Indirect Loan Officer Salaries in Massachusetts
How Much Does an Indirect Loan Officer Make in Massachusetts?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Indirect Loan Officer in Massachusetts is $59,751.
While Salary.com is seeing that Indirect Loan Officer salary in MA can go up to $69,661
or down to $46,979, but most earn between $53,065 and $64,938.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Indirect Loan Officer
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Similar Job Salaries to Indirect Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Acadia Federal Credit Union
Indirect Loan Officer
|
$60,473/yr
|
RANGE: $53,851 - $67,095
|
|
Westmark Credit Union
Indirect Loan Officer
|
$57,864/yr
|
RANGE: $51,527 - $64,200
|
|
The First National Bank of Bemidji
Indirect Loan Officer
|
$55,266/yr
|
RANGE: $48,996 - $61,536
|
|
Mutual of Omaha Mortgage
Loan Officer
|
$66,769/yr
|
RANGE: $60,220 - $73,319
|
|
Ross Mortgage Co Inc
Loan Officer
|
$67,448/yr
|
RANGE: $60,771 - $74,124
|
|
Jobot
Loan Officer
|
$85,528/yr
|
RANGE: $76,858 - $94,199
|
|
First Priority Credit Union
Loan Officer
|
$70,144/yr
|
RANGE: $63,535 - $76,754
|
|
Reading Co-Operative
Commercial Loan Officer
|
$100,543/yr
|
RANGE: $89,640 - $111,446
|
|
Liberty Bank - CT
Loan Officer Assistant
|
$81,296/yr
|
RANGE: $74,566 - $88,025
|
|
LendingHouse
Mortgage Loan Officer (Remote)
|
$90,712/yr
|
RANGE: $80,489 - $100,935
|
Top 10 Highest Paying Cities For Indirect Loan Officer Jobs in Massachusetts
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Indirect Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Indirect Loan Officer job salaries in Massachusetts.
Some cities can pay higher salaries for Indirect Loan Officer jobs, which can indicate that there is a large demand for Indirect Loan Officer positions in this city.
The following table shows top 10 cities where the Indirect Loan Officer salary is higher than other cities in Massachusetts.
Boston takes first place in this list, followed by Cambridge, Waltham.
The Indirect Loan Officer salary is $61,234 in Boston,
which is higher than the national average. There are 36 cities' Indirect Loan Officer salary higher than national average in Massachusetts.
The average salary for an Indirect Loan Officer in Massachusetts is $59,751,
but we found that the city with the highest salary for Indirect Loan Officer jobs is Boston, MA, and it is higher than Cambridge.
Indirect Loan Officer jobs in Boston can have the opportunity to earn higher salaries than in other cities in Massachusetts.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Boston | $61,234 | $5,103 | $1,178 | $29 |
| Cambridge | $61,234 | $5,103 | $1,178 | $29 |
| Waltham | $61,234 | $5,103 | $1,178 | $29 |
| Newton | $61,234 | $5,103 | $1,178 | $29 |
| Arlington | $61,234 | $5,103 | $1,178 | $29 |
| Brookline | $61,234 | $5,103 | $1,178 | $29 |
| Lynn | $61,234 | $5,103 | $1,178 | $29 |
| Malden | $61,234 | $5,103 | $1,178 | $29 |
| Medford | $61,234 | $5,103 | $1,178 | $29 |
| Quincy | $61,234 | $5,103 | $1,178 | $29 |
What Does an Indirect Loan Officer Do?
After review/approval of signed Note, the City’s loan officer will let your contractor know work can begin.
Updated October 11, 2021
The credit union’s indirect loan policy should clearly establish specific underwriting standards and clear requirements for the loans the credit union will accept from vendors.
Updated September 26, 2021
Files for contracts requiring settlement of indirect cost rates should be closed within 36 months of the month in which the contracting officer receives evidence of physical completion.
Updated December 17, 2021
Have been determined, all required disclosures and documents are included and have been executed properly, and indirect loans are uploaded to the core system and the results of the upload has been verified for accuracy.
Updated December 07, 2021
For advance payments, loans, or other arrangements that do not involve recurrent submission of contract financing requests, the designated payment office will make payment in accordance with the applicable contract financing terms or as directed by the contracting officer.
Updated December 02, 2021
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Explore JobArchitectFrequently Asked Questions About an Indirect Loan Officer Salaries
What is the average of an Indirect Loan Officer in Massachusetts?
The Indirect Loan Officer salary range is from $53,065 to $64,938, and the average Indirect Loan Officer salary is $59,751/year in Massachusetts.
The Indirect Loan Officer's salary will change in different locations.
Which location pays the highest Indirect Loan Officer salary in the United States?
The Indirect Loan Officer salary in San Jose, CA is $69,249
which is the highest in the US.
What kinds of reasons will influence the Indirect Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Indirect Loan Officer.
What is the growth rate of the Indirect Loan Officer's salary?
If you are thinking of becoming an Indirect Loan Officer or planning the next step in your career, find the detailed salary report of an Indirect Loan Officer.
