Loan Officer Salary in Lowell, Massachusetts
The median loan officer salary in Lowell, MA is $73,629 per year, which is 12.0% above the national median and 21.1% below the Massachusetts state average.
Loan Officer Pay in Lowell: What to Expect (2026)
Lowell offers a median loan officer salary of $73,629, which is $19,722 below the Massachusetts state average of $93,351. Compared to the national median of $65,740, Lowell pays above average for this role.
Lowell's cost of living is 105% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Lowell spans from $39,424 at the 10th percentile to $172,256 at the 90th percentile — a $132,832 spread. Entry-level professionals start around $42,560, while senior loan officers with 8+ years of experience can earn up to $145,600. With a population of 115,554, Lowell is a mid-sized metro with a growing job market.
Loan Officer Salary in Lowell by Experience
In Lowell, an entry-level loan officer earns around $42,560, while experienced professionals earn up to $145,600 per year. The local cost of living index is 105% of the national average.
Salary Percentiles in Lowell, MA
| Percentile | Lowell |
|---|---|
| 10th Percentile | $39,424 |
| 25th Percentile | $50,848 |
| Median (50th) | $73,629 |
| 75th Percentile | $112,000 |
| 90th Percentile | $172,256 |
Loan Officer Salary in Other Massachusetts Cities
How to Become a Loan Officer in Lowell
Education
Most loan officer positions require a bachelor's degree. Lowell and the surrounding Massachusetts area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Lowell may vary based on local industry and population growth.
Find Loan Officer Jobs in Lowell
Browse open loan officer positions in Lowell, MA: