Business & Finance Raleigh, NC Pop. 467,665

Loan Officer Salary in Raleigh, North Carolina

The median loan officer salary in Raleigh, NC is $66,397 per year, which is 1.0% above the national median and 6.3% above the North Carolina state average.

City Median
$66,397
vs State Avg
+$3,944
vs National
+$657
Cost of Living
98%

Loan Officer Salary in Raleigh by Experience

In Raleigh, an entry-level loan officer earns around $38,380, while experienced professionals earn up to $131,300 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$38,380
+$380 vs national
Mid Level (3-7 yrs)
$66,660
+$660 vs national
Senior Level (8+ yrs)
$131,300
+$1,300 vs national

Salary Percentiles in Raleigh, NC

Percentile Raleigh
10th Percentile $35,552
25th Percentile $45,854
Median (50th) $66,397
75th Percentile $101,000
90th Percentile $155,338

Loan Officer Salary in Other North Carolina Cities

Charlotte, NC
$66,397
Pop. 874,579
Durham, NC
$64,425
Pop. 283,506
Greensboro, NC
$59,823
Pop. 299,035
Winston-Salem, NC
$58,509
Pop. 249,545

How to Become a Loan Officer in Raleigh

Education

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

Find Loan Officer Jobs in Raleigh

Browse open loan officer positions in Raleigh, NC:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Raleigh

How much does a Loan Officer make in Raleigh, NC? ▼
The median loan officer salary in Raleigh, North Carolina is $66,397 per year, which is 1.0% above the national median of $65,740. Salaries range from $35,552 (10th percentile) to $155,338 (90th percentile).
How much does a Loan Officer make per hour in Raleigh? ▼
Based on the median annual salary of $66,397, a loan officer in Raleigh earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Raleigh compare to the North Carolina state average for loan officer pay? ▼
Raleigh's median loan officer salary of $66,397 is 6.3% above the North Carolina state average of $62,453. The local cost of living index is 98% of the national average.
What is the cost of living in Raleigh, NC? ▼
Raleigh has a cost of living index of 98% compared to the national average. This means a loan officer salary of $66,397 in Raleigh has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Raleigh? ▼
Most loan officer positions in Raleigh 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.