Loan Officers Jobs Pay in Massachusetts, MA

Average Hourly Pay

$55.18
72.4%Above national average

Range: $52.55 – $57.81

Average Annual Pay

$114,769
72.4%Above national average

Range: $109,304 – $120,234

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

$46.90/hr

Range: $44.67 – $49.14

Annual Rate

$97,554

Range: $92,908 $102,199

Mid level

3-5 years

Hourly Rate

$55.18/hr

Range: $52.55 – $57.81

Annual Rate

$114,769

Range: $109,304 $120,234

Senior level

6+ years

Hourly Rate

$63.46/hr

Range: $60.43 – $66.48

Annual Rate

$131,984

Range: $125,700 $138,269

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
Loan Officers Pay in Massachusetts, Massachusetts | EarnIn