Loan Officer salary in Sherman-Denison, TX
Loan Officers in the Sherman-Denison, TX metro area earn a median of $69,900 a year ($33.61 an hour), based on BLS data for 50 workers.
Pay ranges from $37,010 for the lowest-paid 10% to $166,820 for the top 10%. That is 9% lower than the national median of $76,690. Pay here is 5% higher than the Texas statewide median of $66,370. There are 0.94 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.53). The average (mean) salary is $89,410, above the median because a few high earners pull it up.
Pay range for loan officers in Sherman-Denison, TX
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,010 | $17.79 |
| 25th percentile | $50,320 | $24.19 |
| Median | $69,900 | $33.61 |
| 75th percentile | $104,990 | $50.48 |
| 90th percentile (top earners) | $166,820 | $80.20 |
| Average (mean) | $89,410 | $42.98 |
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 | $5,825 |
| Semi-monthly (24 a year) | $2,912.50 |
| Biweekly (26 a year) | $2,688.46 |
| Weekly | $1,344.23 |
| Hourly | $33.61 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $69,900 salary, see how much house you can afford in Texas 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 |
|---|---|---|
| Dallas-Fort Worth-Arlington, TX | $73,930 | 8,370 |
| Midland, TX | $72,030 | 80 |
| Victoria, TX | $70,790 | 60 |
| Waco, TX | $68,210 | 120 |
| Houston-Pasadena-The Woodlands, TX | $67,560 | 3,410 |
| College Station-Bryan, TX | $67,060 | 120 |
| San Antonio-New Braunfels, TX | $66,810 | 1,510 |
| Longview, TX | $66,620 | 180 |
| Laredo, TX | $64,170 | 50 |
| Brownsville-Harlingen, TX | $64,000 | 100 |
| Lubbock, TX | $63,520 | 280 |
| McAllen-Edinburg-Mission, TX | $61,500 | 250 |
| Amarillo, TX | $61,160 | 160 |
| San Angelo, TX | $60,860 | 50 |
| Killeen-Temple, TX | $60,750 | 170 |
| Beaumont-Port Arthur, TX | $60,440 | 200 |
| Austin-Round Rock-San Marcos, TX | $59,210 | 1,890 |
| El Paso, TX | $58,910 | 370 |
| Texarkana, TX-AR | $58,350 | 90 |
| Wichita Falls, TX | $58,240 | 70 |
| Corpus Christi, TX | $55,530 | 250 |
| Abilene, TX | $55,230 | 150 |
| Tyler, TX | $51,870 | 130 |
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 Texas statewide figures.
Related jobs in Sherman-Denison, TX
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $75,650 | $36.37 |
| Tax Preparer | $35,960 | $17.29 |
| Project Management Specialist | $85,260 | $40.99 |
| Human Resources Specialist | $63,010 | $30.29 |
| Business Operations Specialists, All Other | $77,500 | $37.26 |
| Market Research Analysts and Marketing Specialists | $59,950 | $28.82 |
| Training and Development Specialists | $47,330 | $22.75 |
| Buyers and Purchasing Agents | $60,730 | $29.20 |
| Cost Estimator | $67,220 | $32.32 |
| Compliance Officer | $66,960 | $32.19 |
| Logistician | $71,330 | $34.29 |
| Management Analyst | $95,450 | $45.89 |
More: Business and Financial Operations Occupations · all salaries in Sherman-Denison, TX
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 Sherman-Denison, TX?
The median salary for loan officers in the Sherman-Denison, TX metro area is $69,900 a year, or $33.61 an hour. Pay ranges from $37,010 for the lowest-paid 10% to $166,820 for the top 10%.
How much do the highest-paid loan officers make in Sherman-Denison, TX?
The top 10% of loan officers in the Sherman-Denison, TX metro area earn at least $166,820 a year. The top 25% earn $104,990 or more.
What is the starting pay for loan officers in Sherman-Denison, TX?
Entry-level pay (the 10th percentile) is about $37,010 a year, and a quarter of loan officers earn $50,320 or less.
How many loan officers work in Sherman-Denison, TX?
About 50 loan officers are employed in the Sherman-Denison, TX metro area, not counting the self-employed.