As of December 01, 2024, the average annual pay of Loan Officer II in MA is $81,830. While Salary.com is seeing that Loan Officer II salary in MA can go up to $96,636 or down to $63,509, but most earn between $72,240 and $89,580. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Officer II in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $82,332 | $6,861 | $1,583 | $40 |
| Average | $75,211 | $6,268 | $1,446 | $36 |
| 25th Percentile | $66,390 | $5,532 | $1,277 | $32 |
An entry-level Loan Officer II with under 1 year experience makes about $78,278. With less than 2 years of experience, a mid-level Loan Officer II makes around $78,564. After 2-4 years, the Loan Officer II pay rises to about $78,991. Those senior Loan Officer II with 5-8 years of experience earn roughly $79,989, and those Loan Officer II having 8 years or more experience are expected to earn about $81,130 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Officer II | $78,278 |
| Intermediate Level Loan Officer II | $78,564 |
| Senior Level Loan Officer II | $78,991 |
| Specialist Level Loan Officer II | $79,989 |
| Expert Level Loan Officer II | $81,130 |
| Entry Level | 4% |
| Mid Level | 4% |
| Senior Level | 5% |
| Top Level | 6% |
| Experienced | 8% |
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Loan Officer II salary varies from city to city. Compared with national average salary of Loan Officer II, the highest Loan Officer II salary is in San Francisco, CA, where the Loan Officer II salary is 25.0% above. The lowest Loan Officer II salary is in Miami, FL, where the Loan Officer II salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $94,020 |
25.0%
|
| Washington, DC | $83,710 |
11.3%
|
| Miami, FL | $72,580 |
|
| Chicago, IL | $78,900 |
4.9%
|
| Boston, MA | $84,320 |
12.1%
|
| New York, NY | $87,850 |
16.8%
|
