Loan Officer salary in Louisiana
Loan Officers in Louisiana earn a median of $61,110 a year ($29.38 an hour), based on BLS data for 2,810 workers.
Pay ranges from $38,100 for the lowest-paid 10% to $124,420 for the top 10%. That is 20% lower than the national median of $76,690. Louisiana ranks 48th of 51 states for loan officers pay. There are 1.5 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $73,240, above the median because a few high earners pull it up.
Pay range for loan officers in Louisiana
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $38,100 | $18.32 |
| 25th percentile | $49,000 | $23.56 |
| Median | $61,110 | $29.38 |
| 75th percentile | $83,490 | $40.14 |
| 90th percentile (top earners) | $124,420 | $59.82 |
| Average (mean) | $73,240 | $35.21 |
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 | $5,092.50 |
| Semi-monthly (24 a year) | $2,546.25 |
| Biweekly (26 a year) | $2,350.38 |
| Weekly | $1,175.19 |
| Hourly | $29.38 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $61,110 salary, see how much house you can afford in Louisiana at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in Louisiana
| Metro area | Median salary | Workers |
|---|---|---|
| Slidell-Mandeville-Covington, LA | $73,070 | 150 |
| Houma-Bayou Cane-Thibodaux, LA | $62,530 | 110 |
| New Orleans-Metairie, LA | $62,240 | 470 |
| Hammond, LA | $61,180 | 80 |
| Alexandria, LA | $60,150 | 110 |
| Monroe, LA | $59,150 | 190 |
| Baton Rouge, LA | $59,080 | 570 |
| Lafayette, LA | $58,960 | 340 |
| Lake Charles, LA | $56,550 | 130 |
| Shreveport-Bossier City, LA | $52,730 | 220 |
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 Louisiana
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $73,810 | $35.49 |
| Financial Specialists, All Other | $59,860 | $28.78 |
| Financial and Investment Analysts | $75,680 | $36.38 |
| Insurance Underwriter | $76,540 | $36.80 |
| Tax Preparer | $38,740 | $18.63 |
| Property Appraisers and Assessors | $62,910 | $30.25 |
| Tax Examiners and Collectors, and Revenue Agents | $49,940 | $24.01 |
| Financial Risk Specialist | $58,440 | $28.10 |
| Budget Analyst | $80,530 | $38.72 |
| Credit Analyst | $73,210 | $35.20 |
| Financial Examiner | $84,310 | $40.54 |
| Credit Counselor | $47,250 | $22.72 |
| Business Operations Specialists, All Other | $63,220 | $30.40 |
| Project Management Specialist | $84,850 | $40.79 |
More: Business and Financial Operations Occupations · all salaries in Louisiana
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 Louisiana?
The median salary for loan officers in Louisiana is $61,110 a year, or $29.38 an hour. Pay ranges from $38,100 for the lowest-paid 10% to $124,420 for the top 10%.
How much do the highest-paid loan officers make in Louisiana?
The top 10% of loan officers in Louisiana earn at least $124,420 a year. The top 25% earn $83,490 or more.
What is the starting pay for loan officers in Louisiana?
Entry-level pay (the 10th percentile) is about $38,100 a year, and a quarter of loan officers earn $49,000 or less.
How many loan officers work in Louisiana?
About 2,810 loan officers are employed in Louisiana, not counting the self-employed.