Loan Officer Salary in Missouri
The median loan officer salary in Missouri is $57,851 per year, which is 12% below the national median of $65,740.
Loan Officer Salary Overview in Missouri (2026)
Missouri ranks #42 out of 50 states for loan officer compensation. Loan Officer salaries in Missouri are below the national median, though the lower cost of living can offset the difference. At $57,851 per year, loan officers in Missouri earn $7,889 less than the national median of $65,740.
A key advantage of working in Missouri is its below-average cost of living (88% of the national index). This means the $57,851 salary has the purchasing power of roughly $65,740 in an average-cost area.
The salary spread in Missouri is significant: loan officers at the 10th percentile earn $30,976, while those at the 90th percentile bring home $135,344 — a $104,368 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Missouri for this role is Kansas City, where the median reaches $60,481.
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 Missouri by Experience
In Missouri, an entry-level loan officer earns around $33,440, while experienced professionals earn up to $114,400 per year. The cost of living index in Missouri is 88% of the national average.
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Check Your Rate — No Credit Impact →Salary Percentiles in Missouri
| Percentile | MO Salary |
|---|---|
| 10th Percentile | $30,976 |
| 25th Percentile | $39,952 |
| Median (50th) | $57,851 |
| 75th Percentile | $88,000 |
| 90th Percentile | $135,344 |
Loan Officer Salary by City in Missouri
The largest employment areas for loan officers in Missouri include Kansas City, Saint Louis, Springfield, and Columbia. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in Missouri
Education
Most loan officer positions require a bachelor's degree. Missouri has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Missouri
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Missouri's demand may vary based on local industry trends.
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Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $56,549 over your career trajectory.
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