Loans Manager Salary in Boston, MA

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How much does a Loans Manager make in Boston, MA?

As of April 01, 2025, the average annual salary for a Loans Manager in Boston, MA is $198,140. Salary.com reports that pay typically ranges from $165,609 to $223,159, with most professionals earning between $135,991 and $245,938.

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Salary range for a Loans Manager
$165,609 to $223,159
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What is a Loans Manager?

The Loans Manager is responsible for overseeing the loan department of a financial institution, including managing a team of loan officers and ensuring that loan applications are processed efficiently and accurately. They are also responsible for developing and implementing loan policies and procedures, as well as ensuring compliance with all relevant regulations and guidelines. The Loans Manager is also involved in evaluating loan applications, making lending decisions, and monitoring the performance of the loan portfolio. Additionally, they may be responsible for developing and maintaining relationships with clients and promoting loan products and services to potential customers. Overall, the Loans Manager plays a crucial role in the success of the loan department and the overall financial institution.

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Loans Manager Salary By Experience Levels in Boston, 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.

Loans Manager Salary By Level of Education in Boston, 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 Loans Manager in Boston, MA

Average Base Salary

Core compensation

 
 
 
165609
223159
198140

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
182408
276643
225754
What is the average salary for Loans Manager in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loans Manager in Boston, MA. The base salary for Loans Manager ranges from $165,609 to $223,159 with the average base salary of $198,140. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $182,408 to $276,643 with the average total cash compensation of $225,754.

View Average Salary for Loans Manager as table

Average Salary Average Salary Range
Base Salary $198,140 $165,609 - $223,159
Bonus $27,614 $16,800 - $53,484
Total Pay $225,754 $182,408 - $276,643
* 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.

Loans Manager Salary Near Boston, MA

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Boston, MA
CITY, STATE Revere, MA AVERAGE SALARY RANGE $165,609 - $223,159 COMPARE TO Boston, MA 0%
CITY, STATE Brookline, MA AVERAGE SALARY RANGE $165,609 - $223,159 COMPARE TO Boston, MA 0%
CITY, STATE Malden, MA AVERAGE SALARY RANGE $165,609 - $223,159 COMPARE TO Boston, MA 0%
CITY, STATE Somerville, MA AVERAGE SALARY RANGE $165,609 - $223,159 COMPARE TO Boston, MA 0%
CITY, STATE Quincy, MA AVERAGE SALARY RANGE $165,609 - $223,159 COMPARE TO Boston, MA 0%
CITY, STATE Arlington, MA AVERAGE SALARY RANGE $165,609 - $223,159 COMPARE TO Boston, MA 0%
See salaries for Loans Manager in locations close to Boston, 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 Loans Manager in Boston, MA

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JOB TITLE Officer, Entry - Mortgage Loans LOCATION Boston, MA MINIMUM SALARY $49,400 MAXIMUM SALARY $62,000
JOB TITLE Specialist I - Mortgage Loans LOCATION Boston, MA MINIMUM SALARY $49,390 MAXIMUM SALARY $61,990
JOB TITLE Officer, Experienced - Mortgage Loans LOCATION Boston, MA MINIMUM SALARY $65,900 MAXIMUM SALARY $78,100
JOB TITLE Specialist II - Mortgage Loans LOCATION Boston, MA MINIMUM SALARY $65,890 MAXIMUM SALARY $78,090
The Loans Manager 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 Boston, MA that might be a good fit for the type of job and salary you are looking for.

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165609
223159

 

About Boston, Massachusetts    Boston has an area of 89.63 square miles (232.1 km2)—48.4 square miles (125.4 km2) (54%) of land and 41.2 square miles (106.7 km2) (46%) of water. The....More

Boston, Massachusetts  area prices were up 2.5% from a year ago

Loans Manager Salary in popular cities: Worcester, Springfield, Lowell

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