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 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.
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 |
Major Cities for Loan Officers in South Carolina
The largest employment areas for loan officers in South Carolina include Charleston, Columbia, Greenville, and North Charleston. Salaries in major metro areas may be higher due to increased demand and cost of living.
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.