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

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.

Find Loan Officer Jobs in Shreveport

Browse open loan officer positions in Shreveport, LA:

Frequently Asked Questions: Loan Officer Salary in Shreveport

How much does a Loan Officer make in Shreveport, LA?
The median loan officer salary in Shreveport, Louisiana 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 Shreveport?
Based on the median annual salary of $55,879, a loan officer in Shreveport earns approximately $27 per hour assuming a standard 2,080-hour work year.
How does Shreveport compare to the Louisiana state average for loan officer pay?
Shreveport's median loan officer salary of $55,879 is 6.6% below the Louisiana state average of $59,823. The local cost of living index is 85% of the national average.
What is the cost of living in Shreveport, LA?
Shreveport has a cost of living index of 85% compared to the national average. This means a loan officer salary of $55,879 in Shreveport has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Shreveport?
Most loan officer positions in Shreveport 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.