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 Overview in Texas (2026)

Texas ranks #31 out of 50 states for loan officer compensation. Loan Officer salaries in Texas are below the national median, though the lower cost of living can offset the difference. At $60,481 per year, loan officers in Texas earn $5,259 less than the national median of $65,740.

A key advantage of working in Texas is its below-average cost of living (92% of the national index). This means the $60,481 salary has the purchasing power of roughly $65,740 in an average-cost area.

The salary spread in Texas is significant: loan officers at the 10th percentile earn $32,384, while those at the 90th percentile bring home $141,496 — a $109,112 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Texas for this role is Austin, 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 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

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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.

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Frequently Asked Questions: Loan Officer Salary in Texas

How much does a Loan Officer make in Texas? ▼
The median loan officer salary in Texas is $60,481 per year, which is 8% below the national median of $65,740. Salaries range from $32,384 (10th percentile) to $141,496 (90th percentile).
How much does a Loan Officer make per hour in Texas? ▼
Based on the median annual salary of $60,481, a loan officer in Texas earns approximately $29 per hour assuming a standard 2,080-hour work year.
Is Texas a good state for loan officers? ▼
Texas ranks #31 out of 50 states for loan officer pay. The cost of living index is 92% of the national average. Entry-level loan officers earn $34,960, while senior professionals earn $119,600.
How does Texas compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. Texas's median of $60,481 ranks #31 nationally. Nearby-ranked states include New Mexico ($61,138) and Nebraska ($60,481).
What is the entry-level loan officer salary in Texas? ▼
An entry-level loan officer in Texas earns approximately $34,960 per year. With 3-7 years of experience, pay increases to around $60,720. Senior-level professionals with 8+ years earn up to $119,600.
What city in Texas pays loan officers the most? ▼
Austin is the highest paying city in Texas for loan officers, with a median salary of $69,027. Other cities include Houston and Dallas.