Business & Finance Fort Wayne, IN Pop. 263,886

Loan Officer Salary in Fort Wayne, Indiana

The median loan officer salary in Fort Wayne, IN is $55,879 per year, which is 15% below the national median and 5.6% below the Indiana state average.

City Median
$55,879
vs State Avg
$-3,287
vs National
$-9,861
Cost of Living
85%

Loan Officer Salary in Fort Wayne by Experience

In Fort Wayne, an entry-level loan officer earns around $32,300, while experienced professionals earn up to $110,500 per year. The local cost of living index is 85% of the national average.

Entry Level (0-2 yrs)
$32,300
$-5,700 vs national
Mid Level (3-7 yrs)
$56,100
$-9,900 vs national
Senior Level (8+ yrs)
$110,500
$-19,500 vs national

Salary Percentiles in Fort Wayne, IN

Percentile Fort Wayne
10th Percentile $29,920
25th Percentile $38,590
Median (50th) $55,879
75th Percentile $85,000
90th Percentile $130,730

Loan Officer Salary in Other Indiana Cities

Carmel, IN
$69,027
Pop. 99,757
Indianapolis, IN
$61,138
Pop. 887,642
Evansville, IN
$55,222
Pop. 117,429
South Bend, IN
$54,564
Pop. 103,453

How to Become a Loan Officer in Fort Wayne

Education

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