Business & Finance Manchester, NH Pop. 115,644

Loan Officer Salary in Manchester, New Hampshire

The median loan officer salary in Manchester, NH is $70,999 per year, which is 8.0% above the national median and 0.9% above the New Hampshire state average.

City Median
$70,999
vs State Avg
+$657
vs National
+$5,259
Cost of Living
106%

Loan Officer Salary in Manchester by Experience

In Manchester, an entry-level loan officer earns around $41,040, while experienced professionals earn up to $140,400 per year. The local cost of living index is 106% of the national average.

Entry Level (0-2 yrs)
$41,040
+$3,040 vs national
Mid Level (3-7 yrs)
$71,280
+$5,280 vs national
Senior Level (8+ yrs)
$140,400
+$10,400 vs national

Salary Percentiles in Manchester, NH

Percentile Manchester
10th Percentile $38,016
25th Percentile $49,032
Median (50th) $70,999
75th Percentile $108,000
90th Percentile $166,104

Loan Officer Salary in Other New Hampshire Cities

Nashua, NH
$73,629
Pop. 91,322
Dover, NH
$69,684
Pop. 32,741
Concord, NH
$68,370
Pop. 43,976
Rochester, NH
$65,740
Pop. 31,366

How to Become a Loan Officer in Manchester

Education

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

Find Loan Officer Jobs in Manchester

Browse open loan officer positions in Manchester, NH:

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Frequently Asked Questions: Loan Officer Salary in Manchester

How much does a Loan Officer make in Manchester, NH? ▼
The median loan officer salary in Manchester, New Hampshire is $70,999 per year, which is 8.0% above the national median of $65,740. Salaries range from $38,016 (10th percentile) to $166,104 (90th percentile).
How much does a Loan Officer make per hour in Manchester? ▼
Based on the median annual salary of $70,999, a loan officer in Manchester earns approximately $34 per hour assuming a standard 2,080-hour work year.
How does Manchester compare to the New Hampshire state average for loan officer pay? ▼
Manchester's median loan officer salary of $70,999 is 0.9% above the New Hampshire state average of $70,342. The local cost of living index is 106% of the national average.
What is the cost of living in Manchester, NH? ▼
Manchester has a cost of living index of 106% compared to the national average. This means a loan officer salary of $70,999 in Manchester has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Manchester? ▼
Most loan officer positions in Manchester 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.