Business & Finance Greensboro, NC Pop. 299,035

Loan Officer Salary in Greensboro, North Carolina

The median loan officer salary in Greensboro, NC is $59,823 per year, which is 9% below the national median and 4.2% below the North Carolina state average.

City Median
$59,823
vs State Avg
$-2,630
vs National
$-5,917
Cost of Living
88%

Loan Officer Salary in Greensboro by Experience

In Greensboro, an entry-level loan officer earns around $34,580, while experienced professionals earn up to $118,300 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$34,580
$-3,420 vs national
Mid Level (3-7 yrs)
$60,060
$-5,940 vs national
Senior Level (8+ yrs)
$118,300
$-11,700 vs national

Salary Percentiles in Greensboro, NC

Percentile Greensboro
10th Percentile $32,032
25th Percentile $41,314
Median (50th) $59,823
75th Percentile $91,000
90th Percentile $139,958

Loan Officer Salary in Other North Carolina Cities

How to Become a Loan Officer in Greensboro

Education

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

Find Loan Officer Jobs in Greensboro

Browse open loan officer positions in Greensboro, NC:

Frequently Asked Questions: Loan Officer Salary in Greensboro

How much does a Loan Officer make in Greensboro, NC?
The median loan officer salary in Greensboro, North Carolina is $59,823 per year, which is 9% below the national median of $65,740. Salaries range from $32,032 (10th percentile) to $139,958 (90th percentile).
How much does a Loan Officer make per hour in Greensboro?
Based on the median annual salary of $59,823, a loan officer in Greensboro earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Greensboro compare to the North Carolina state average for loan officer pay?
Greensboro's median loan officer salary of $59,823 is 4.2% below the North Carolina state average of $62,453. The local cost of living index is 88% of the national average.
What is the cost of living in Greensboro, NC?
Greensboro has a cost of living index of 88% compared to the national average. This means a loan officer salary of $59,823 in Greensboro has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Greensboro?
Most loan officer positions in Greensboro 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.