Loan Officer salary in South Carolina
Loan Officers in South Carolina earn a median of $63,220 a year ($30.39 an hour), based on BLS data for 4,140 workers.
Pay ranges from $37,080 for the lowest-paid 10% to $142,260 for the top 10%. That is 18% lower than the national median of $76,690. South Carolina ranks 43rd of 51 states for loan officers pay. There are 1.8 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $77,890, above the median because a few high earners pull it up.
Pay range for loan officers in South Carolina
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $37,080 | $17.83 |
| 25th percentile | $47,170 | $22.68 |
| Median | $63,220 | $30.39 |
| 75th percentile | $91,750 | $44.11 |
| 90th percentile (top earners) | $142,260 | $68.40 |
| Average (mean) | $77,890 | $37.45 |
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 | $5,268.33 |
| Semi-monthly (24 a year) | $2,634.17 |
| Biweekly (26 a year) | $2,431.54 |
| Weekly | $1,215.77 |
| Hourly | $30.39 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $63,220 salary, see how much house you can afford in South Carolina at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in cities in South Carolina
| Metro area | Median salary | Workers |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC | $78,200 | 4,080 |
| Charleston-North Charleston, SC | $65,580 | 700 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | $65,170 | 240 |
| Columbia, SC | $64,660 | 570 |
| Greenville-Anderson-Greer, SC | $61,990 | 790 |
| Hilton Head Island-Bluffton-Port Royal, SC | $61,920 | 130 |
| Spartanburg, SC | $61,430 | 140 |
| Florence, SC | $60,670 | 130 |
| Augusta-Richmond County, GA-SC | $59,660 | 270 |
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 South Carolina
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,560 | $36.81 |
| Financial and Investment Analysts | $93,670 | $45.03 |
| Personal Financial Advisor | $96,330 | $46.31 |
| Tax Preparer | $39,220 | $18.86 |
| Property Appraisers and Assessors | $59,110 | $28.42 |
| Financial Specialists, All Other | $76,400 | $36.73 |
| Insurance Underwriter | $79,570 | $38.26 |
| Credit Analyst | $77,530 | $37.28 |
| Financial Risk Specialist | $99,520 | $47.85 |
| Financial Examiner | $86,440 | $41.56 |
| Budget Analyst | $86,260 | $41.47 |
| Tax Examiners and Collectors, and Revenue Agents | $61,110 | $29.38 |
| Credit Counselor | $53,190 | $25.57 |
| Project Management Specialist | $95,040 | $45.69 |
More: Business and Financial Operations Occupations · all salaries in South Carolina
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 South Carolina?
The median salary for loan officers in South Carolina is $63,220 a year, or $30.39 an hour. Pay ranges from $37,080 for the lowest-paid 10% to $142,260 for the top 10%.
How much do the highest-paid loan officers make in South Carolina?
The top 10% of loan officers in South Carolina earn at least $142,260 a year. The top 25% earn $91,750 or more.
What is the starting pay for loan officers in South Carolina?
Entry-level pay (the 10th percentile) is about $37,080 a year, and a quarter of loan officers earn $47,170 or less.
How many loan officers work in South Carolina?
About 4,140 loan officers are employed in South Carolina, not counting the self-employed.