Loan Officer Salary in Grand Island, Nebraska
The median loan officer salary in Grand Island, NE is $56,536 per year, which is 14% below the national median and 6.5% below the Nebraska state average.
Loan Officer Pay in Grand Island: What to Expect (2026)
Grand Island offers a median loan officer salary of $56,536, which is $3,945 below the Nebraska state average of $60,481. Compared to the national median of $65,740, Grand Island pays below the national benchmark for this role.
One of Grand Island's biggest advantages is its low cost of living at 84% of the national average. This means the $56,536 salary stretches further here — equivalent to roughly $67,305 in an average-cost city. This makes Grand Island an attractive option for loan officers seeking strong real-dollar compensation.
The salary range for loan officers in Grand Island spans from $30,272 at the 10th percentile to $132,268 at the 90th percentile — a $101,996 spread. Entry-level professionals start around $32,680, while senior loan officers with 8+ years of experience can earn up to $111,800. Grand Island is a smaller market (pop. 53,131), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Grand Island by Experience
In Grand Island, an entry-level loan officer earns around $32,680, while experienced professionals earn up to $111,800 per year. The local cost of living index is 84% of the national average.
Salary Percentiles in Grand Island, NE
| Percentile | Grand Island |
|---|---|
| 10th Percentile | $30,272 |
| 25th Percentile | $39,044 |
| Median (50th) | $56,536 |
| 75th Percentile | $86,000 |
| 90th Percentile | $132,268 |
Loan Officer Salary in Other Nebraska Cities
How to Become a Loan Officer in Grand Island
Education
Most loan officer positions require a bachelor's degree. Grand Island and the surrounding Nebraska area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Grand Island may vary based on local industry and population growth.
Find Loan Officer Jobs in Grand Island
Browse open loan officer positions in Grand Island, NE: