Business & Finance Concord, NH Pop. 43,976

Loan Officer Salary in Concord, New Hampshire

The median loan officer salary in Concord, NH is $68,370 per year, which is 4.0% above the national median and 2.8% below the New Hampshire state average.

City Median
$68,370
vs State Avg
$-1,972
vs National
+$2,630
Cost of Living
102%

Loan Officer Salary in Concord by Experience

In Concord, an entry-level loan officer earns around $39,520, while experienced professionals earn up to $135,200 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$39,520
+$1,520 vs national
Mid Level (3-7 yrs)
$68,640
+$2,640 vs national
Senior Level (8+ yrs)
$135,200
+$5,200 vs national

Salary Percentiles in Concord, NH

Percentile Concord
10th Percentile $36,608
25th Percentile $47,216
Median (50th) $68,370
75th Percentile $104,000
90th Percentile $159,952

Loan Officer Salary in Other New Hampshire Cities

Nashua, NH
$73,629
Pop. 91,322
Manchester, NH
$70,999
Pop. 115,644
Dover, NH
$69,684
Pop. 32,741
Rochester, NH
$65,740
Pop. 31,366

How to Become a Loan Officer in Concord

Education

Most loan officer positions require a bachelor's degree. Concord and the surrounding New Hampshire area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Concord may vary based on local industry and population growth.

Find Loan Officer Jobs in Concord

Browse open loan officer positions in Concord, NH:

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Frequently Asked Questions: Loan Officer Salary in Concord

How much does a Loan Officer make in Concord, NH? ▼
The median loan officer salary in Concord, New Hampshire is $68,370 per year, which is 4.0% above the national median of $65,740. Salaries range from $36,608 (10th percentile) to $159,952 (90th percentile).
How much does a Loan Officer make per hour in Concord? ▼
Based on the median annual salary of $68,370, a loan officer in Concord earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Concord compare to the New Hampshire state average for loan officer pay? ▼
Concord's median loan officer salary of $68,370 is 2.8% below the New Hampshire state average of $70,342. The local cost of living index is 102% of the national average.
What is the cost of living in Concord, NH? ▼
Concord has a cost of living index of 102% compared to the national average. This means a loan officer salary of $68,370 in Concord has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Concord? ▼
Most loan officer positions in Concord require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.