Entry Level Loan Officer Salary in New Mexico

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Entry Level Loan Officer Salary in New Mexico

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How much does an Entry Level Loan Officer make in New Mexico? (2025)

As of August 01, 2025, Entry Level Loan Officers in New Mexico earn an average annual salary of $47,201 with an hourly rate of $23. Salary ranges from $36,311 (10th percentile) to $56,753 (90th percentile), with the majority earning between $41,501 (25th percentile) and $52,201 (75th percentile). Compensation varies based on experience, skills, company size, and local market factors - all explored below.

Compensation Planning Develop a Job description Pay Equity Compensation Philosophy Salary Grading Scale
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $41,501 10% $36,311 90% $56,753 75% $52,201 $47,201 50%(Median) Didn’t find job title? Click
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Entry Level Loan Officer Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $52,201 $4,350 $1,004 $25
Average $47,201 $3,933 $908 $23
25th Percentile $41,501 $3,458 $798 $20
500+ Entry Level Loan Officer job openings Go >
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U.S. Customs and Border Protection - Bernalillo, NM

Customs and Border Protection Officer - Entry Level with Security Clearance

U.S. Customs and Border Protection - Los Ranchos de Albuquerque, NM

Customs and Border Protection Officer - Entry Level with Security Clearance

U.S. Customs and Border Protection - Arroyo, NM

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How much does an Entry Level Loan Officer make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Entry Level Loan Officer salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Entry Level Loan Officer hourly pay, weekly pay, monthly pay and so on.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2025
$41,501
Average $47,201/year
$52,201
$3,458
Average $3,933/month
$4,350
$798
Average $908/week
$1,004
$20
Average $23/hour
$25
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $52,201 $4,350 $1,004 $25
Average $47,201 $3,933 $908 $23
25th Percentile $41,501 $3,458 $798 $20

How does experience level affect an Entry Level Loan Officer's Salary?

An entry-level Entry Level Loan Officer with under 1 year experience makes about $46,394. With less than 2 years of experience, a mid-level Entry Level Loan Officer makes around $47,068. After 2-4 years, the Entry Level Loan Officer pay rises to about $48,133. Those senior Entry Level Loan Officer with 5-8 years of experience earn roughly $48,730, and those Entry Level Loan Officer having 8 years or more experience are expected to earn about $48,879 on average.

Levels Salary
Entry Level Entry Level Loan Officer $46,394
Intermediate Level Entry Level Loan Officer $47,068
Senior Level Entry Level Loan Officer $48,133
Specialist Level Entry Level Loan Officer $48,730
Expert Level Entry Level Loan Officer $48,879
$46,394 0 yr
$47,068 < 2 yrs
$48,133 2-4 yrs
$48,730 5-8 yrs
$48,879 > 8 yrs
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