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.

Find Loan Officer Jobs in Lincoln

Browse open loan officer positions in Lincoln, NE:

Frequently Asked Questions: Loan Officer Salary in Lincoln

How much does a Loan Officer make in Lincoln, NE?
The median loan officer salary in Lincoln, Nebraska is $60,481 per year, which is 8% below the national median of $65,740. Salaries range from $32,384 (10th percentile) to $141,496 (90th percentile).
How much does a Loan Officer make per hour in Lincoln?
Based on the median annual salary of $60,481, a loan officer in Lincoln earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Lincoln compare to the Nebraska state average for loan officer pay?
Lincoln's median loan officer salary of $60,481 is 0.0% above the Nebraska state average of $60,481. The local cost of living index is 90% of the national average.
What is the cost of living in Lincoln, NE?
Lincoln has a cost of living index of 90% compared to the national average. This means a loan officer salary of $60,481 in Lincoln has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Lincoln?
Most loan officer positions in Lincoln 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.