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

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.