounding Georgia 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 Savannah may vary based on local industry and population growth.

Find Loan Officer Jobs in Savannah

Browse open loan officer positions in Savannah, GA:

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Frequently Asked Questions: Loan Officer Salary in Savannah

How much does a Loan Officer make in Savannah, GA? ▼
The median loan officer salary in Savannah, Georgia is $61,796 per year, which is 6% below the national median of $65,740. Salaries range from $33,088 (10th percentile) to $144,572 (90th percentile).
How much does a Loan Officer make per hour in Savannah? ▼
Based on the median annual salary of $61,796, a loan officer in Savannah earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does Savannah compare to the Georgia state average for loan officer pay? ▼
Savannah's median loan officer salary of $61,796 is 1.1% below the Georgia state average of $62,453. The local cost of living index is 92% of the national average.
What is the cost of living in Savannah, GA? ▼
Savannah has a cost of living index of 92% compared to the national average. This means a loan officer salary of $61,796 in Savannah has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Savannah? ▼
Most loan officer positions in Savannah 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.