Loan Officer Salary in Alabama
Explore loan officer salaries in Alabama including median pay, entry-level and senior compensation, and how it compares to the national average.
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $37,320 | $63,443 | $89,567 |
| Monthly | $3,110 | $5,287 | $7,464 |
| Biweekly | $1,435 | $2,440 | $3,445 |
| Weekly | $718 | $1,220 | $1,722 |
| Hourly | $18 | $31 | $43 |
AL vs National Comparison
About This Career
Evaluate loan applications and manage lending relationships with clients.
Education
Bachelor's degree in Finance or related field
Key Skills
Compare Jobs
Compare salaries for other business & finance jobs in Alabama:
Explore Related Data for a Loan Officer in Alabama
Dig into every angle of a loan officer salary ($63,443 median) in Alabama — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.
Take-home pay on $63,443 in Alabama
Federal, state, Social Security, and Medicare — what you keep after taxes.
What you can afford on $63,443 in Alabama
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $63,443 in Alabama
Exactly which federal and state brackets your salary crosses.
$250,000 mortgage in Alabama
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $60,000
Savings benchmarks and projections for your income level.
Loan Officer salary in Birmingham
Drill down to city-level salary data for Birmingham, Alabama.
Frequently Asked Questions
What is the median loan officer salary in Alabama?
The median loan officer salary in Alabama is $63,443, compared to a national median of $77,370.
What is the entry-level loan officer salary in Alabama?
Entry-level loan officer positions in Alabama typically pay around $37,320 annually.
What is the senior loan officer salary in Alabama?
Senior loan officer professionals in Alabama earn around $89,567 annually.
What is the job growth outlook for loan officer?
The projected 10-year job growth outlook for loan officer positions is 16%, which indicates strong demand in this field.
What education is needed to become a loan officer?
Bachelor's degree in Finance or related field