As of March 01, 2025, the average annual salary for a VP of Lending in Massachusetts is $200,900. Salary.com reports that pay typically ranges from $174,500 to $241,800, with most professionals earning between $150,464 and $279,037.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $222,228 | $18,519 | $4,274 | $107 |
| Average | $184,572 | $15,381 | $3,549 | $89 |
| 25th Percentile | $160,359 | $13,363 | $3,084 | $77 |
An entry-level VP of Lending with under 1 year experience makes about $182,321. With less than 2 years of experience, a mid-level VP of Lending makes around $184,650. After 2-4 years, the VP of Lending pay rises to about $187,755. Those senior VP of Lending with 5-8 years of experience earn roughly $192,412, and those VP of Lending having 8 years or more experience are expected to earn about $198,234 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Lending | $182,321 |
| Intermediate Level VP of Lending | $184,650 |
| Senior Level VP of Lending | $187,755 |
| Specialist Level VP of Lending | $192,412 |
| Expert Level VP of Lending | $198,234 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 4% |
| Experienced | 7% |
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VP of Lending salary varies from city to city. Compared with national average salary of VP of Lending, the highest VP of Lending salary is in San Francisco, CA, where the VP of Lending salary is 25.0% above. The lowest VP of Lending salary is in Miami, FL, where the VP of Lending salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $230,800 |
25.0%
|
| Washington, DC | $205,500 |
11.3%
|
| Miami, FL | $178,200 |
|
| Chicago, IL | $193,700 |
4.9%
|
| Boston, MA | $207,000 |
12.1%
|
| New York, NY | $215,600 |
16.8%
|
