Loan Officers Jobs Pay in Boston-Cambridge-Newton, MA
Average Hourly Pay
$55.94
74.8%Above national average
Range: $53.28 – $58.61
Average Annual Pay
$116,364
74.8%Above national average
Range: $110,822 – $121,905
How much do Loan Officers make?
Your level of experience is a key factor in determining your earning potential. Here's what you can expect at different career stages:
Entry Level
0-2 years
Hourly Rate
$47.55/hr
Range: $45.29 – $49.82
Annual Rate
$98,909
Range: $94,199 – $103,619
Mid level
3-5 years
Hourly Rate
$55.94/hr
Range: $53.28 – $58.61
Annual Rate
$116,364
Range: $110,822 – $121,905
Senior level
6+ years
Hourly Rate
$64.33/hr
Range: $61.27 – $67.40
Annual Rate
$133,819
Range: $127,445 – $140,191
Loan Officers job description
Loan Officers professionals provide essential administrative support in office environments. They handle correspondence, maintain records, and coordinate office activities to ensure smooth business operations.
Responsibilities
- •Manage correspondence and communications
- •Maintain accurate records and files
- •Schedule appointments and meetings
- •Process documents and data entry
- •Greet visitors and answer phones
- •Support other staff members
Skills
- •Computer proficiency (Microsoft Office)
- •Organizational skills
- •Communication skills
- •Attention to detail
- •Time management
- •Customer service
Qualifications
- •High school diploma required
- •Associate degree preferred
- •Previous office experience
- •Typing speed 40+ WPM
