FinanceUpdated Q1 2025No state income tax

Mortgage Loan Officer Salary
in El Paso, TX

Evaluate, authorize, and recommend mortgage loan applications for real estate purchases. Median salary in El Paso: $61K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$61K
per year
Take-home: $43K

Salary range in El Paso

Entry level (25th)$41,000
Median (50th)$61,000
Senior (75th)$92,000
Top earner (90th)$138,000

Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in El Paso, Texas.

Key facts for El Paso

Median salary
$61K
annual
Take-home pay
$43K
after fed/state tax
COL index
82
100 = US avg
State income tax
None
Texas advantage!
Avg 1BR rent
$850
per month
YoY growth
+2.5%
salary trend

Salary forecast: El Paso Mortgage Loan Officer to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $61K by 2030.

Salary trend & forecast — El Paso

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
Mortgage Loan Officer salary trend 2019–2030PROJECTED →$51K$56K$60K$65K$69K201920212023202520272029
2026
$63K
projected
2027
$64K
projected
2028
$66K
projected
2029
$67K
projected
2030
$69K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$61,000+$0
2028 projected$61,000+$0
2029 projected$61,000+$0
2030 projected$61,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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Mortgage Loan Officer Salary in El Paso, Texas: Complete Guide (2026)

The median Mortgage Loan Officer salary in El Paso, TX is $61,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the El Paso–TX metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for Mortgage Loan Officer in El Paso

Entry-level Mortgage Loan Officers in El Paso with 0–2 years of experience typically earn between $41,000 and $61,000 annually. Mid-career professionals with 3–7 years command $61,000 to $92,000, while senior-level practitioners with 8+ years of experience regularly earn $92,000 to $138,000 or more.

Cost of living in El Paso for Mortgage Loan Officers

El Paso has a cost of living index of 82 compared to the US national average of 100. This means your salary goes approximately 18% further in El Paso than the national average. Crucially, Texas has no state income tax — giving El Paso-based Mortgage Loan Officers an immediate 5–7% take-home pay advantage over workers in states like California (9.3%) or New York (6.85%).

Education requirements for Mortgage Loan Officer

Bachelor's; NMLS license required. 38% of these roles offer some remote flexibility.

Mortgage Loan Officer salary in nearby cities

CityMedian salaryCOL index
El Paso (current)$61K82
Houston91
San Antonio87
Dallas96
Austin110
Fort Worth93