Loan Officers Salary
Loan Officers in Texas make a median of $66,370 a year, or about $31.91 an hour. The range runs from $34K at the entry level to $135K for experienced workers. Cost of living is below average (RPP 91.49), which stretches that salary to about $72,543 in buying power. A 2-bedroom apartment runs $1,415/month, about 30.7% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Texas. Jump to a metro for precise data:
So what does $66K get you in Texas?
About loan officers
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What this looks like in Texas
Pay for loan officers in Texas runs about 13% below the U.S. median of $77K. Rent runs $1,415/month for a 2-bedroom (HUD FMR), taking 30.8% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 91.49 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Texas
Entry-level loan officers (10th percentile) start around $34K. Mid-career wages sit at $66K. Top earners bring in $135K or more, a $101K spread from bottom to top.
Loan Officers salary by metro in Texas
24 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Dallas-Fort Worth-Arlington | $74K | +11% | 8,370 |
| Midland | $72K | +9% | 80 |
| Victoria | $71K | +7% | 60 |
| Sherman-Denison | $70K | +5% | 50 |
| Waco | $68K | +3% | 120 |
| Houston-Pasadena-The Woodlands | $68K | +2% | 3,410 |
| College Station-Bryan | $67K | +1% | 120 |
| San Antonio-New Braunfels | $67K | +1% | 1,510 |
| Longview | $67K | +0% | 180 |
| Laredo | $64K | -3% | 50 |
| Brownsville-Harlingen | $64K | -4% | 100 |
| Lubbock | $64K | -4% | 280 |
| McAllen-Edinburg-Mission | $62K | -7% | 250 |
| Amarillo | $61K | -8% | 160 |
| San Angelo | $61K | -8% | 50 |
| Killeen-Temple | $61K | -8% | 170 |
| Beaumont-Port Arthur | $60K | -9% | 200 |
| Austin-Round Rock-San Marcos | $59K | -11% | 1,890 |
| El Paso | $59K | -11% | 370 |
| Texarkana | $58K | -12% | 90 |
| Wichita Falls | $58K | -12% | 70 |
| Corpus Christi | $56K | -16% | 250 |
| Abilene | $55K | -17% | 150 |
| Tyler | $52K | -22% | 130 |
Showing 1–10 of 24 metros
Compare to other states
Track loan officers salary changes
BLS updates this data quarterly. We'll email you when Texas numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Texas?
It’s a stretch — at the median salary of $66K, rent takes 30.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,415/month. The 30% guideline puts the comfortable ceiling at roughly $1,400/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for loan officers in Texas?
The 10th-percentile wage — what new loan officers typically earn — is $34K/year. Take-home on that works out to about $2,049/month. At HUD’s $1,415/month FMR, rent would take 69% 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 Texas?
Local pay runs 13% below the national median — $66K here vs. $77K nationally. Cost of living is 9% below the national average, which narrows that gap in real purchasing power.
How does Texas compare to the national average for loan officers?
Texas pays $66K median vs. the U.S. average of $77K — that’s -13%. After adjusting for local cost of living (RPP 91.49), the purchasing-power equivalent is $73K — below the national median.
How much do loan officers make in Texas?
The median is $66,370 a year, that works out to about $32 an hour. But the range is wide: entry-level workers start around $34,150, and experienced loan officers can clear $135,280. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $66K enough to live in Texas?
On that salary, you'd take home roughly $4,590/month after taxes. A 2-bedroom here rents for about $1,415/month, which eats 30.8% 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 Texas?
Texas has a Regional Price Parity of 91.49 (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 $72,543 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.