The average salary for a loan officer in Mississippi is around $60,260 per year.
Avg Salary
Loan officers earn an average yearly salary of $60,260.
Wages typically start from $37,030 and go up to $131,510.
18% above national average Updated in 2025
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$63.22 per hour
$131,510 per year
75th percentile
Senior-level loan officer earnings begin at:
$40.06 per hour
$83,330 per year
50th percentile
Mid-level loan officer earnings begin at:
$28.97 per hour
$60,260 per year
25th percentile
Junior-level loan officer earnings begin at:
$21.60 per hour
$44,930 per year
10th percentile
Starting level loan officer earnings begin at:
$17.80 per hour
$37,030 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 about the same as related careers in Mississippi. On average, they make less than fraud analysts but more than stock traders.
| Career | Median Salary |
|---|---|
| Fraud analyst salary | $74K |
| Investment banker salary | $74K |
| Financial quantitative analyst salary | $74K |
| Budget analyst salary | $79K |
| Cost estimator salary | $71K |
| Loan officer salary | $60K |
| Social fundraiser salary | $58K |
| Statistician salary | $65K |
| Consultant salary | $58K |
| Stock trader salary | $47K |
Source: CareerExplorer (Aggregated)