Loans Officer Salary in Trenton, New Jersey

How much does a Loans Officer make in Trenton, NJ?

As of May 01, 2025, the average annual salary for a Loans Officer in Trenton, NJ is $74,365. Salary.com reports that pay typically ranges from $64,226 to $87,085, with most professionals earning between $54,994 and $98,666.

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Salary range for a Loans Officer

$64,226 to $87,085

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What is a Loans Officer?

A Loans Officer is responsible for evaluating, authorizing, or recommending approval of loan applications for individuals and businesses. They analyze the financial status of loan applicants, review credit reports, and assess the risk involved in granting loans. Loans Officers also work with clients to explain loan options and terms, and ensure that all necessary documentation is completed accurately. They may also be responsible for monitoring and managing existing loan accounts, as well as promoting and marketing loan products to potential customers. Strong communication and customer service skills are essential for this role, as Loans Officers must be able to build and maintain relationships with clients while adhering to lending regulations and company policies.

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Job Openings for Loans Officer in Trenton, NJ

What does a Loans Officer do?

Common responsibilities of a Loans Officer

Stay informed about industry trends, market conditions, and changes in lending practices to make informed decisions about loan approvals and risk management.

September 08, 2023

Provide guidance and assistance to customers in understanding the loan application process and their financial obligations.

September 14, 2023

Develop and maintain relationships with potential borrowers, such as individuals, small businesses, and commercial clients.

September 15, 2023

Negotiate loan terms and conditions with borrowers, including interest rates, repayment schedules, and collateral requirements.

September 18, 2023

Monitor and track the status of existing loans, including payments, delinquencies, and defaults.

October 07, 2023

Interview loan applicants to gather additional information and clarify any discrepancies in their financial records.

October 10, 2023

Review and analyze financial documents, such as income statements and credit reports, to assess the risk of lending to an individual or business.

October 20, 2023

Work with underwriters and other financial professionals to ensure compliance with lending regulations and company policies.

October 21, 2023

Recommend loan approvals or denials based on the applicant's financial situation and credit history.

November 08, 2023

Evaluate loan applications and determine the creditworthiness of applicants.

November 15, 2023

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Loans Officer Salary By Experience Levels in Trenton, NJ

How much should you be earning in Loans Officer in Trenton, NJ based on your current experience?

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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 Officer Salary By Level of Education in Trenton, NJ

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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 Officer in Trenton, NJ

Average Base Salary

Core compensation

64226

87085

74365

Average Total Cash Compensation

Includes base and annual incentives

74628

104602

87813

What is the average salary for Loans Officer in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loans Officer in Trenton, NJ. The base salary for Loans Officer ranges from $64,226 to $87,085 with the average base salary of $74,365. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $74,628 to $104,602 with the average total cash compensation of $87,813.

View Average Salary for Loans Officer as table

	Average Salary	Average Salary Range
Base Salary	$74,365	$64,226 - $87,085
Bonus	$13,448	$10,402 - $17,517
Total Pay	$87,813	$74,628 - $104,602

* 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 Officer Salary Near Trenton, NJ

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Trenton, NJ
CITY, STATE East Brunswick, NJ	AVERAGE SALARY RANGE $66,822 - $90,606	COMPARE TO Trenton, NJ
CITY, STATE New Brunswick, NJ	AVERAGE SALARY RANGE $66,822 - $90,606	COMPARE TO Trenton, NJ
CITY, STATE Somerset, NJ	AVERAGE SALARY RANGE $66,609 - $90,316	COMPARE TO Trenton, NJ
CITY, STATE Sayreville, NJ	AVERAGE SALARY RANGE $66,822 - $90,606	COMPARE TO Trenton, NJ
CITY, STATE Doylestown, PA	AVERAGE SALARY RANGE $64,030 - $86,820	COMPARE TO Trenton, NJ
CITY, STATE Edison, NJ	AVERAGE SALARY RANGE $66,662 - $90,389	COMPARE TO Trenton, NJ

See salaries for Loans Officer in locations close to Trenton, NJ. 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 Trenton, New Jersey

According to the United States Census Bureau, the city had a total area of 8.155 square miles (21.122 km2), including 7.648 square miles (19.809 km2) of land and 0.507 square mile (1.313 km2) of water (6.21%). Several bridges across the Delaware River – the Trenton–Morrisville Toll Bridge, Lower Trenton Bridge and Calhoun Street Bridge – connect Trenton to Morrisville, Pennsylvania, all of which are operated by the Delaware River Joint Toll Bridge Commission. Trenton is located near the exact geographic center of the state, which is 5 miles (8.0 km) located southeast of Trenton. The city is so...

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

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