What are the main factors that influence a Loan Analyst's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Loan Analyst?

The Financial Services industry offers the highest average compensation for Loan Analyst roles, with salaries approximately 30% above the market median.

How does experience change A Loan Analyst's salary?

A Loan Analyst's salary grows with experience: a Loan Processor I (0-1 years)earns $45,697, a Loan Analyst (1-3 years)earns $51,189, a Loan Processor III (3-5 years)earns $62,054, a Loan Processing Supervisor (5+ years)earns $67,061,

What are the highest paying cities for a Loan Analyst?

Loan Analyst salary varies significantly by city. The top 3 highest paying cities in Massachusetts for Loan Analyst roles are San Jose $62,079, San Francisco $61,399, Oakland $60,105.

How much do different types of Loan Analyst roles make?

Salaries for Loan Analyst level roles vary by specialization: Loan Closing Analyst: $65,403; Loan Operations Analyst: $58,905; Financial Loan Analyst: $58,630; Loan Review Analyst: $58,425; Commercial Loan Analyst: $58,214.

What specialized skills increase a Loan Analyst's salary?

Skills with high demand and low supply, such as Team Operations (up to 7% premium), Leadership (up to 6% premium), Onboarding (up to 5% premium), directly translate to higher compensation. Employers pay more for these capabilities to gain a competitive edge.

Loan Analyst Salary in Cherry Valley, MA

How much does a Loan Analyst make in Cherry Valley, MA?

As of July 01, 2026, the average salary for a Loan Analyst in Cherry Valley, MA is $51,572 per year, which breaks down to an hourly rate of $25.

However, a Loan Analyst's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $61,511
Majority Range (25th-75th percentile): $47,654 to $56,774
Entry-Level (10th percentile): $44,088

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Loan Analyst Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$56,774	$4,731	$1,092	$27
Average	$51,572	$4,298	$992	$25
25th Percentile	$47,654	$3,971	$916	$23

You may get higher pay by adjusting the following factors:

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Check out Loan Analyst Job Openings in Cherry Valley, MA

Business Analyst with Commercial Loan & BFSI exp

Syntricate Technologies - Boston, MA

Loan Administration Analyst (2026 Grad)

Deerpath Capital Management - Boston, MA

Board Certified Behavior Analyst (BCBA)- Tuition Loan Support up to $24K!

Golden Steps ABA - Dorchester, MA

Board Certified Behavior Analyst (BCBA)- Tuition Loan Support up to $24K!

Golden Steps ABA - Boston, MA

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Key Factors That Influence Loan Analyst Salaries

A Loan Analyst's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

Top Paying Cities for Loan Analysts

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $62,079
San Francisco: $61,399
Oakland: $60,105

San Jose, CA $62,079

San Francisco, CA $61,399

Oakland, CA $60,105

New York, NY $56,669

Paramus, NJ $55,980

Queens Village, NY $55,978

Passaic, NJ $55,931

Bergenfield, NJ $55,927

Stamford, CT $55,818

Huntington, NY $55,798

Newark, NJ $55,434

Bridgeport, CT $55,331

Vallejo, CA $55,233

New Brunswick, NJ $55,213

Petaluma, CA $55,183

Middlesex, NJ $55,090

Somerset, NJ $55,055

Santa Cruz, CA $54,991

Boston, MA $54,691

Monterey, CA $54,519

Seattle, WA $54,406

Santa Rosa, CA $54,396

Los Angeles, CA $54,381

Juneau, AK $54,253

Washington, DC $54,199

Orange, CA $54,024

Santa Ana, CA $53,894

Long Beach, CA $53,845

Anaheim, CA $53,835

Anchorage, AK $53,810

Santa Maria, CA $53,663

Everett, WA $53,653

Danbury, CT $53,480

Bremerton, WA $53,412

Tacoma, WA $53,234

New Suffolk, NY $53,233

Sacramento, CA $53,220

Santa Barbara, CA $53,165

Trenton, NJ $53,111

San Diego, CA $53,111

Brockton, MA $53,057

Fairbanks, AK $52,937

Lompoc, CA $52,811

Lowell, MA $52,771

Ventura, CA $52,762

Nashua, NH $52,752

Stockton, CA $52,747

Modesto, CA $52,388

Poughkeepsie, NY $52,280

Olympia, WA $52,186

Kennewick, WA $52,186

New Haven, CT $52,166

Lawrence, MA $51,989

Hartford, CT $51,940

Riverside, CA $51,930

New Bedford, MA $51,881

Richland, WA $51,881

Bakersfield, CA $51,812

San Bernardino, CA $51,792

New Britain, CT $51,787

Atlantic City, NJ $51,787

New London, CT $51,768

Norwich, CT $51,753

Portsmouth, NH $51,743

Boulder, CO $51,639

Portland, OR $51,571

Worcester, MA $51,566

Minneapolis, MN $51,413

Philadelphia, PA $51,344

Honolulu, HI $51,182

Saint Paul, MN $51,158

Vineland, NJ $51,148

Providence, RI $51,005

Chicago, IL $50,862

Bellingham, WA $50,803

Springfield, MA $50,764

Baltimore, MD $50,749

Chico, CA $50,626

Pittsfield, MA $50,493

Manchester, NH $50,399

Spokane, WA $50,183

Denver, CO $50,178

Albany, NY $49,947

Troy, NY $49,927

Nassau, NY $49,874

Schenectady, NY $49,824

Wilmington, DE $49,784

Burlington, VT $49,715

Salem, OR $49,696

Portland, ME $49,543

Yakima, WA $49,494

Rochester, MN $49,341

Reno, NV $49,317

Fresno, CA $49,317

Milwaukee, WI $49,272

Detroit, MI $49,223

Ann Arbor, MI $49,215

Allentown, PA $49,208

Colorado Springs, CO $49,125

Syracuse, NY $49,100

Carson City, NV $49,100

Houston, TX $49,031

Eugene, OR $49,007

Gary, IN $48,947

Springfield, OR $48,908

Bismarck, ND $48,898

Galveston, TX $48,864

Medford, OR $48,790

Fort Collins, CO $48,770

Concord, NH $48,746

Austin, TX $48,731

Mesa, AZ $48,628

Reading, PA $48,623

Phoenix, AZ $48,618

Dallas, TX $48,603

Saint Cloud, MN $48,556

Madison, WI $48,490

Utica, NY $48,357

Rochester, NY $48,278

Des Moines, IA $48,273

Raleigh, NC $48,268

Atlanta, GA $48,194

Battle Creek, MI $48,180

Salt Lake City, UT $48,165

Lancaster, PA $48,091

Harrisburg, PA $48,022

Kansas City, MO $47,973

Champaign, IL $47,963

Kansas City, KS $47,963

Fort Worth, TX $47,958

Columbus, OH $47,950

Boca Raton, FL $47,939

Pittsburgh, PA $47,919

Richmond, VA $47,899

Indianapolis, IN $47,889

Cleveland, OH $47,884

Las Vegas, NV $47,825

Cincinnati, OH $47,825

Petersburg, VA $47,751

Huntsville, AL $47,678

Lansing, MI $47,645

Lebanon, PA $47,638

Pueblo, CO $47,633

Appleton, WI $47,619

Buffalo, NY $47,599

Dayton, OH $47,584

Racine, WI $47,574

Charlotte, NC $47,569

Saint Louis, MO $47,555

York, PA $47,525

Elkhart, IN $47,525

Gastonia, NC $47,516

Billings, MT $47,504

Beaumont, TX $47,491

Lorain, OH $47,481

Benton Harbor, MI $47,471

Toledo, OH $47,461

Binghamton, NY $47,437

Rock Hill, SC $47,432

Rockford, IL $47,407

Springfield, IL $47,387

Elyria, OH $47,382

Fargo, ND $47,382

Flagstaff, AZ $47,348

Fort Lauderdale, FL $47,318

Duluth, MN $47,289

Miami, FL $47,289

Cheyenne, WY $47,254

Grand Forks, ND $47,254

Bangor, ME $47,146

Cedar Rapids, IA $47,092

Durham, NC $47,071

Louisville, KY $47,067

Grand Rapids, MI $47,058

Hialeah, FL $47,053

Casper, WY $46,984

Scranton, PA $46,925

New Orleans, LA $46,910

Virginia Beach, VA $46,905

Akron, OH $46,880

Peoria, IL $46,816

Sarasota, FL $46,807

Nashville, TN $46,772

Omaha, NE $46,772

Green Bay, WI $46,772

Baton Rouge, LA $46,747

Charleston, SC $46,738

Jamestown, NY $46,713

Davenport, IA $46,713

Tucson, AZ $46,688

Saint Petersburg, FL $46,659

Tampa, FL $46,649

Evansville, IN $46,619

Port Arthur, TX $46,619

Bradenton, FL $46,600

Santa Fe, NM $46,511

Orlando, FL $46,423

Clearwater, FL $46,408

Canton, OH $46,304

La Crosse, WI $46,304

Albuquerque, NM $46,275

Newport News, VA $46,270

High Point, NC $46,255

Ogden, UT $46,236

Corpus Christi, TX $46,196

Norfolk, VA $46,167

Laramie, WY $46,167

Rock Island, IL $46,137

Saginaw, MI $46,127

Jacksonville, FL $46,122

Salisbury, NC $46,113

Boise, ID $46,103

Moline, IL $46,078

Fort Myers, FL $46,063

Memphis, TN $46,053

Tulsa, OK $46,029

Waterloo, IA $45,999

Spartanburg, SC $45,950

Lincoln, NE $45,926

Fort Wayne, IN $45,916

Provo, UT $45,911

Cedar Falls, IA $45,852

San Antonio, TX $45,832

Greensboro, NC $45,812

South Bend, IN $45,807

Savannah, GA $45,753

Muskegon, MI $45,734

Birmingham, AL $45,729

Winston Salem, NC $45,705

Lake Charles, LA $45,586

Anderson, IN $45,576

Lexington, KY $45,561

Augusta, GA $45,547

Greenville, SC $45,547

Lima, OH $45,507

Wichita, KS $45,502

Tuscaloosa, AL $45,502

Columbia, SC $45,458

Springfield, OH $45,448

Asheville, NC $45,369

Bloomington, IN $45,335

Knoxville, TN $45,158

Shreveport, LA $45,153

Wilmington, NC $45,089

Roanoke, VA $45,089

Topeka, KS $45,000

Frankfort, KY $44,995

Oklahoma City, OK $44,961

Chillicothe, OH $44,941

Longview, TX $44,936

Melbourne, FL $44,931

Sioux Falls, SD $44,853

Mobile, AL $44,848

Terre Haute, IN $44,828

Altoona, PA $44,798

Amarillo, TX $44,764

Killeen, TX $44,749

Fayetteville, AR $44,710

Chattanooga, TN $44,695

Sioux City, IA $44,651

Idaho Falls, ID $44,641

Lynchburg, VA $44,602

Gainesville, FL $44,538

Portsmouth, OH $44,513

Little Rock, AR $44,503

Lafayette, LA $44,483

Youngstown, OH $44,483

Daytona Beach, FL $44,454

Clarksville, TN $44,449

Pensacola, FL $44,444

Temple, TX $44,441

Hopkinsville, KY $44,296

Erie, PA $44,287

Florence, SC $44,267

Charleston, WV $44,188

Great Falls, MT $44,163

Macon, GA $44,095

Tallahassee, FL $44,090

Fayetteville, NC $44,080

Waco, TX $44,070

Helena, MT $44,036

Pine Bluff, AR $44,017

Vincennes, IN $43,957

Lubbock, TX $43,937

Alamogordo, NM $43,908

Twin Falls, ID $43,863

Rapid City, SD $43,848

Jackson, MS $43,760

Huntington, WV $43,756

Greenville, MS $43,755

Parkersburg, WV $43,705

Montgomery, AL $43,696

Wichita Falls, TX $43,647

Springfield, MO $43,647

Biloxi, MS $43,622

Monroe, LA $43,573

Johnstown, PA $43,538

Sumter, SC $43,519

Columbus, GA $43,514

Pascagoula, MS $43,420

Abilene, TX $43,420

Kingsport, TN $43,292

Albany, GA $43,292

Gulfport, MS $43,278

Alexandria, LA $43,115

Fort Smith, AR $42,992

El Paso, TX $42,859

Las Cruces, NM $42,638

Harlingen, TX $42,513

Pocatello, ID $42,505

Florence, AL $42,441

Brownsville, TX $42,431

Mcallen, TX $42,328

Dothan, AL $42,259

Columbus, MS $41,966

Altus, OK $41,737

Lawton, OK $41,644

Pierre, SD $41,466

What Skills Can Increase a Loan Analyst's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 9.84% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	9.84%
Data Entry	2.85%
Loan Review	1.38%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Analyst's salary.

Team Operations: Can increase your salary by up to 7%.
Leadership: Can increase your salary by up to 6%.
Onboarding: Can increase your salary by up to 5%.

Skill	Salary	Salary % Increase
Team Operations	$55,182	7%
Leadership	$54,666	6%
Onboarding	$54,150	5%
Prioritization	$54,150	5%
Presentation	$54,150	5%
Customer Relationship	$53,635	4%

Get Latest Data

Loan Analyst Salary by Industry: Top Paying Sectors

For Loan Analyst roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Loan Analyst positions in Business Services typically offer lower base pay, as this sector often view Loan Analyst as a support function rather than a direct revenue driver.

The top paying industry for a Loan Analyst

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$67,043	$32.0	30%

Loan Analyst Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Analyst's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on July 01, 2026

$47,654

Average $51,572/year

$56,774

$3,971

Average $4,298/month

$4,731

$916

Average $992/week

$1,092

$23

Average $25/hour

$27

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$56,774	$4,731	$1,092	$27
Average	$51,572	$4,298	$992	$25
25th Percentile	$47,654	$3,971	$916	$23

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