How Much Does a Loan Technician Make in New Mexico?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Technician in New Mexico is $111,450. While Salary.com is seeing that Loan Technician salary in NM can go up to $140,916 or down to $76,717, but most earn between $93,269 and $126,874. 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.
25% $93,269 10% $76,717 90% $140,916 75% $126,874 $111,450 50%(Median)
Related Job Titles to Loan Technician
Loan Servicing Supervisor
$57,943
New Mexico
Per Year
Commercial Loan Clerk
$41,237
New Mexico
Per Year
Loan Closer
$45,100
New Mexico
Per Year
Loan Counselor
$46,245
New Mexico
Per Year
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Similar Job Salaries to Loan Technician by Company

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Company average base salary in (usd) range
Snelling Staffing, L.L.C.
Loan Processor
$45,244/yr
$41,615
$48,873
RANGE: $41,615 - $48,873
Caliver Beach Mortgage
Loan Officer
$67,867/yr
$60,987
$74,747
RANGE: $60,987 - $74,747
Guild
Loan Processor
$46,432/yr
$42,121
$50,743
RANGE: $42,121 - $50,743
United Business Bank
Commercial Loan Officer III
$111,063/yr
$98,978
$123,148
RANGE: $98,978 - $123,148
Homewise
Mortgage Loan Processor
$49,578/yr
$45,596
$53,561
RANGE: $45,596 - $53,561
Sunward Federal Credit Union
Direct Loan Processor 1
$55,760/yr
$49,858
$61,662
RANGE: $49,858 - $61,662
Colliers
Agency Loan Closer
$55,678/yr
$50,083
$61,272
RANGE: $50,083 - $61,272
State Employees Credit Union of New Mexico
Indirect Loan Specialist I
$54,081/yr
$48,760
$59,402
RANGE: $48,760 - $59,402

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Top 10 Highest Paying Cities For Loan Technician 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 Technician 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 Technician job salaries in New Mexico. Some cities can pay higher salaries for Loan Technician jobs, which can indicate that there is a large demand for Loan Technician positions in this city.
The following table shows top 10 cities where the Loan Technician salary is higher than other cities in New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Loan Technician salary is $114,230 in Santa Fe, which is lower than the national average. There is 0 city's Loan Technician salary higher than national average in New Mexico.
The average salary for a Loan Technician in New Mexico is $111,450, but we found that the city with the highest salary for Loan Technician jobs is Santa Fe, NM, and it is higher than Albuquerque. Loan Technician 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 $114,230 $9,519 $2,197 $55
Albuquerque $113,626 $9,469 $2,185 $55
Rio Rancho $113,263 $9,439 $2,178 $54
Farmington $112,175 $9,348 $2,157 $54
Clovis $107,945 $8,995 $2,076 $52
Alamogordo $107,824 $8,985 $2,074 $52
Hobbs $106,978 $8,915 $2,057 $51
Roswell $106,011 $8,834 $2,039 $51
Sunland Park $105,285 $8,774 $2,025 $51
Las Cruces $104,681 $8,723 $2,013 $50

What Does a Loan Technician Do?

If you are thinking of becoming a Loan Technician or planning the next step in your career, find details about.
Updated December 06, 2021
Ensure compliance with Standard Operating ProceduresQualificationsBe valued for who you are:To do this well, our Loan Set Technicians need to have exceptional attention to detail and a strong customer service orientation.
Updated November 23, 2021
In just 4 months, you can finish with two certifications (An Electrocardiogram Technician and  a surgical Technician) without a loan on your neck.
Updated October 09, 2021
Serves as a trainee assisting higher graded technicians in performing a variety of technical and clerical support functions involving; loans, grants and loan guarantee programs.
Updated October 08, 2021
Our technicians can offer you financial counseling and help you deal with your servicer (or work with you directly in the case of a VA direct loan).
Updated October 07, 2021

Frequently Asked Questions About a Loan Technician Salaries

What is the average of a Loan Technician in New Mexico?

The Loan Technician salary range is from $93,269 to $126,874, and the average Loan Technician salary is $111,450/year in New Mexico. The Loan Technician's salary will change in different locations.

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

The Loan Technician salary in San Jose, CA is $151,703 which is the highest in the US.

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

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

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