Business & Finance Texas (TX) Rank #31 of 50

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.

Median Salary
$60,481
vs National
$-5,259
State Rank
#31 of 50
Cost of Living
92%

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.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$60,720
$-5,280 vs national
Senior Level (8+ yrs)
$119,600
$-10,400 vs national

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

Loan Officer Salary by City in Texas

The largest employment areas for loan officers in Texas include Houston, Dallas, Austin, and San Antonio. Salaries vary by city based on local cost of living and demand.

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

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

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.