Business & Finance Mount Pleasant, SC Pop. 94,171

Loan Officer Salary in Mount Pleasant, South Carolina

The median loan officer salary in Mount Pleasant, SC is $69,027 per year, which is 5.0% above the national median and 18.0% above the South Carolina state average.

City Median
$69,027
vs State Avg
+$10,518
vs National
+$3,287
Cost of Living
105%

Loan Officer Salary in Mount Pleasant by Experience

In Mount Pleasant, an entry-level loan officer earns around $39,900, while experienced professionals earn up to $136,500 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$39,900
+$1,900 vs national
Mid Level (3-7 yrs)
$69,300
+$3,300 vs national
Senior Level (8+ yrs)
$136,500
+$6,500 vs national

Salary Percentiles in Mount Pleasant, SC

Percentile Mount Pleasant
10th Percentile $36,960
25th Percentile $47,670
Median (50th) $69,027
75th Percentile $105,000
90th Percentile $161,490

Loan Officer Salary in Other South Carolina Cities

How to Become a Loan Officer in Mount Pleasant

Education

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

Find Loan Officer Jobs in Mount Pleasant

Browse open loan officer positions in Mount Pleasant, SC:

Frequently Asked Questions: Loan Officer Salary in Mount Pleasant

How much does a Loan Officer make in Mount Pleasant, SC?
The median loan officer salary in Mount Pleasant, South Carolina is $69,027 per year, which is 5.0% above the national median of $65,740. Salaries range from $36,960 (10th percentile) to $161,490 (90th percentile).
How much does a Loan Officer make per hour in Mount Pleasant?
Based on the median annual salary of $69,027, a loan officer in Mount Pleasant earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Mount Pleasant compare to the South Carolina state average for loan officer pay?
Mount Pleasant's median loan officer salary of $69,027 is 18.0% above the South Carolina state average of $58,509. The local cost of living index is 105% of the national average.
What is the cost of living in Mount Pleasant, SC?
Mount Pleasant has a cost of living index of 105% compared to the national average. This means a loan officer salary of $69,027 in Mount Pleasant has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Mount Pleasant?
Most loan officer positions in Mount Pleasant 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.