Loan Officer salary in Arkansas
Loan Officers in Arkansas earn a median of $70,260 a year ($33.78 an hour), based on BLS data for 2,610 workers.
Pay ranges from $39,210 for the lowest-paid 10% to $136,500 for the top 10%. That is 8% lower than the national median of $76,690. Arkansas ranks 36th of 51 states for loan officers pay. There are 2.0 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $85,120, above the median because a few high earners pull it up.
Pay range for loan officers in Arkansas
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $39,210 | $18.85 |
| 25th percentile | $51,990 | $25.00 |
| Median | $70,260 | $33.78 |
| 75th percentile | $106,700 | $51.30 |
| 90th percentile (top earners) | $136,500 | $65.63 |
| Average (mean) | $85,120 | $40.92 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,855 |
| Semi-monthly (24 a year) | $2,927.50 |
| Biweekly (26 a year) | $2,702.31 |
| Weekly | $1,351.15 |
| Hourly | $33.78 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $70,260 salary, see how much house you can afford in Arkansas at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in Arkansas
| Metro area | Median salary | Workers |
|---|---|---|
| Jonesboro, AR | $94,960 | 80 |
| Fayetteville-Springdale-Rogers, AR | $84,200 | 500 |
| Hot Springs, AR | $83,990 | 70 |
| Memphis, TN-MS-AR | $63,250 | 930 |
| Little Rock-North Little Rock-Conway, AR | $62,720 | 660 |
| Fort Smith, AR-OK | $61,050 | 180 |
| Texarkana, TX-AR | $58,350 | 90 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| 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 |
Related jobs in Arkansas
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $66,330 | $31.89 |
| Financial and Investment Analysts | $81,110 | $38.99 |
| Personal Financial Advisor | $79,420 | $38.18 |
| Property Appraisers and Assessors | $50,840 | $24.44 |
| Tax Preparer | $35,040 | $16.85 |
| Financial Examiner | $57,590 | $27.69 |
| Tax Examiners and Collectors, and Revenue Agents | $55,140 | $26.51 |
| Financial Specialists, All Other | $60,600 | $29.13 |
| Budget Analyst | $71,800 | $34.52 |
| Credit Analyst | $71,370 | $34.31 |
| Insurance Underwriter | $82,130 | $39.48 |
| Financial Risk Specialist | $66,110 | $31.79 |
| Credit Counselor | $45,060 | $21.67 |
| Business Operations Specialists, All Other | $61,240 | $29.44 |
More: Business and Financial Operations Occupations · all salaries in Arkansas
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Arkansas?
The median salary for loan officers in Arkansas is $70,260 a year, or $33.78 an hour. Pay ranges from $39,210 for the lowest-paid 10% to $136,500 for the top 10%.
How much do the highest-paid loan officers make in Arkansas?
The top 10% of loan officers in Arkansas earn at least $136,500 a year. The top 25% earn $106,700 or more.
What is the starting pay for loan officers in Arkansas?
Entry-level pay (the 10th percentile) is about $39,210 a year, and a quarter of loan officers earn $51,990 or less.
How many loan officers work in Arkansas?
About 2,610 loan officers are employed in Arkansas, not counting the self-employed.