Lending Analyst Salary in Springfield, MA

Didn't find your job?
Click

How much does a Lending Analyst make in Springfield, MA?

As of March 01, 2025, the average annual salary for a Lending Analyst in Springfield, MA is $78,993. According to Salary.com, salaries can range from a low of $66,997 to a high of $93,121, with most professionals earning between $72,714 and $86,388.

Search Lending Analyst Jobs in Springfield, MA

Develop a Job description
Pay Equity
2024 Compensation Trend
Benefits Consulting
Salary range for an Lending Analyst
$72,714 to $86,388
Employers: Find Surveys For This Job
Employers: Price Your Company Jobs
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

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.

See user submitted job responsibilities for Lending Analyst.

Search Lending Analyst Job Openings

Job Openings for Lending Analyst in Springfield, MA
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

Lending Analyst Salary By Experience Levels in Springfield, MA

How much should you be earning in Lending Analyst in Springfield, MA based on your current experience?
Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Lending Analyst in Springfield, MA

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 Springfield, MA

Do you know how much should you be paid for a Lending Analyst position in Springfield, MA based on your education level?
Tell us about your education and see an estimate of earnings for Lending Analyst in Springfield, MA and well to know the impact of education on future careers.

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 Springfield, MA

Average Base Salary

Core compensation

 
 
 
72714
86388
78993

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
74481
89664
81265
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 Springfield, MA. The base salary for Lending Analyst ranges from $72,714 to $86,388 with the average base salary of $78,993. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $74,481 to $89,664 with the average total cash compensation of $81,265.

View Average Salary for Lending Analyst as table

Average Salary Average Salary Range
Base Salary $78,993 $72,714 - $86,388
Bonus $2,272 $1,766 - $3,275
Total Pay $81,265 $74,481 - $89,664
* 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 Springfield, MA

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Springfield, MA
CITY, STATE Chicopee, MA AVERAGE SALARY RANGE $72,836 - $86,533 COMPARE TO Springfield, MA
CITY, STATE Holyoke, MA AVERAGE SALARY RANGE $72,836 - $86,533 COMPARE TO Springfield, MA
CITY, STATE Westfield, MA AVERAGE SALARY RANGE $72,836 - $86,533 COMPARE TO Springfield, MA
CITY, STATE Manchester, CT AVERAGE SALARY RANGE $75,489 - $89,685 COMPARE TO Springfield, MA
CITY, STATE East Hartford, CT AVERAGE SALARY RANGE $75,489 - $89,685 COMPARE TO Springfield, MA
CITY, STATE Hartford, CT AVERAGE SALARY RANGE $75,489 - $89,685 COMPARE TO Springfield, MA
See salaries for Lending Analyst in locations close to Springfield, 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.

View Salary for Similar Jobs to Lending Analyst in Springfield, MA

See Additional Similar Jobs
Loading results...
JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Analyst, Securities Lending LOCATION Springfield, MA MINIMUM SALARY $49,500 MAXIMUM SALARY $61,368
JOB TITLE Commercial Lending Analyst LOCATION Springfield, MA MINIMUM SALARY $56,055 MAXIMUM SALARY $71,908
JOB TITLE Credit Analyst I - Lending LOCATION Springfield, MA MINIMUM SALARY $54,310 MAXIMUM SALARY $64,990
JOB TITLE Credit Analyst II - Lending LOCATION Springfield, MA MINIMUM SALARY $63,080 MAXIMUM SALARY $76,630
JOB TITLE Credit Analyst III - Lending LOCATION Springfield, MA MINIMUM SALARY $83,770 MAXIMUM SALARY $90,490
JOB TITLE Credit Analyst IV - Lending LOCATION Springfield, MA MINIMUM SALARY $98,480 MAXIMUM SALARY $115,010
The Lending Analyst job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Springfield, MA that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

72714
86388

 

About Springfield, Massachusetts    Springfield is located at 42°6′45″N 72°32′51″W / 42.11250°N 72.54750°W / 42.11250; -72.54750 (42.112411, −72.547455). According to the United State....More

Springfield, Massachusetts  area prices were up 1.6% from a year ago

Lending Analyst Salary in popular cities: Boston, Worcester, Lowell

Recently searched related titles: Information Technology Security, Senior Information Assurance Analyst, Cyber Information Assurance Analyst

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

Jobs with a similar salary range to Lending Analyst : Junior It Administrator, System Security Specialist, Information Security Professional