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Loan Officers Salary in New Mexico
Ranked #44 of 51 · NM
Salary Distribution (10th–90th percentile)
About 80% of loan officerss in New Mexico earn between $27,700 and $122,960. 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 New Mexico is $75,410, about 14.1% below the U.S. average ($87,790). That works out to roughly $36/hr at 2,080 hours per year.
Metro Areas in New Mexico
| Metro area | Median | Mean | Employment |
|---|---|---|---|
| Eastern New Mexico nonmetropolitan area | $75,150 | $87,230 | 180 |
| Northern New Mexico nonmetropolitan area | $65,870 | $73,990 | 60 |
| Albuquerque, NM | $62,250 | $73,830 | 630 |
| Las Cruces, NM | $61,110 | $70,500 | 80 |
| Farmington, NM | $58,740 | $65,530 | 40 |
| Santa Fe, NM | $52,960 | $69,140 | 120 |
Frequently Asked Questions
How much do loan officers make in New Mexico?
The median loan officers salary in New Mexico is $62,610 per year (mean $75,410), and about 80% earn between $27,700 and $122,960.
How much do loan officers make per hour in New Mexico?
Roughly $36 per hour, based on a mean annual wage of $75,410 and 2,080 work hours per year.
Is New Mexico a high-paying state for loan officers?
New Mexico ranks #44 of 51 states for loan officers pay. Its mean salary of $75,410 is about 14.1% below the U.S. average of $87,790.
Which metro areas in New Mexico pay loan officers the most?
The highest-paying metro areas in New Mexico for loan officers are Eastern New Mexico nonmetropolitan area ($75,150), Northern New Mexico nonmetropolitan area ($65,870), Albuquerque, NM ($62,250), by median annual wage.