Loan Officer Salary in Texas
The median loan officer salary in Texas is $60,481 per year, which is 8% below the national median of $65,740.
Loan Officer Salary in Texas by Experience
In Texas, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The cost of living index in Texas is 92% of the national average.
Salary Percentiles in Texas
| Percentile | TX Salary |
|---|---|
| 10th Percentile | $32,384 |
| 25th Percentile | $41,768 |
| Median (50th) | $60,481 |
| 75th Percentile | $92,000 |
| 90th Percentile | $141,496 |
Major Cities for Loan Officers in Texas
The largest employment areas for loan officers in Texas include Houston, Dallas, Austin, and San Antonio. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in Texas
Education
Most loan officer positions require a bachelor's degree. Texas has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Texas
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Texas's demand may vary based on local industry trends.