Business & Finance Nashua, NH Pop. 91,322

Loan Officer Salary in Nashua, New Hampshire

The median loan officer salary in Nashua, NH is $73,629 per year, which is 12.0% above the national median and 4.7% above the New Hampshire state average.

City Median
$73,629
vs State Avg
+$3,287
vs National
+$7,889
Cost of Living
110%

Loan Officer Salary in Nashua by Experience

In Nashua, 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 110% of the national average.

Entry Level (0-2 yrs)
$42,560
+$4,560 vs national
Mid Level (3-7 yrs)
$73,920
+$7,920 vs national
Senior Level (8+ yrs)
$145,600
+$15,600 vs national

Salary Percentiles in Nashua, NH

Percentile Nashua
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 New Hampshire Cities

Manchester, NH
$70,999
Pop. 115,644
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 Nashua

Education

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

Find Loan Officer Jobs in Nashua

Browse open loan officer positions in Nashua, NH:

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Frequently Asked Questions: Loan Officer Salary in Nashua

How much does a Loan Officer make in Nashua, NH? ▼
The median loan officer salary in Nashua, New Hampshire is $73,629 per year, which is 12.0% above the national median of $65,740. Salaries range from $39,424 (10th percentile) to $172,256 (90th percentile).
How much does a Loan Officer make per hour in Nashua? ▼
Based on the median annual salary of $73,629, a loan officer in Nashua earns approximately $35 per hour assuming a standard 2,080-hour work year.
How does Nashua compare to the New Hampshire state average for loan officer pay? ▼
Nashua's median loan officer salary of $73,629 is 4.7% above the New Hampshire state average of $70,342. The local cost of living index is 110% of the national average.
What is the cost of living in Nashua, NH? ▼
Nashua has a cost of living index of 110% compared to the national average. This means a loan officer salary of $73,629 in Nashua has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Nashua? ▼
Most loan officer positions in Nashua 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.