Business & Finance Dover, NH Pop. 32,741

Loan Officer Salary in Dover, New Hampshire

The median loan officer salary in Dover, NH is $69,684 per year, which is 6.0% above the national median and 0.9% below the New Hampshire state average.

City Median
$69,684
vs State Avg
$-658
vs National
+$3,944
Cost of Living
104%

Loan Officer Salary in Dover by Experience

In Dover, an entry-level loan officer earns around $40,280, while experienced professionals earn up to $137,800 per year. The local cost of living index is 104% of the national average.

Entry Level (0-2 yrs)
$40,280
+$2,280 vs national
Mid Level (3-7 yrs)
$69,960
+$3,960 vs national
Senior Level (8+ yrs)
$137,800
+$7,800 vs national

Salary Percentiles in Dover, NH

Percentile Dover
10th Percentile $37,312
25th Percentile $48,124
Median (50th) $69,684
75th Percentile $106,000
90th Percentile $163,028

Loan Officer Salary in Other New Hampshire Cities

Nashua, NH
$73,629
Pop. 91,322
Manchester, NH
$70,999
Pop. 115,644
Concord, NH
$68,370
Pop. 43,976
Rochester, NH
$65,740
Pop. 31,366

How to Become a Loan Officer in Dover

Education

Most loan officer positions require a bachelor's degree. Dover 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 Dover may vary based on local industry and population growth.

Find Loan Officer Jobs in Dover

Browse open loan officer positions in Dover, NH:

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Frequently Asked Questions: Loan Officer Salary in Dover

How much does a Loan Officer make in Dover, NH? ▼
The median loan officer salary in Dover, New Hampshire is $69,684 per year, which is 6.0% above the national median of $65,740. Salaries range from $37,312 (10th percentile) to $163,028 (90th percentile).
How much does a Loan Officer make per hour in Dover? ▼
Based on the median annual salary of $69,684, a loan officer in Dover earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Dover compare to the New Hampshire state average for loan officer pay? ▼
Dover's median loan officer salary of $69,684 is 0.9% below the New Hampshire state average of $70,342. The local cost of living index is 104% of the national average.
What is the cost of living in Dover, NH? ▼
Dover has a cost of living index of 104% compared to the national average. This means a loan officer salary of $69,684 in Dover has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Dover? ▼
Most loan officer positions in Dover 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.