Business & Finance Hattiesburg, MS Pop. 48,728

Loan Officer Salary in Hattiesburg, Mississippi

The median loan officer salary in Hattiesburg, MS is $52,592 per year, which is 20% below the national median and 3.6% below the Mississippi state average.

City Median
$52,592
vs State Avg
$-1,972
vs National
$-13,148
Cost of Living
80%

Loan Officer Salary in Hattiesburg by Experience

In Hattiesburg, an entry-level loan officer earns around $30,400, while experienced professionals earn up to $104,000 per year. The local cost of living index is 80% of the national average.

Entry Level (0-2 yrs)
$30,400
$-7,600 vs national
Mid Level (3-7 yrs)
$52,800
$-13,200 vs national
Senior Level (8+ yrs)
$104,000
$-26,000 vs national

Salary Percentiles in Hattiesburg, MS

Percentile Hattiesburg
10th Percentile $28,160
25th Percentile $36,320
Median (50th) $52,592
75th Percentile $80,000
90th Percentile $123,040

Loan Officer Salary in Other Mississippi Cities

Jackson, MS
$55,879
Pop. 153,701
Southaven, MS
$55,222
Pop. 55,026
Biloxi, MS
$54,564
Pop. 46,212
Gulfport, MS
$53,907
Pop. 72,926

How to Become a Loan Officer in Hattiesburg

Education

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

Find Loan Officer Jobs in Hattiesburg

Browse open loan officer positions in Hattiesburg, MS:

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Frequently Asked Questions: Loan Officer Salary in Hattiesburg

How much does a Loan Officer make in Hattiesburg, MS? ▼
The median loan officer salary in Hattiesburg, Mississippi is $52,592 per year, which is 20% below the national median of $65,740. Salaries range from $28,160 (10th percentile) to $123,040 (90th percentile).
How much does a Loan Officer make per hour in Hattiesburg? ▼
Based on the median annual salary of $52,592, a loan officer in Hattiesburg earns approximately $25 per hour assuming a standard 2,080-hour work year.
How does Hattiesburg compare to the Mississippi state average for loan officer pay? ▼
Hattiesburg's median loan officer salary of $52,592 is 3.6% below the Mississippi state average of $54,564. The local cost of living index is 80% of the national average.
What is the cost of living in Hattiesburg, MS? ▼
Hattiesburg has a cost of living index of 80% compared to the national average. This means a loan officer salary of $52,592 in Hattiesburg has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Hattiesburg? ▼
Most loan officer positions in Hattiesburg 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.