The median annual wage for Loan Officers in Boston-Cambridge-Newton, MA-NH is $94,850 (May 2024 BLS OES). The mean (average) is $110,820.
Pay spans roughly $60,750 at the 10th percentile to $180,680 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $45.60 per hour. An estimated 3,320 people work as loan officers in Boston-Cambridge-Newton, MA-NH.
| Median (annual) | $94,850 |
| Mean (annual) | $110,820 |
| Median (hourly) | $45.60 |
| 10th percentile | $60,750 |
| 90th percentile | $180,680 |
| Employment | 3,320 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.