Loan Officers Salary
Loan Officers in Florida make a median of $71,090 a year, or about $34.18 an hour. The range runs from $33K at the entry level to $133K for experienced workers. Adjusted for local prices (RPP 98.58), that's roughly $72,114 in purchasing power. A 2-bedroom apartment runs $1,658/month, about 33.6% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Florida. Jump to a metro for precise data:
So what does $71K get you in Florida?
About loan officers
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What this looks like in Florida
Loan officers pay in Florida tracks closely to the national median, $71K locally vs. $77K nationwide, a 7% difference. Rent runs $1,658/month for a 2-bedroom (HUD FMR), taking 34.1% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 98.58) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compensation breakdown
Annual earnings by percentile, Florida
Entry-level loan officers (10th percentile) start around $33K. Mid-career wages sit at $71K. Top earners bring in $133K or more, a $100K spread from bottom to top.
Loan Officers salary by metro in Florida
21 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Homosassa Springs | $78K | +10% | 30 |
| Deltona-Daytona Beach-Ormond Beach | $76K | +7% | 280 |
| Naples-Marco Island | $76K | +7% | 210 |
| Lakeland-Winter Haven | $75K | +6% | 490 |
| Panama City-Panama City Beach | $74K | +4% | 130 |
| Port St. Lucie | $74K | +4% | 180 |
| Cape Coral-Fort Myers | $73K | +2% | 400 |
| Tampa-St. Petersburg-Clearwater | $72K | +2% | 3,850 |
| Punta Gorda | $72K | +1% | 60 |
| Miami-Fort Lauderdale-West Palm Beach | $72K | +1% | 4,190 |
| Palm Bay-Melbourne-Titusville | $71K | +1% | 220 |
| Gainesville | $69K | -3% | 140 |
| Orlando-Kissimmee-Sanford | $67K | -5% | 2,260 |
| Ocala | $66K | -7% | 120 |
| Sebastian-Vero Beach-West Vero Corridor | $66K | -7% | 110 |
| Pensacola-Ferry Pass-Brent | $65K | -9% | 790 |
| Jacksonville | $65K | -9% | 2,140 |
| Crestview-Fort Walton Beach-Destin | $63K | -12% | 270 |
| North Port-Bradenton-Sarasota | $62K | -12% | 430 |
| Tallahassee | $61K | -14% | 290 |
| Wildwood-The Villages | $59K | -17% | 50 |
Showing 1–10 of 21 metros
Compare to other states
Track loan officers salary changes
BLS updates this data quarterly. We'll email you when Florida numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Florida?
It’s a stretch — at the median salary of $71K, rent takes 34.1% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,658/month. The 30% guideline puts the comfortable ceiling at roughly $1,500/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for loan officers in Florida?
The 10th-percentile wage — what new loan officers typically earn — is $33K/year. Take-home on that works out to about $1,991/month. At HUD’s $1,658/month FMR, rent would take 83% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan officer a high-paying job in Florida?
Pay here is roughly in line with the national average — $71K locally vs. $77K nationally, a 7% difference.
How does Florida compare to the national average for loan officers?
Florida pays $71K median vs. the U.S. average of $77K — that’s -7%. After adjusting for local cost of living (RPP 98.58), the purchasing-power equivalent is $72K — below the national median.
How much do loan officers make in Florida?
The median is $71,090 a year, that works out to about $34 an hour. But the range is wide: entry-level workers start around $33,180, and experienced loan officers can clear $133,070. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $71K enough to live in Florida?
On that salary, you'd take home roughly $4,866/month after taxes. A 2-bedroom here rents for about $1,658/month, which eats 34.1% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a loan officers salary go in Florida?
Florida has a Regional Price Parity of 98.58 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan officers salary is worth about $72,114 in national-average purchasing power.
Where do loan officers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.