Loan Administrator Salary in Nashua, New Hampshire

How much does a Loan Administrator make in Nashua, NH?

As of March 01, 2025, the average annual salary for a Loan Administrator in Nashua, NH is $47,760. Salary.com reports that pay typically ranges from $42,618 to $53,309, with most professionals earning between $37,937 and $58,360.

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Salary range for a Loan Administrator

$42,618 to $53,309

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Loan Administrator

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Job Openings for Loan Administrator in Nashua, NH

What does a Loan Administrator do?

Common responsibilities of a Loan Administrator

Works in partnership with RMs as primary liaison with customers, attorneys, inspectors, and title company representatives, during all phases of financing, by keeping them apprised of the loan closing status and any issues that may exist as well as responding to inquiries in a professional and efficient manner.

November 28, 2022

Communicate with the Relationship Manager/borrower regarding any deficiencies or issues discovered during analysis of all submitted documentation to ensure completeness and accuracy of all documentation supporting the loan.

December 04, 2022

Review commitment letters and underwriting files, complete escrow analyses, review closing statements, work with closing attorney, borrower, investors and participants, and coordinate post-closing follow-up for construction loans to ensure completeness of requirements before loan fundings/disbursements.

December 10, 2022

Completes documentation checklists and reviews loan files after closing to ensure all documentation was obtained and liens on collateral are perfected.

December 28, 2022

Provides for the collection and instructions on the proper application of loan payments (regular installment payments, special principal payments, loan payoffs, etc.

January 18, 2023

Manage fundings and payments and collect and analyze loan documentation for a portfolio of commercial real estate and/or multifamily residential construction loans.

February 08, 2023

Assist Director, Loans & Grants Finance Administration with a variety of responsibilities including but not limited to responding to internal and external auditors inquiries, pulling files for FOIL, and running queries from PeopleSoft Financial Management System.

March 28, 2023

Follows established guidelines to accomplish routine loan servicing processes such as posting monthly payments, preparing and reviewing journal entries, reconciling servicing system balances with general ledger balances, prepares loan payoff statements, responds to requests for subordination, prepares all year-end customer payment histories, IRS forms and escrow reconciliations, and ensures compliance with City cash management and receivables policies.

April 09, 2023

Prepare documentation required by lender for execution by CIO prior to submittal to lender and forward to Treasury for submittal to lender for funding.

April 23, 2023

Act as a liaison between relationship managers, loan documentation and funding, in-house counsel and all interested parties to coordinate documentation, funding and closing of commercial loans including but not limited to CRE and C&I loans.

May 02, 2023

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Loan Administrator Salary By Experience Levels in Nashua, NH

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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.

Loan Administrator Salary By Level of Education in Nashua, NH

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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 Loan Administrator in Nashua, NH

Average Base Salary

Core compensation

42618

53309

47760

Average Total Cash Compensation

Includes base and annual incentives

44681

55972

50141

What is the average salary for Loan Administrator in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Administrator in Nashua, NH. The base salary for Loan Administrator ranges from $42,618 to $53,309 with the average base salary of $47,760. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,681 to $55,972 with the average total cash compensation of $50,141.

View Average Salary for Loan Administrator as table

	Average Salary	Average Salary Range
Base Salary	$47,760	$42,618 - $53,309
Bonus	$2,381	$2,063 - $2,663
Total Pay	$50,141	$44,681 - $55,972

* 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.

Loan Administrator Salary Near Nashua, NH

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Nashua, NH
CITY, STATE Merrimack, NH	AVERAGE SALARY RANGE $42,618 - $53,309	COMPARE TO Nashua, NH 0%
CITY, STATE Bedford, NH	AVERAGE SALARY RANGE $40,338 - $50,456	COMPARE TO Nashua, NH
CITY, STATE Manchester, NH	AVERAGE SALARY RANGE $40,338 - $50,456	COMPARE TO Nashua, NH
CITY, STATE Derry, NH	AVERAGE SALARY RANGE $41,432 - $51,825	COMPARE TO Nashua, NH
CITY, STATE Lowell, MA	AVERAGE SALARY RANGE $42,889 - $53,648	COMPARE TO Nashua, NH
CITY, STATE Salem, NH	AVERAGE SALARY RANGE $41,989 - $52,522	COMPARE TO Nashua, NH

See salaries for Loan Administrator in locations close to Nashua, NH. 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 Nashua, New Hampshire

Nashua is a city in Hillsborough County, New Hampshire, United States. As of the 2010 census, Nashua had a population of 86,494, making it the second-largest city in the state after Manchester. As of 2017 the population had risen to an estimated 88,341. Built around the now-departed textile industry, in recent decades it has been swept up in southern New Hampshire's economic expansion as part of the Boston region. Nashua was twice named "Best Place to Live in America" in annual surveys by Money magazine. It is the only city to get the No. 1 ranking on two occasions—in 1987 and 1998. Nashua is ...

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

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