Click or scroll to view previous job

Build a Career You'll Love

2024 Compensation Trend Pay Equity Audit Employee Service Awards Compensation Strategy

Loan Broker Salary in New York

How much does a Loan Broker make in New York? The salary range for a Loan Broker job is from $60,813 to $79,190 per year in New York. Click on the filter to check out Loan Broker job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$68,808
Per Year
The average salary for a Loan Broker is $68,808
per Year in New York.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$60,813
$68,808
Medium
$79,190

Highest Paying Cities for Loan Broker in New York

Here are the top eight that pay the highest Loan Broker salary in NY. Due to the cost of living in different locations, the Loan Broker salary will also be different. New York with the highest wage for the Loan Broker in New York has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Loan Broker

Loan Broker works in New York will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.
Top 5 States with Higher Salaries For
Loan Broker in the United States:
Loan Broker in District of Columbia: $71,842
Loan Broker in California: $71,196
Loan Broker in New Jersey: $70,745
Loan Broker in Alaska: $70,293
Loan Broker in Massachusetts: $70,228

How Much Do Similar Professions Get Paid in New York?

The Loan Broker jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Loan Broker, while they have the Loan Broker responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Business Loan Broker
Average salary
United States
$63,136
per Year
View salaries
Job openings
Broker
Average salary
United States
$101,604
per Year
View salaries
Job openings
Broker Assistant
Average salary
United States
$40,604
per Year
View salaries
Job openings
Business Broker
Average salary
United States
$68,525
per Year
View salaries
Job openings
Broker In Charge
Average salary
United States
$92,911
per Year
View salaries
Job openings
Energy Broker
Average salary
United States
$66,535
per Year
View salaries
Job openings

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.
See more details

What Does a Loan Broker Do?

In cases where the lender covers the fee, it is important to ensure that you are not being steered toward a more expensive loan because it comes with a higher commission for the broker.

December 22, 2021

The Commercial Loan Broker Institute is a one-stop-shop for all your commercial loan broker business needs.

December 20, 2021

A mortgage broker can simplify this process by connecting homebuyers with appropriate loans, preparing application materials and guiding the borrower through underwriting and closing.

December 18, 2021

If you’ve ever dreamed about owning your own business, being your own boss, working on your own time and making a great living doing so, then don’t pass up this loan broker business opportunity that’s waiting for you.

December 17, 2021

Individuals who are less qualified buyers or are buying less traditional properties will have an easier time finding loans for which they can be approved by going through a mortgage broker than by going through individual direct lenders with generally stricter criteria for approval.

December 13, 2021

Most Common Benefits for Loan Broker

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Loan Broker
Get a personal salary report to know Which factors can influence Loan Broker salary.
Is this information useful?
Thank you!
In cases where the lender covers the fee, it is important to ensure that you are not being steered toward a more expensive loan because it comes with a higher commission for the broker.
Is this information useful?
Thank you!
Check the below career pages for detailed pay ranges for similar professions to Loan Broker:
Is this information useful?
Thank you!
Sunnyside pays the highest Loan Broker wage. Get personal salary report to explore more salary information in different cities.
Is this information useful?
Thank you!
The Loan Broker salary range is $60,813 to $79,190 in NY.
Is this information useful?
Thank you!

Career Insights

What is Pay-for-Performance Compensation?
pay and salary
What is Pay-for-Performance Compensation?
What Is a Salary Grading Scale?
pay and salary
What Is a Salary Grading Scale?
The Gender Pay Gap in America in 2022
pay and salary
Understanding the Gender Pay Gap in America
adjust employee salary
Adjust Employee Salary Individualize employee pay based on unique job requirements and personal qualifications.
price my industry jobs
Price My Industry Jobs Get the latest market price for benchmark jobs and jobs in your industry.
Click or scroll to view next job