Loan Officer Salary in South Carolina
The median loan officer salary in South Carolina is $58,509 per year, which is 11% below the national median of $65,740.
Loan Officer Salary Overview in South Carolina (2026)
South Carolina ranks #40 out of 50 states for loan officer compensation. Loan Officer salaries in South Carolina are below the national median, though the lower cost of living can offset the difference. At $58,509 per year, loan officers in South Carolina earn $7,231 less than the national median of $65,740.
A key advantage of working in South Carolina is its below-average cost of living (89% of the national index). This means the $58,509 salary has the purchasing power of roughly $65,740 in an average-cost area.
The salary spread in South Carolina is significant: loan officers at the 10th percentile earn $31,328, while those at the 90th percentile bring home $136,882 — a $105,554 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in South Carolina for this role is Mount Pleasant, where the median reaches $69,027.
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.
Loan Officer Salary in South Carolina by Experience
In South Carolina, an entry-level loan officer earns around $33,820, while experienced professionals earn up to $115,700 per year. The cost of living index in South Carolina is 89% of the national average.
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Check Your Rate — No Credit Impact →Salary Percentiles in South Carolina
| Percentile | SC Salary |
|---|---|
| 10th Percentile | $31,328 |
| 25th Percentile | $40,406 |
| Median (50th) | $58,509 |
| 75th Percentile | $89,000 |
| 90th Percentile | $136,882 |
Loan Officer Salary by City in South Carolina
The largest employment areas for loan officers in South Carolina include Charleston, Columbia, Greenville, and North Charleston. Salaries vary by city based on local cost of living and demand.
How to Become a Loan Officer in South Carolina
Education
Most loan officer positions require a bachelor's degree. South Carolina has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in South Carolina
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). South Carolina's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Loan Officers who negotiate earn 7–15% more. A single negotiation could add $57,191 over your career trajectory.
Get Negotiation Scripts — $197 →Open to Loan Officer Roles in South Carolina?
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