How Much Does a Loan Operations Officer Make in Massachusetts?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Operations Officer in Massachusetts is $98,041. While Salary.com is seeing that Loan Operations Officer salary in MA can go up to $132,293 or down to $65,694, but most earn between $81,110 and $115,970. 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.
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Similar Job Salaries to Loan Operations Officer by Company

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Company average base salary in (usd) range
Jobot
Loan Officer
$85,245/yr
$77,968
$92,521
RANGE: $77,968 - $92,521
$66,769/yr
$60,220
$73,319
RANGE: $60,220 - $73,319
Ross Mortgage Co Inc
Loan Officer
$67,448/yr
$60,771
$74,124
RANGE: $60,771 - $74,124
$70,144/yr
$63,535
$76,754
RANGE: $63,535 - $76,754
Jobot
Loan Officer (Remote)
$85,414/yr
$76,196
$94,632
RANGE: $76,196 - $94,632
Dedham Savings
Residential Loan Officer I
$80,609/yr
$72,426
$88,792
RANGE: $72,426 - $88,792
South Shore Bank
Residential Loan Officer I
$80,609/yr
$72,426
$88,792
RANGE: $72,426 - $88,792

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Top 10 Highest Paying Cities For Loan Operations Officer 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 Operations 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 Loan Operations Officer job salaries in Massachusetts. Some cities can pay higher salaries for Loan Operations Officer jobs, which can indicate that there is a large demand for Loan Operations Officer positions in this city.
The following table shows top 10 cities where the Loan Operations Officer salary is higher than other cities in Massachusetts. Boston takes first place in this list, followed by Cambridge, Waltham. The Loan Operations Officer salary is $100,474 in Boston, which is higher than the national average. There are 36 cities' Loan Operations Officer salary higher than national average in Massachusetts.
The average salary for a Loan Operations Officer in Massachusetts is $98,041, but we found that the city with the highest salary for Loan Operations Officer jobs is Boston, MA, and it is higher than Cambridge. Loan Operations 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 $100,474 $8,373 $1,932 $48
Cambridge $100,474 $8,373 $1,932 $48
Waltham $100,474 $8,373 $1,932 $48
Newton $100,474 $8,373 $1,932 $48
Arlington $100,474 $8,373 $1,932 $48
Brookline $100,474 $8,373 $1,932 $48
Lynn $100,474 $8,373 $1,932 $48
Malden $100,474 $8,373 $1,932 $48
Medford $100,474 $8,373 $1,932 $48
Quincy $100,474 $8,373 $1,932 $48

What Does a Loan Operations Officer Do?

A concluding paragraph asking the loan officer to review your package and expressing your anticipation of speaking with them soon.
Updated December 14, 2021
LO Connect’s intutive design and powerful automation helps your loan officers accomplish common tasks with ease, including:.
Updated December 13, 2021
The Encompass LOS allows loan officers to access everything they need to originate and close more loans, in less time, from any location.
Updated December 12, 2021
Responsible for audit of loan operation activity, reviews daily reports for accuracy, and responsible for monthly and/or quarterly reports as required.
Updated December 06, 2021
Learn about your eligibility and find application guides to help you prepare for your USDA Service Center visit with a loan officer.
Updated October 26, 2021

Frequently Asked Questions About a Loan Operations Officer Salaries

What is the average of a Loan Operations Officer in Massachusetts?

The Loan Operations Officer salary range is from $81,110 to $115,970, and the average Loan Operations Officer salary is $98,041/year in Massachusetts. The Loan Operations Officer's salary will change in different locations.

Which location pays the highest Loan Operations Officer salary in the United States?

The Loan Operations Officer salary in San Jose, CA is $113,626 which is the highest in the US.

What kinds of reasons will influence the Loan Operations 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 Loan Operations Officer.

What is the growth rate of the Loan Operations Officer's salary?

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