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.

Find Loan Officer Jobs in Fort Wayne

Browse open loan officer positions in Fort Wayne, IN:

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Frequently Asked Questions: Loan Officer Salary in Fort Wayne

How much does a Loan Officer make in Fort Wayne, IN? ▼
The median loan officer salary in Fort Wayne, Indiana is $55,879 per year, which is 15% below the national median of $65,740. Salaries range from $29,920 (10th percentile) to $130,730 (90th percentile).
How much does a Loan Officer make per hour in Fort Wayne? ▼
Based on the median annual salary of $55,879, a loan officer in Fort Wayne earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Fort Wayne compare to the Indiana state average for loan officer pay? ▼
Fort Wayne's median loan officer salary of $55,879 is 5.6% below the Indiana state average of $59,166. The local cost of living index is 85% of the national average.
What is the cost of living in Fort Wayne, IN? ▼
Fort Wayne has a cost of living index of 85% compared to the national average. This means a loan officer salary of $55,879 in Fort Wayne has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Fort Wayne? ▼
Most loan officer positions in Fort Wayne 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.