How to Become a Loan Officers in Georgia
Loan Officers in Georgia earn a median salary of $68,490/year, which is 11% below the national average. Georgia has a state income tax of ~4.8%. After taxes and rent, a loan officers takes home approximately $2,837/month. Most positions require Bachelor's degree.
What a loan officers can afford in Georgia
Becoming a loan officers in Georgia
Meet education requirements
Loan Officers positions in Georgia typically require Bachelor's degree. Programs are available at colleges and training institutions across Georgia. Research accredited programs in your area.
Gain required experience
Many loan officers positions in Georgia require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Georgia licensure or certification
Georgia may require specific licensing or professional certification for loan officerss. Requirements vary by state, contact the Georgia Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Georgia
Georgia employs 9,540 loan officers. The highest concentrations are in Brunswick-St. Simons and Atlanta-Sandy Springs-Roswell.
Loan Officers salary by metro area in Georgia
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Brunswick-St. Simons | $76K | $36.76/hr | 80 |
| Atlanta-Sandy Springs-Roswell | $76K | $36.7/hr | 5,550 |
| Athens-Clarke County | $65K | $31.14/hr | 140 |
| Warner Robins | $63K | $30.42/hr | 130 |
| Valdosta | $63K | $30.21/hr | 110 |
| Rome | $63K | $30.13/hr | 80 |
| Dalton | $61K | $29.48/hr | 50 |
| Savannah | $60K | $28.84/hr | 230 |
| Macon-Bibb County | $60K | $28.82/hr | 130 |
| Augusta-Richmond County | $60K | $28.68/hr | 270 |
| Albany | $56K | $26.71/hr | 110 |
| Columbus | $50K | $24.05/hr | 170 |
| Gainesville | $48K | $22.89/hr | 170 |
Loan Officers salary range in Georgia
Loan Officers careers in other states
Frequently asked questions
How much does a loan officers make in Georgia?▼
The median loan officers salary in Georgia is $68,490 per year ($32.93/hr). This is 11% below the national median of $76,690. Salaries range from $39,490 to $138,800.
What are the requirements to become a loan officers in Georgia?▼
Loan Officers positions in Georgia typically require Bachelor's degree. Georgia may have specific licensing or certification requirements. Check with the Georgia licensing board or department of labor for current requirements.
Can a loan officers afford to live in Georgia?▼
At the median salary of $68,490, a loan officers in Georgia would take home approximately $4,438/month after taxes. With median 2-bedroom rent at $1,601/month, that's 36.1% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for loan officers in Georgia?▼
The highest paying metro areas for loan officers in Georgia are Brunswick-St. Simons ($76,460), Atlanta-Sandy Springs-Roswell ($76,340), Athens-Clarke County ($64,780). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Georgia have state income tax for loan officers?▼
Yes, Georgia has a state income tax rate of approximately 4.8%. On a $68,490 salary, this means roughly $3,309/year in state income tax. Use our take-home pay calculator for a detailed breakdown.