Business & Finance North Carolina (NC) Rank #27 of 50

Loan Officer Salary in North Carolina

The median loan officer salary in North Carolina is $62,453 per year, which is 5% below the national median of $65,740.

Median Salary
$62,453
vs National
$-3,287
State Rank
#27 of 50
Cost of Living
92%

Loan Officer Salary in North Carolina by Experience

In North Carolina, an entry-level loan officer earns around $36,100, while experienced professionals earn up to $123,500 per year. The cost of living index in North Carolina is 92% of the national average.

Entry Level (0-2 yrs)
$36,100
$-1,900 vs national
Mid Level (3-7 yrs)
$62,700
$-3,300 vs national
Senior Level (8+ yrs)
$123,500
$-6,500 vs national

Salary Percentiles in North Carolina

Percentile NC Salary
10th Percentile $33,440
25th Percentile $43,130
Median (50th) $62,453
75th Percentile $95,000
90th Percentile $146,110

Major Cities for Loan Officers in North Carolina

The largest employment areas for loan officers in North Carolina include Charlotte, Raleigh, Durham, and Greensboro. Salaries in major metro areas may be higher due to increased demand and cost of living.

Charlotte, NC
Metro area for loan officer employment
Raleigh, NC
Metro area for loan officer employment
Durham, NC
Metro area for loan officer employment
Greensboro, NC
Metro area for loan officer employment
Winston-Salem, NC
Metro area for loan officer employment

How to Become a Loan Officer in North Carolina

Education

Most loan officer positions require a bachelor's degree. North Carolina has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in North Carolina

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). North Carolina's demand may vary based on local industry trends.