As of August 01, 2026, the average annual salary for Licensed Mortgage Loan Officer in New Mexico is $62,815, equivalent to $30 per hour, $1,208 weekly, or $5,235 monthly. These figures, sourced from Salary.com’s real-time job posting scans, highlight competitive earning potential for Licensed Mortgage Loan Officer in cities like San Jose, Santa Clara, and San Francisco.
Annually Salaries for Licensed Mortgage Loan Officer in New Mexico vary widely, spanning from $53,147 to $70,815. Most professionals fall between the 25th percentile ($57,754) and 75th percentile ($67,002), while top earners (90th percentile) make $70,815 per year. This $9,248 pay gap underscores opportunities for salary growth through certifications, specialized skills like Customer Service or CRM, or targeting high-paying regions like District of Columbia or California.
Location and experience significantly influence earnings. For example, New Mexico Licensed Mortgage Loan Officer often earn 7.4% lower than national averages due to demand from Fortune 51 companies. However, New Mexico currently ranks 45 nationwide for Licensed Mortgage Loan Officer job salary. Professionals are advised to focus on high-growth sectors like to offset market challenges.