Business & Finance Lafayette, LA Pop. 121,374

Loan Officer Salary in Lafayette, Louisiana

The median loan officer salary in Lafayette, LA is $57,851 per year, which is 12% below the national median and 3.3% below the Louisiana state average.

City Median
$57,851
vs State Avg
$-1,972
vs National
$-7,889
Cost of Living
88%

Loan Officer Pay in Lafayette: What to Expect (2026)

Lafayette offers a median loan officer salary of $57,851, which is $1,972 below the Louisiana state average of $59,823. Compared to the national median of $65,740, Lafayette pays below the national benchmark for this role.

One of Lafayette's biggest advantages is its low cost of living at 88% of the national average. This means the $57,851 salary stretches further here — equivalent to roughly $65,740 in an average-cost city. This makes Lafayette an attractive option for loan officers seeking strong real-dollar compensation.

The salary range for loan officers in Lafayette spans from $30,976 at the 10th percentile to $135,344 at the 90th percentile — a $104,368 spread. Entry-level professionals start around $33,440, while senior loan officers with 8+ years of experience can earn up to $114,400. With a population of 121,374, Lafayette is a mid-sized metro with a growing job market.

Loan Officer Salary in Lafayette by Experience

In Lafayette, an entry-level loan officer earns around $33,440, while experienced professionals earn up to $114,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$58,080
$-7,920 vs national
Senior Level (8+ yrs)
$114,400
$-15,600 vs national

Salary Percentiles in Lafayette, LA

Percentile Lafayette
10th Percentile $30,976
25th Percentile $39,952
Median (50th) $57,851
75th Percentile $88,000
90th Percentile $135,344

Loan Officer Salary in Other Louisiana Cities

New Orleans, LA
$64,425
Pop. 383,997
Baton Rouge, LA
$60,481
Pop. 227,470
Lake Charles, LA
$56,536
Pop. 80,000
Shreveport, LA
$55,879
Pop. 187,593

How to Become a Loan Officer in Lafayette

Education

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

Find Loan Officer Jobs in Lafayette

Browse open loan officer positions in Lafayette, LA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Lafayette

How much does a Loan Officer make in Lafayette, LA? ▼
The median loan officer salary in Lafayette, Louisiana is $57,851 per year, which is 12% below the national median of $65,740. Salaries range from $30,976 (10th percentile) to $135,344 (90th percentile).
How much does a Loan Officer make per hour in Lafayette? ▼
Based on the median annual salary of $57,851, a loan officer in Lafayette earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Lafayette compare to the Louisiana state average for loan officer pay? ▼
Lafayette's median loan officer salary of $57,851 is 3.3% below the Louisiana state average of $59,823. The local cost of living index is 88% of the national average.
What is the cost of living in Lafayette, LA? ▼
Lafayette has a cost of living index of 88% compared to the national average. This means a loan officer salary of $57,851 in Lafayette has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Lafayette? ▼
Most loan officer positions in Lafayette 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.