2024 Salary Data

Loan Officers Salary in New York

Loan Officerss in New York earn a median salary of $98,940 per year, which is 33.4% higher than the national median.

Median Salary

$98,940

33.4%vs national

Entry Level

$49,240

10th percentile

Experienced

$217,490

90th percentile

Employed

11,850

in New York

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in New York?

According to the Bureau of Labor Statistics, Loan Officerss in the New York metropolitan area earn a median annual salary of $98,940. The salary range varies significantly based on experience, with entry-level positions starting around $49,240 and experienced professionals earning up to $217,490 or more.

Entry Level

0-2 years experience

$49,240 - $64,990

Mid Career

2-8 years experience

$64,990 - $161,920

Senior Level

8+ years experience

$161,920 - $217,490

New York vs National Average

New York$98,940
National Average$74,180

Loan Officerss in New York earn 33.4% more than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in New York?
The median annual salary for Loan Officers in New York is $98,940, according to Bureau of Labor Statistics data from 2024. This is 33.4% higher than the national median.
What is the starting salary for Loan Officers in New York?
Entry-level Loan Officers positions in New York typically start around $49,240 to $64,990 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in New York?
Experienced Loan Officerss in New York can earn $161,920 to $217,490 annually (75th to 90th percentile).
How does Loan Officers salary in New York compare to the national average?
Loan Officerss in New York earn 33.4% more than the national median of $74,180.

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