Business & Finance Dallas, TX Pop. 1,304,379

Loan Officer Salary in Dallas, Texas

The median loan officer salary in Dallas, TX is $65,740 per year, which is 0.0% above the national median and 8.7% above the Texas state average.

City Median
$65,740
vs State Avg
+$5,259
vs National
+$0
Cost of Living
100%

Loan Officer Salary in Dallas by Experience

In Dallas, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$38,000
+$0 vs national
Mid Level (3-7 yrs)
$66,000
+$0 vs national
Senior Level (8+ yrs)
$130,000
+$0 vs national

Salary Percentiles in Dallas, TX

Percentile Dallas
10th Percentile $35,200
25th Percentile $45,400
Median (50th) $65,740
75th Percentile $100,000
90th Percentile $153,800

Loan Officer Salary in Other Texas Cities

Austin, TX
$69,027
Pop. 978,908
Houston, TX
$63,110
Pop. 2,304,580
Fort Worth, TX
$60,481
Pop. 918,915
San Antonio, TX
$57,851
Pop. 1,434,625

How to Become a Loan Officer in Dallas

Education

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

Find Loan Officer Jobs in Dallas

Browse open loan officer positions in Dallas, TX:

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Frequently Asked Questions: Loan Officer Salary in Dallas

How much does a Loan Officer make in Dallas, TX? ▼
The median loan officer salary in Dallas, Texas is $65,740 per year, which is 0.0% above the national median of $65,740. Salaries range from $35,200 (10th percentile) to $153,800 (90th percentile).
How much does a Loan Officer make per hour in Dallas? ▼
Based on the median annual salary of $65,740, a loan officer in Dallas earns approximately $32 per hour assuming a standard 2,080-hour work year.
How does Dallas compare to the Texas state average for loan officer pay? ▼
Dallas's median loan officer salary of $65,740 is 8.7% above the Texas state average of $60,481. The local cost of living index is 100% of the national average.
What is the cost of living in Dallas, TX? ▼
Dallas has a cost of living index of 100% compared to the national average. This means a loan officer salary of $65,740 in Dallas has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Dallas? ▼
Most loan officer positions in Dallas 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.