How to Become a Loan Officers in Texas
Loan Officers in Texas earn a median salary of $63,770/year, which is 14% below the national average. Texas has no state income tax. After taxes and rent, a loan officers takes home approximately $3,025/month. Most positions require Bachelor's degree.
What a loan officers can afford in Texas
Becoming a loan officers in Texas
Meet education requirements
Loan Officers positions in Texas typically require Bachelor's degree. Programs are available at colleges and training institutions across Texas. Research accredited programs in your area.
Gain required experience
Many loan officers positions in Texas require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Texas licensure or certification
Texas may require specific licensing or professional certification for loan officerss. Requirements vary by state — contact the Texas Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Texas
Texas employs 24,070 loan officers. The highest concentrations are in Brownsville-Harlingen and Houston-Pasadena-The Woodlands.
Loan Officers salary by metro area in Texas
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Brownsville-Harlingen | $70K | $33.69/hr | 150 |
| Houston-Pasadena-The Woodlands | $69K | $33.18/hr | 3,820 |
| Midland | $67K | $32.44/hr | 100 |
| Victoria | $66K | $31.86/hr | 50 |
| San Antonio-New Braunfels | $65K | $31.25/hr | 1,830 |
| Austin-Round Rock-San Marcos | $64K | $30.92/hr | 2,020 |
| Dallas-Fort Worth-Arlington | $64K | $30.68/hr | 10,060 |
| Lubbock | $63K | $30.41/hr | 290 |
| Tyler | $63K | $30.21/hr | 140 |
| Beaumont-Port Arthur | $62K | $29.7/hr | 180 |
| Odessa | $62K | $29.67/hr | 60 |
| Waco | $62K | $29.66/hr | 170 |
| Amarillo | $61K | $29.47/hr | 210 |
| Longview | $61K | $29.42/hr | 210 |
| College Station-Bryan | $61K | $29.13/hr | 130 |
Loan Officers salary range in Texas
Loan Officers careers in other states
Frequently asked questions
How much does a loan officers make in Texas?▼
The median loan officers salary in Texas is $63,770 per year ($30.66/hr). This is 14% below the national median of $74,180. Salaries range from $35,810 to $130,910.
What are the requirements to become a loan officers in Texas?▼
Loan Officers positions in Texas typically require Bachelor's degree. Texas may have specific licensing or certification requirements. Check with the Texas licensing board or department of labor for current requirements.
Can a loan officers afford to live in Texas?▼
At the median salary of $63,770, a loan officers in Texas would take home approximately $4,437/month after taxes. With median 2-bedroom rent at $1,412/month, that's 31.8% of take-home pay going to housing. This exceeds the recommended 30% guideline.
What are the best cities for loan officers in Texas?▼
The highest paying metro areas for loan officers in Texas are Brownsville-Harlingen ($70,080), Houston-Pasadena-The Woodlands ($69,010), Midland ($67,470). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.
Does Texas have state income tax for loan officers?▼
No, Texas does not have a state income tax. This means loan officers keep more of their gross salary compared to states with income tax — a significant advantage for affordability.