Business & Finance Shreveport, LA Pop. 187,593

Loan Officer Salary in Shreveport, Louisiana

The median loan officer salary in Shreveport, LA is $55,879 per year, which is 15% below the national median and 6.6% below the Louisiana state average.

City Median
$55,879
vs State Avg
$-3,944
vs National
$-9,861
Cost of Living
85%

Loan Officer Salary in Shreveport by Experience

In Shreveport, 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 Shreveport, LA

Percentile Shreveport
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 Louisiana Cities

New Orleans, LA
$64,425
Pop. 383,997
Baton Rouge, LA
$60,481
Pop. 227,470
Lafayette, LA
$57,851
Pop. 121,374
Lake Charles, LA
$56,536
Pop. 80,000

How to Become a Loan Officer in Shreveport

Education

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