Business & Finance Lincoln, NE Pop. 291,082

Loan Officer Salary in Lincoln, Nebraska

The median loan officer salary in Lincoln, NE is $60,481 per year, which is 8% below the national median and 0.0% above the Nebraska state average.

City Median
$60,481
vs State Avg
+$0
vs National
$-5,259
Cost of Living
90%

Loan Officer Salary in Lincoln by Experience

In Lincoln, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$60,720
$-5,280 vs national
Senior Level (8+ yrs)
$119,600
$-10,400 vs national

Salary Percentiles in Lincoln, NE

Percentile Lincoln
10th Percentile $32,384
25th Percentile $41,768
Median (50th) $60,481
75th Percentile $92,000
90th Percentile $141,496

Loan Officer Salary in Other Nebraska Cities

How to Become a Loan Officer in Lincoln

Education

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