Loan Officer salary in Hot Springs, AR
Loan Officers in the Hot Springs, AR metro area earn a median of $83,990 a year ($40.38 an hour), based on BLS data for 70 workers.
Pay ranges from $44,440 for the lowest-paid 10% to $130,000 for the top 10%. That is 10% higher than the national median of $76,690. Pay here is 20% higher than the Arkansas statewide median of $70,260. There are 1.7 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $87,370, above the median because a few high earners pull it up.
Pay range for loan officers in Hot Springs, AR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $44,440 | $21.37 |
| 25th percentile | $61,370 | $29.51 |
| Median | $83,990 | $40.38 |
| 75th percentile | $105,880 | $50.91 |
| 90th percentile (top earners) | $130,000 | $62.50 |
| Average (mean) | $87,370 | $42.01 |
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 | $6,999.17 |
| Semi-monthly (24 a year) | $3,499.58 |
| Biweekly (26 a year) | $3,230.38 |
| Weekly | $1,615.19 |
| Hourly | $40.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $83,990 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 other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Jonesboro, AR | $94,960 | 80 |
| Fayetteville-Springdale-Rogers, AR | $84,200 | 500 |
| 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 |
See Loan Officer pay in every state or the Arkansas statewide figures.
Related jobs in Hot Springs, AR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $59,770 | $28.74 |
| Personal Financial Advisor | $63,950 | $30.75 |
| Business Operations Specialists, All Other | $59,370 | $28.54 |
| Project Management Specialist | $69,110 | $33.23 |
| Human Resources Specialist | $51,260 | $24.64 |
| Market Research Analysts and Marketing Specialists | $50,950 | $24.50 |
| Training and Development Specialists | $44,880 | $21.58 |
| Buyers and Purchasing Agents | $51,750 | $24.88 |
| Management Analyst | $67,260 | $32.34 |
| Claims Adjusters, Examiners, and Investigators | $81,330 | $39.10 |
| Cost Estimator | $56,760 | $27.29 |
| Compliance Officer | $48,430 | $23.28 |
More: Business and Financial Operations Occupations · all salaries in Hot Springs, AR
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 Hot Springs, AR?
The median salary for loan officers in the Hot Springs, AR metro area is $83,990 a year, or $40.38 an hour. Pay ranges from $44,440 for the lowest-paid 10% to $130,000 for the top 10%.
How much do the highest-paid loan officers make in Hot Springs, AR?
The top 10% of loan officers in the Hot Springs, AR metro area earn at least $130,000 a year. The top 25% earn $105,880 or more.
What is the starting pay for loan officers in Hot Springs, AR?
Entry-level pay (the 10th percentile) is about $44,440 a year, and a quarter of loan officers earn $61,370 or less.
How many loan officers work in Hot Springs, AR?
About 70 loan officers are employed in the Hot Springs, AR metro area, not counting the self-employed.