How much does a Loans Manager make in New York, NY?

As of April 01, 2025, the average annual salary for a Loans Manager in New York, NY is $205,885. Salary.com reports that pay typically ranges from $172,083 to $231,883, with most professionals earning between $141,307 and $255,552.

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Salary range for a Loans Manager
$172,083 to $231,883
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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.

See user submitted job responsibilities for Loans Manager.

Job Openings for Loans Manager in New York, 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.
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LEVEL OF EDUCATION

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Average Base Salary

Core compensation

 
 
 
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231883
205885

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
189539
287458
234579
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 New York, NY. The base salary for Loans Manager ranges from $172,083 to $231,883 with the average base salary of $205,885. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $189,539 to $287,458 with the average total cash compensation of $234,579.
Average Salary Average Salary Range
Base Salary $205,885 $172,083 - $231,883
Bonus $28,694 $17,456 - $55,575
Total Pay $234,579 $189,539 - $287,458
* 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.
CITY, STATE AVERAGE SALARY RANGE COMPARE TO New York, NY
CITY, STATE West New York, NJ AVERAGE SALARY RANGE $172,083 - $231,883 COMPARE TO New York, NY 0%
CITY, STATE Hoboken, NJ AVERAGE SALARY RANGE $172,083 - $231,883 COMPARE TO New York, NY 0%
CITY, STATE Union City, NJ AVERAGE SALARY RANGE $172,083 - $231,883 COMPARE TO New York, NY 0%
CITY, STATE Jersey City, NJ AVERAGE SALARY RANGE $172,083 - $231,883 COMPARE TO New York, NY 0%
CITY, STATE Bronx, NY AVERAGE SALARY RANGE $172,083 - $231,883 COMPARE TO New York, NY 0%
CITY, STATE Brooklyn, NY AVERAGE SALARY RANGE $172,083 - $231,883 COMPARE TO New York, NY 0%
See salaries for Loans Manager in locations close to New York, 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.
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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Underwriting Manager - Mortgage Loans LOCATION New York, NY MINIMUM SALARY $120,400 MAXIMUM SALARY $138,300
JOB TITLE Processing Manager - Mortgage Loans LOCATION New York, NY MINIMUM SALARY $95,700 MAXIMUM SALARY $121,500
JOB TITLE Officer, Entry - Mortgage Loans LOCATION New York, NY MINIMUM SALARY $51,400 MAXIMUM SALARY $64,400
JOB TITLE Specialist I - Mortgage Loans LOCATION New York, NY MINIMUM SALARY $51,390 MAXIMUM SALARY $64,390
JOB TITLE Officer, Experienced - Mortgage Loans LOCATION New York, NY MINIMUM SALARY $68,500 MAXIMUM SALARY $81,100
JOB TITLE Specialist II - Mortgage Loans LOCATION New York, NY MINIMUM SALARY $68,490 MAXIMUM SALARY $81,090
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 New York, NY that might be a good fit for the type of job and salary you are looking for.

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172083
231883

 

About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago

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