How Much Does a Loan Processing Analyst Make in New Mexico?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Processing Analyst in New Mexico is $37,905. While Salary.com is seeing that Loan Processing Analyst salary in NM can go up to $46,577 or down to $26,899, but most earn between $32,144 and $42,444. 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 Processing Analyst
Loan Processing Supervisor
$58,929
New Mexico
Per Year
Loan Processing Manager
$88,708
New Mexico
Per Year
Loan Processing Assistant
$40,124
New Mexico
Per Year
Loan Processing Specialist
$53,012
New Mexico
Per Year
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Similar Job Salaries to Loan Processing Analyst by Company

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Company average base salary in (usd) range
Sumitomo Mitsui Financial Group, Inc.
Loan Documentation & Processing - Analyst
$69,187/yr
$62,191
$76,182
RANGE: $62,191 - $76,182
First Western
Commercial Loan Processing Analyst I
$55,906/yr
$50,784
$61,029
RANGE: $50,784 - $61,029
Citigroup Inc.
LOAN DOCUMENTATION AND PROCESSING ASSOCIATE ANALYST, OFFICER
$46,555/yr
$42,313
$50,797
RANGE: $42,313 - $50,797
V R Della Infotech Inc
Sterile Processing - Sterile Processing Technician
$51,335/yr
$45,790
$56,881
RANGE: $45,790 - $56,881
$72,101/yr
$64,791
$79,410
RANGE: $64,791 - $79,410
Dominion Financial Services
Assistant Loan Processing Manager
$68,264/yr
$61,420
$75,108
RANGE: $61,420 - $75,108
America First Credit Union
Consumer Loan Processing Admin
$61,582/yr
$55,511
$67,652
RANGE: $55,511 - $67,652
PIDC
Loan Processing Coordinator, Lending
$64,502/yr
$58,724
$70,281
RANGE: $58,724 - $70,281
AgSouth_Farm_Credit
Loan Processing Coordinator
$58,884/yr
$52,851
$64,917
RANGE: $52,851 - $64,917
beBee Careers
Loan Processing Expert
$63,326/yr
$56,926
$69,725
RANGE: $56,926 - $69,725

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Top 10 Highest Paying Cities For Loan Processing Analyst Jobs in New Mexico

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Processing Analyst 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 Processing Analyst job salaries in New Mexico. Some cities can pay higher salaries for Loan Processing Analyst jobs, which can indicate that there is a large demand for Loan Processing Analyst positions in this city.
The following table shows top 10 cities where the Loan Processing Analyst salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Loan Processing Analyst salary is $38,675 in Santa Fe, which is lower than the national average. There is 0 city's Loan Processing Analyst salary higher than national average in New Mexico.
The average salary for a Loan Processing Analyst in New Mexico is $37,905, but we found that the city with the highest salary for Loan Processing Analyst jobs is Santa Fe, NM, and it is higher than Albuquerque. Loan Processing Analyst jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $38,675 $3,223 $744 $19
Albuquerque $38,478 $3,207 $740 $18
Rio Rancho $38,356 $3,196 $738 $18
Farmington $37,963 $3,164 $730 $18
Clovis $36,551 $3,046 $703 $18
Alamogordo $36,506 $3,042 $702 $18
Hobbs $36,207 $3,017 $696 $17
Roswell $35,892 $2,991 $690 $17
Sunland Park $35,638 $2,970 $685 $17
Las Cruces $35,454 $2,954 $682 $17

What Does a Loan Processing Analyst Do?

Analyze all bank risk and ensure compliance to all bank policies and procedures and collaborate with financial analyst to maintain accuracy in all investor approved loans.
Updated December 20, 2021
It must be understood that the credit analyst, once convinced, will act as the client’s advocate in presenting the application to the bank’s loan committee and also guiding it through the bank’s internal procedures.
Updated December 20, 2021
For example, if they are tasked with determining the response rate of a marketing promotion that offered a skip-a-payment on an auto loan, the analyst must figure not all customers who skipped a payment that month were responders to the campaign.
Updated December 19, 2021
A loan analyst works for a bank, credit union, or similar financial lending institution and evaluates credit applications to decide loan approval.
Updated December 12, 2021
It developed the first cloud service for mortgage brokers, combining third-party loan processing with an all-in-one digital platform.
Updated December 09, 2021

Frequently Asked Questions About a Loan Processing Analyst Salaries

What is the average of a Loan Processing Analyst in New Mexico?

The Loan Processing Analyst salary range is from $32,144 to $42,444, and the average Loan Processing Analyst salary is $37,905/year in New Mexico. The Loan Processing Analyst's salary will change in different locations.

Which location pays the highest Loan Processing Analyst salary in the United States?

The Loan Processing Analyst salary in San Jose, CA is $51,620 which is the highest in the US.

What kinds of reasons will influence the Loan Processing Analyst'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 Processing Analyst.

What is the growth rate of the Loan Processing Analyst's salary?

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