Business & Finance Oklahoma City, OK Pop. 681,054

Loan Officer Salary in Oklahoma City, Oklahoma

The median loan officer salary in Oklahoma City, OK is $57,851 per year, which is 12% below the national median and 2.3% above the Oklahoma state average.

City Median
$57,851
vs State Avg
+$1,315
vs National
$-7,889
Cost of Living
88%

Loan Officer Pay in Oklahoma City: What to Expect (2026)

Oklahoma City offers a median loan officer salary of $57,851, which is $1,315 above the Oklahoma state average of $56,536. Compared to the national median of $65,740, Oklahoma City pays below the national benchmark for this role.

One of Oklahoma City's biggest advantages is its low cost of living at 88% of the national average. This means the $57,851 salary stretches further here — equivalent to roughly $65,740 in an average-cost city. This makes Oklahoma City an attractive option for loan officers seeking strong real-dollar compensation.

The salary range for loan officers in Oklahoma City spans from $30,976 at the 10th percentile to $135,344 at the 90th percentile — a $104,368 spread. Entry-level professionals start around $33,440, while senior loan officers with 8+ years of experience can earn up to $114,400. As a major metro area with a population of 681,054, Oklahoma City typically offers more job opportunities and employer competition, which can drive salaries higher.

Loan Officer Salary in Oklahoma City by Experience

In Oklahoma City, an entry-level loan officer earns around $33,440, while experienced professionals earn up to $114,400 per year. The local cost of living index is 88% of the national average.

Entry Level (0-2 yrs)
$33,440
$-4,560 vs national
Mid Level (3-7 yrs)
$58,080
$-7,920 vs national
Senior Level (8+ yrs)
$114,400
$-15,600 vs national

Salary Percentiles in Oklahoma City, OK

Percentile Oklahoma City
10th Percentile $30,976
25th Percentile $39,952
Median (50th) $57,851
75th Percentile $88,000
90th Percentile $135,344

Loan Officer Salary in Other Oklahoma Cities

How to Become a Loan Officer in Oklahoma City

Education

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

Find Loan Officer Jobs in Oklahoma City

Browse open loan officer positions in Oklahoma City, OK:

Frequently Asked Questions: Loan Officer Salary in Oklahoma City

How much does a Loan Officer make in Oklahoma City, OK? ▼
The median loan officer salary in Oklahoma City, Oklahoma is $57,851 per year, which is 12% below the national median of $65,740. Salaries range from $30,976 (10th percentile) to $135,344 (90th percentile).
How much does a Loan Officer make per hour in Oklahoma City? ▼
Based on the median annual salary of $57,851, a loan officer in Oklahoma City earns approximately $28 per hour assuming a standard 2,080-hour work year.
How does Oklahoma City compare to the Oklahoma state average for loan officer pay? ▼
Oklahoma City's median loan officer salary of $57,851 is 2.3% above the Oklahoma state average of $56,536. The local cost of living index is 88% of the national average.
What is the cost of living in Oklahoma City, OK? ▼
Oklahoma City has a cost of living index of 88% compared to the national average. This means a loan officer salary of $57,851 in Oklahoma City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Oklahoma City? ▼
Most loan officer positions in Oklahoma City 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.