📖 Read the loan officers salary & career guide →
Loan Officers Salary in Massachusetts
Ranked #1 of 51 · MA
Salary Distribution (10th–90th percentile)
About 80% of loan officerss in Massachusetts earn between $64,680 and $198,220. The blue band is the middle 50% (P25–P75); the dot marks the median.
Compared to the U.S.
The mean loan officers salary in Massachusetts is $118,390, about 34.9% above the U.S. average ($87,790). That works out to roughly $57/hr at 2,080 hours per year.
Metro Areas in Massachusetts
| Metro area | Median | Mean | Employment |
|---|---|---|---|
| Massachusetts nonmetropolitan area | $134,980 | $134,730 | 50 |
| Boston-Cambridge-Newton, MA-NH | $103,400 | $120,300 | 3,420 |
| Amherst Town-Northampton, MA | $96,540 | $114,280 | 90 |
| Barnstable Town, MA | $96,080 | $110,380 | 110 |
| Pittsfield, MA | $94,920 | $112,060 | 80 |
| Worcester, MA | $94,220 | $108,220 | 320 |
| Springfield, MA | $89,480 | $104,070 | 150 |
Frequently Asked Questions
How much do loan officers make in Massachusetts?
The median loan officers salary in Massachusetts is $101,600 per year (mean $118,390), and about 80% earn between $64,680 and $198,220.
How much do loan officers make per hour in Massachusetts?
Roughly $57 per hour, based on a mean annual wage of $118,390 and 2,080 work hours per year.
Is Massachusetts a high-paying state for loan officers?
Massachusetts ranks #1 of 51 states for loan officers pay. Its mean salary of $118,390 is about 34.9% above the U.S. average of $87,790.
Which metro areas in Massachusetts pay loan officers the most?
The highest-paying metro areas in Massachusetts for loan officers are Massachusetts nonmetropolitan area ($134,980), Boston-Cambridge-Newton, MA-NH ($103,400), Amherst Town-Northampton, MA ($96,540), by median annual wage.