Lending Analyst Salary in New Bedford, Massachusetts

How much does a Lending Analyst make in New Bedford, MA?

As of March 01, 2025, the average annual salary for a Lending Analyst in New Bedford, MA is $80,205. According to Salary.com, salaries can range from a low of $68,025 to a high of $94,549, with most professionals earning between $73,829 and $87,713.

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Salary range for an Lending Analyst

$73,829 to $87,713

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What is a Lending Analyst?

A Lending Analyst is responsible for evaluating and analyzing loan applications and financial data to determine the creditworthiness of potential borrowers. They review and assess the financial statements, credit reports, and other relevant documents to make informed decisions on loan approvals or denials. Lending Analysts also work closely with loan officers and underwriters to ensure that all necessary information is gathered and accurately assessed. Additionally, they may be involved in developing and implementing lending policies and procedures to minimize risk and maximize profitability for the lending institution. Strong analytical skills, attention to detail, and a thorough understanding of lending regulations and best practices are essential for success in this role.

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Job Openings for Lending Analyst in New Bedford, MA

What does a Lending Analyst do?

Common responsibilities of a Lending Analyst

Monitor and track the performance of existing loans to identify potential issues and recommend appropriate actions.

September 01, 2023

Review financial statements, credit reports, and other relevant documents to assess borrower's financial situation.

September 14, 2023

Provide recommendations on loan terms, interest rates, and collateral requirements based on risk assessment and financial analysis.

September 14, 2023

Prepare and present reports on lending activities, portfolio performance, and risk management to senior management.

September 18, 2023

Stay updated on industry trends, regulatory changes, and best practices in lending analysis.

September 18, 2023

Assist in the development and implementation of new lending products and strategies based on market analysis and customer needs.

September 20, 2023

Conduct industry and market research to assess the potential risks and opportunities associated with lending to specific sectors or businesses.

September 24, 2023

Collaborate with underwriters and loan officers to ensure compliance with lending policies and regulations.

October 15, 2023

Analyze and evaluate loan applications to determine creditworthiness and risk level.

October 29, 2023

Develop and maintain financial models to forecast loan performance and assess potential impact on the lending portfolio.

November 01, 2023

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Lending Analyst Salary By Experience Levels in New Bedford, MA

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Lending Analyst Salary By Level of Education in New Bedford, MA

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Lending Analyst in New Bedford, MA

Average Base Salary

Core compensation

73829

87713

80205

Average Total Cash Compensation

Includes base and annual incentives

75623

91039

82511

What is the average salary for Lending Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Analyst in New Bedford, MA. The base salary for Lending Analyst ranges from $73,829 to $87,713 with the average base salary of $80,205. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $75,623 to $91,039 with the average total cash compensation of $82,511.

View Average Salary for Lending Analyst as table

	Average Salary	Average Salary Range
Base Salary	$80,205	$73,829 - $87,713
Bonus	$2,307	$1,794 - $3,326
Total Pay	$82,511	$75,623 - $91,039

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Lending Analyst Salary Near New Bedford, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO New Bedford, MA
CITY, STATE Fall River, MA	AVERAGE SALARY RANGE $74,178 - $88,127	COMPARE TO New Bedford, MA
CITY, STATE Tiverton, RI	AVERAGE SALARY RANGE $74,108 - $88,045	COMPARE TO New Bedford, MA
CITY, STATE Taunton, MA	AVERAGE SALARY RANGE $76,060 - $90,364	COMPARE TO New Bedford, MA
CITY, STATE Newport, RI	AVERAGE SALARY RANGE $73,816 - $87,697	COMPARE TO New Bedford, MA
CITY, STATE East Providence, RI	AVERAGE SALARY RANGE $73,410 - $87,215	COMPARE TO New Bedford, MA
CITY, STATE Plymouth, MA	AVERAGE SALARY RANGE $75,332 - $89,498	COMPARE TO New Bedford, MA

See salaries for Lending Analyst in locations close to New Bedford, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About New Bedford, Massachusetts

New Bedford is a city in Bristol County, Massachusetts, United States. As of the 2010 census, the city had a total population of 95,072, making it the sixth-largest city in Massachusetts. New Bedford is nicknamed "The Whaling City" because during the 19th century, the city was one of the most important whaling ports in the world, along with Nantucket, Massachusetts and New London, Connecticut. The city, along with Fall River and Taunton, make up the three largest cities in the South Coast region of Massachusetts and is known for its fishing fleet and accompanying seafood producing industries ...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Analyst, Securities Lending	LOCATION New Bedford, MA	MINIMUM SALARY $50,259	MAXIMUM SALARY $62,309
JOB TITLE Commercial Lending Analyst	LOCATION New Bedford, MA	MINIMUM SALARY $56,055	MAXIMUM SALARY $71,908
JOB TITLE Credit Analyst I - Lending	LOCATION New Bedford, MA	MINIMUM SALARY $55,140	MAXIMUM SALARY $65,980
JOB TITLE Credit Analyst II - Lending	LOCATION New Bedford, MA	MINIMUM SALARY $64,040	MAXIMUM SALARY $77,800
JOB TITLE Credit Analyst III - Lending	LOCATION New Bedford, MA	MINIMUM SALARY $85,060	MAXIMUM SALARY $91,880
JOB TITLE Credit Analyst IV - Lending	LOCATION New Bedford, MA	MINIMUM SALARY $99,990	MAXIMUM SALARY $116,770

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