Loans Manager Salary in Buffalo, NY

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How much does a Loans Manager make in Buffalo, NY?

As of April 01, 2025, the average annual salary for a Loans Manager in Buffalo, NY is $171,811. Salary.com reports that pay typically ranges from $143,603 to $193,506, with most professionals earning between $117,921 and $213,258.

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Salary range for a Loans Manager
$143,603 to $193,506
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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 Buffalo, NY

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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 Buffalo, NY

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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 Buffalo, NY

Average Base Salary

Core compensation

 
 
 
143603
193506
171811

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
158170
239883
195756
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 Buffalo, NY. The base salary for Loans Manager ranges from $143,603 to $193,506 with the average base salary of $171,811. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $158,170 to $239,883 with the average total cash compensation of $195,756.

View Average Salary for Loans Manager as table

Average Salary Average Salary Range
Base Salary $171,811 $143,603 - $193,506
Bonus $23,945 $14,567 - $46,377
Total Pay $195,756 $158,170 - $239,883
* 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 Buffalo, NY

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Buffalo, NY
CITY, STATE Niagara Falls, NY AVERAGE SALARY RANGE $143,306 - $193,106 COMPARE TO Buffalo, NY
CITY, STATE Jamestown, NY AVERAGE SALARY RANGE $140,930 - $189,904 COMPARE TO Buffalo, NY
CITY, STATE Henrietta, NY AVERAGE SALARY RANGE $145,652 - $196,267 COMPARE TO Buffalo, NY
CITY, STATE Rochester, NY AVERAGE SALARY RANGE $145,652 - $196,267 COMPARE TO Buffalo, NY
CITY, STATE Erie, PA AVERAGE SALARY RANGE $135,228 - $182,221 COMPARE TO Buffalo, NY
CITY, STATE Syracuse, NY AVERAGE SALARY RANGE $148,132 - $199,608 COMPARE TO Buffalo, NY
See salaries for Loans Manager in locations close to Buffalo, NY. 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 Buffalo, NY

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JOB TITLE Underwriting Manager - Mortgage Loans LOCATION Buffalo, NY MINIMUM SALARY $100,500 MAXIMUM SALARY $115,400
JOB TITLE Processing Manager - Mortgage Loans LOCATION Buffalo, NY MINIMUM SALARY $79,900 MAXIMUM SALARY $101,400
JOB TITLE Officer, Entry - Mortgage Loans LOCATION Buffalo, NY MINIMUM SALARY $42,900 MAXIMUM SALARY $53,700
JOB TITLE Specialist I - Mortgage Loans LOCATION Buffalo, NY MINIMUM SALARY $42,890 MAXIMUM SALARY $53,690
JOB TITLE Officer, Experienced - Mortgage Loans LOCATION Buffalo, NY MINIMUM SALARY $57,100 MAXIMUM SALARY $67,700
JOB TITLE Specialist II - Mortgage Loans LOCATION Buffalo, NY MINIMUM SALARY $57,090 MAXIMUM SALARY $67,690
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 Buffalo, NY that might be a good fit for the type of job and salary you are looking for.

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143603
193506

 

About Buffalo, New York    Buffalo is the second largest city in the U.S. state of New York and the largest city in Western New York. As of July 2016[update], the population was....More

Buffalo, New York  area prices were up 1.5% from a year ago

Loans Manager Salary in popular cities: New York, Rochester, Yonkers

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