How much does a Loan Officer III make in Worcester, MA?
As of March 01, 2025, the average annual salary for a Loan Officer III in Worcester, MA is $101,100. According to Salary.com, salaries can range from a low of $82,569 to a high of $124,599, with most professionals earning between $91,400 and $113,400.
How much does a Loan Officer III make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Officer III salary data based on specialized databases to help you get a fairer salary.
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Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$113,400 |
$9,450 |
$2,181 |
$55 |
Average |
$101,100 |
$8,425 |
$1,944 |
$49 |
25th Percentile |
$91,400 |
$7,617 |
$1,758 |
$44 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Officer III's Salary?
An entry-level Loan Officer III with under 1 year experience makes about $96,685.
With less than 2 years of experience, a mid-level Loan Officer III makes around $96,969.
After 2-4 years, the Loan Officer III pay rises to about $97,394.
Those senior Loan Officer III with 5-8 years of experience earn roughly $98,102, and those Loan Officer III having 8 years or more experience are expected to earn about $99,094 on average.
Levels |
Salary |
Entry Level Loan Officer III
|
$96,685
|
Intermediate Level Loan Officer III
|
$96,969
|
Senior Level Loan Officer III
|
$97,394
|
Specialist Level Loan Officer III
|
$98,102
|
Expert Level Loan Officer III
|
$99,094
|
$96,685
0 yr
$96,969
< 2 yrs
$97,394
2-4 yrs
$98,102
5-8 yrs
$99,094
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
4%
|
Mid Level
|
4%
|
Senior Level
|
4%
|
Top Level
|
3%
|
Experienced
|
2%
|
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Last Updated on March 01, 2025