How Much Does a Loan Operations Officer Make in New Jersey?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$96,239/yr
Average Base Pay
Low $79,413
Average $96,239
High $113,758
The average salary for Loan Operations Officer is $96,239 per year in New Jersey.

Related Job Titles to Loan Operations Officer

Middle Market Loan Officer
$119,100
New Jersey
Per Year
Agricultural Loan Officer
$114,595
New Jersey
Per Year
Loan Officer
$72,571
New Jersey
Per Year
Consumer Loan Officer I
$55,394
New Jersey
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Similar Job Salaries to Loan Operations Officer by Company

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Company average base salary in (usd) range
First Equity Funding
Loan Officer
$102,765/yr
$85,098
$120,431
RANGE: $85,098 - $120,431
$118,689/yr
$99,018
$138,359
RANGE: $99,018 - $138,359
First Bank - NJ
Loan Workout Officer
$112,130/yr
$90,388
$133,872
RANGE: $90,388 - $133,872
Americas Elite Group LLC
Loan Officer Outside Sales
$151,254/yr
$124,293
$178,216
RANGE: $124,293 - $178,216

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Top 10 Highest Paying Cities For Loan Operations Officer Jobs in New Jersey

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 New Jersey. 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 New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Loan Operations Officer salary is $102,561 in Jersey City, which is higher than the national average. There are 33 cities' Loan Operations Officer salary higher than national average in New Jersey.
The average salary for a Loan Operations Officer in New Jersey is $96,239, but we found that the city with the highest salary for Loan Operations Officer jobs is Jersey City, NJ, and it is higher than Union City. Loan Operations Officer jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $102,561 $8,547 $1,972 $49
Union City $102,561 $8,547 $1,972 $49
Hoboken $102,561 $8,547 $1,972 $49
West New York $102,561 $8,547 $1,972 $49
Paramus $101,156 $8,430 $1,945 $49
Paterson $101,068 $8,422 $1,944 $49
Clifton $101,068 $8,422 $1,944 $49
Passaic $101,068 $8,422 $1,944 $49
Bloomfield $101,068 $8,422 $1,944 $49
Wayne $101,068 $8,422 $1,944 $49

What Does a Loan Operations Officer Do?

Wondering how you can provide your LOs with best practices to drive more sales and deliver the service borrowers expect? Check out our eBook “Enabling Loan Officers for Success in a Mobile Era,” to hear from industry experts:.
Updated September 28, 2021
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

Frequently Asked Questions About a Loan Operations Officer Salaries

What is the average of a Loan Operations Officer in New Jersey?

The Loan Operations Officer salary range is from $79,413 to $113,758, and the average Loan Operations Officer salary is $96,239/year in New Jersey. 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 $110,200 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.