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Loan Officer Salary in Indiana

Explore loan officer salaries in Indiana including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in IN
$65,765
Monthly: $5,480
Biweekly: $2,529
Entry Level
$38,685
Monthly: $3,224
Biweekly: $1,488
Senior Level
$92,844
Monthly: $7,737
Biweekly: $3,571
Job Growth
16%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$38,685$65,765$92,844
Monthly$3,224$5,480$7,737
Biweekly$1,488$2,529$3,571
Weekly$744$1,265$1,785
Hourly$19$32$45

IN vs National Comparison

National Median
$77,370
IN Median
$65,765
Difference
-$11,605
Multiplier
0.85x
National
IN

About This Career

Evaluate loan applications and manage lending relationships with clients.

Education

Bachelor's degree in Finance or related field

Key Skills

Loan AnalysisRisk AssessmentCustomer ServiceDocumentation

Compare States

See how Indiana compares to other states for loan officer salaries:

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Compare Jobs

Compare salaries for other business & finance jobs in Indiana:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Loan Officer in Indiana

Dig into every angle of a loan officer salary ($65,765 median) in Indiana — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $65,765 in Indiana

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $65,765 in Indiana

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $65,765 in Indiana

Exactly which federal and state brackets your salary crosses.

$250,000 mortgage in Indiana

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 Indianapolis

Drill down to city-level salary data for Indianapolis, Indiana.

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Frequently Asked Questions

What is the median loan officer salary in Indiana?

The median loan officer salary in Indiana is $65,765, compared to a national median of $77,370.

What is the entry-level loan officer salary in Indiana?

Entry-level loan officer positions in Indiana typically pay around $38,685 annually.

What is the senior loan officer salary in Indiana?

Senior loan officer professionals in Indiana earn around $92,844 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

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