Loan Officer Salary in Mississippi
The median loan officer salary in Mississippi is $54,564 per year, which is 17% below the national median of $65,740.
Loan Officer Salary Overview in Mississippi (2026)
Mississippi ranks #50 out of 50 states for loan officer compensation. Loan Officer salaries in Mississippi are below the national median, though the lower cost of living can offset the difference. At $54,564 per year, loan officers in Mississippi earn $11,176 less than the national median of $65,740.
A key advantage of working in Mississippi is its below-average cost of living (83% of the national index). This means the $54,564 salary has the purchasing power of roughly $65,740 in an average-cost area.
The salary spread in Mississippi is significant: loan officers at the 10th percentile earn $29,216, while those at the 90th percentile bring home $127,654 — a $98,438 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Mississippi for this role is Jackson, where the median reaches $55,879.
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.
Loan Officer Salary in Mississippi by Experience
In Mississippi, an entry-level loan officer earns around $31,540, while experienced professionals earn up to $107,900 per year. The cost of living index in Mississippi is 83% of the national average.
Save More on Student Loans
Earning $54,564? You may qualify for student loan refinancing rates as low as 4.49% — potentially saving $14,000+ over the life of your loan.
Check Your Rate — No Credit Impact →Salary Percentiles in Mississippi
| Percentile | MS Salary |
|---|---|
| 10th Percentile | $29,216 |
| 25th Percentile | $37,682 |
| Median (50th) | $54,564 |
| 75th Percentile | $83,000 |
| 90th Percentile | $127,654 |
Loan Officer Salary by City in Mississippi
The largest employment areas for loan officers in Mississippi include Jackson, Gulfport, Southaven, and Hattiesburg. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Mississippi
Education
Most loan officer positions require a bachelor's degree. Mississippi has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Mississippi
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Mississippi's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $53,336 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Loan Officer Roles in Mississippi?
Get matched with recruiters hiring loan officers in Mississippi at competitive salaries.
Or browse positions directly: