The average salary for a loan officer in Arkansas is around $70,260 per year.
Avg Salary
Loan officers earn an average yearly salary of $70,260.
Wages typically start from $39,210 and go up to $136,500.
38% above national average Updated in 2025
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$65.63 per hour
$136,500 per year
75th percentile
Senior-level loan officer earnings begin at:
$51.30 per hour
$106,700 per year
50th percentile
Mid-level loan officer earnings begin at:
$33.78 per hour
$70,260 per year
25th percentile
Junior-level loan officer earnings begin at:
$25.00 per hour
$51,990 per year
10th percentile
Starting level loan officer earnings begin at:
$18.85 per hour
$39,210 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
| North Dakota | $84,650 |
| Iowa | $83,670 |
| Delaware | $83,130 |
| Maine | $81,900 |
| California | $81,770 |
| New Hampshire | $80,660 |
| Washington | $80,120 |
| South Dakota | $79,920 |
| Nebraska | $79,840 |
| Wyoming | $79,620 |
| Illinois | $79,150 |
| Virginia | $78,320 |
| Wisconsin | $78,290 |
| Rhode Island | $77,250 |
| Ohio | $76,370 |
| North Carolina | $75,920 |
| Michigan | $74,470 |
| Missouri | $73,660 |
| Maryland | $73,580 |
| Oklahoma | $72,990 |
| Indiana | $72,960 |
| Alaska | $72,800 |
| Montana | $71,570 |
| Florida | $71,090 |
| Idaho | $71,070 |
| Arkansas | $70,260 |
| Pennsylvania | $69,300 |
| Georgia | $68,490 |
| Alabama | $66,710 |
| Texas | $66,370 |
| Nevada | $64,500 |
| Hawaii | $63,740 |
| South Carolina | $63,220 |
| Tennessee | $62,800 |
| New Mexico | $62,610 |
| Arizona | $62,160 |
| Kentucky | $62,090 |
| Louisiana | $61,110 |
| Mississippi | $60,260 |
| Utah | $59,440 |
| West Virginia | $57,580 |
| Guam | $45,840 |
| Puerto Rico | $29,150 |
| Massachusetts | $101,600 |
How do loan officer salaries compare to similar careers?
Loan officers earn 8% less than similar careers in Arkansas. On average, they make less than financial advisors but more than credit analysts.
| Career | Median Salary |
|---|---|
| Financial advisor salary | $79K |
| Statistician salary | $106K |
| Investment fund manager salary | $88K |
| Financial analyst salary | $81K |
| Fundraising manager salary | $71K |
| Loan officer salary | $70K |
| Business analyst salary | $73K |
| Stock trader salary | $55K |
| Securities and commodities broker salary | $55K |
| Credit analyst salary | $71K |
Source: CareerExplorer (Aggregated)