How Much Does a Loan Associate Make in Massachusetts?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Associate in Massachusetts is $47,137. While Salary.com is seeing that Loan Associate salary in MA can go up to $56,956 or down to $36,423, but most earn between $41,529 and $52,277. 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 Loan Associate
Loan Servicing Associate
$49,074
Massachusetts
Per Year
Account Associate - Loan
$62,390
Massachusetts
Per Year
Loan Support Associate
$52,518
Massachusetts
Per Year
Associate Loan Officer
$81,042
Massachusetts
Per Year
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Similar Job Salaries to Loan Associate by Company

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Company average base salary in (usd) range
Freedom Credit Union
Consumer Loan Servicing Associate
$72,447/yr
$62,684
$82,211
RANGE: $62,684 - $82,211
Northeast Bank
Senior Loan Servicing Associate - Paid Discharge
$66,013/yr
$55,955
$76,071
RANGE: $55,955 - $76,071
Pernini Legal, LLC
Structured Credit & Collateralized Loan Obligations Associate Attorney
$186,243/yr
$155,588
$216,898
RANGE: $155,588 - $216,898
Impact Solutions Inc
Structured Credit & Collateralized Loan Obligations Associate Attorney
$186,243/yr
$155,588
$216,898
RANGE: $155,588 - $216,898
KPMG US
Senior Associate, Financial Services Banking Loan Operations - AFS/nCino/ACBS
$161,116/yr
$135,094
$187,139
RANGE: $135,094 - $187,139
Metro Credit Union
Loan Funding - Loan Funder
$72,108/yr
$62,094
$82,121
RANGE: $62,094 - $82,121
Make Your Move
Loan Officer
$110,148/yr
$87,801
$132,495
RANGE: $87,801 - $132,495
$75,723/yr
$64,380
$87,065
RANGE: $64,380 - $87,065
Baycoast Bank
LOAN OFFICER
$78,957/yr
$66,729
$91,186
RANGE: $66,729 - $91,186

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Top 10 Highest Paying Cities For Loan Associate Jobs in Massachusetts

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Associate can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Loan Associate job salaries in Massachusetts. Some cities can pay higher salaries for Loan Associate jobs, which can indicate that there is a large demand for Loan Associate positions in this city.
The following table shows top 10 cities where the Loan Associate salary is higher than other cities in Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Loan Associate salary is $48,567 in Boston, which is higher than the national average. There are 36 cities' Loan Associate salary higher than national average in Massachusetts.
The average salary for a Loan Associate in Massachusetts is $47,137, but we found that the city with the highest salary for Loan Associate jobs is Boston, MA, and it is higher than Cambridge. Loan Associate 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 $48,567 $4,047 $934 $23
Cambridge $48,567 $4,047 $934 $23
Waltham $48,567 $4,047 $934 $23
Newton $48,567 $4,047 $934 $23
Arlington $48,567 $4,047 $934 $23
Brookline $48,567 $4,047 $934 $23
Lynn $48,567 $4,047 $934 $23
Malden $48,567 $4,047 $934 $23
Medford $48,567 $4,047 $934 $23
Quincy $48,567 $4,047 $934 $23

What Does a Loan Associate Do?

If you are thinking of becoming a Loan Associate or planning the next step in your career, find details about.
Updated November 13, 2021
PORTLAND — Gwendolyn Hulit has joined Bangor Savings Bank as mortgage loan officer associate based in Portland.
Updated October 13, 2021
This is an entry level position designed to assist branch Loan Officers (LOs) while preparing the Loan Officer Associate (LOA) to grow into a Loan Officer position.
Updated October 10, 2021

Frequently Asked Questions About a Loan Associate Salaries

What is the average of a Loan Associate in Massachusetts?

The Loan Associate salary range is from $41,529 to $52,277, and the average Loan Associate salary is $47,137/year in Massachusetts. The Loan Associate's salary will change in different locations.

Which location pays the highest Loan Associate salary in the United States?

The Loan Associate salary in San Jose, CA is $54,372 which is the highest in the US.

What kinds of reasons will influence the Loan Associate'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 Loan Associate.

What is the growth rate of the Loan Associate's salary?

If you are thinking of becoming a Loan Associate or planning the next step in your career, find the detailed salary report of a Loan Associate.