Retail Loan Officer Salary in Las Cruces, NM

How much does a Retail Loan Officer make in Las Cruces, NM?

As of April 01, 2025, the average annual salary for a Retail Loan Officer in Las Cruces, NM is $64,524. According to Salary.com, salaries can range from a low of $49,460 to a high of $83,823, with most professionals earning between $56,639 and $74,626.

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Salary range for a Retail Loan Officer

$56,639 to $74,626

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Retail Loan Officer

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Job Openings for Retail Loan Officer in Las Cruces, NM

What does a Retail Loan Officer do?

Common responsibilities of a Retail Loan Officer

Actively educates members on credit and suggests products that will always put them in a better financial situation.

May 10, 2023

Determine customer loan needs and recommend the right products to help meet their goals according to organization's lending guidelines.

December 03, 2022

Attend sales seminars and builder/realtor meetings to generate loan volume within market area.

December 12, 2022

Provide a high level of customer service to every customer during the loan process.

February 08, 2023

Manage active pipeline from origination to closing, work effectively with fulfillment departments to ensure loan requirements are satisfied and deadlines met.

February 13, 2023

Participate in business related development opportunities that promote homeownership and professional organizations.

March 05, 2023

Understanding of federal regulations governing Real Estate Lending.

March 17, 2023

Follow up with prospects regarding documents that were submitted for review, analyze credit reports, income documents, and conduct further research as required.

March 26, 2023

Develop and maintain successful relationships with business referral sources, both existing and prospective, through marketing, cold-calling, prospecting and networking activities.

April 09, 2023

Adhere to all federal and state compliance guidelines relative to the position.

May 19, 2023

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Retail Loan Officer Salary By Experience Levels in Las Cruces, NM

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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.

Retail Loan Officer Salary By Level of Education in Las Cruces, NM

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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 Retail Loan Officer in Las Cruces, NM

Average Base Salary

Core compensation

56639

74626

64524

Average Total Cash Compensation

Includes base and annual incentives

58692

81632

68963

What is the average salary for Retail Loan Officer in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Retail Loan Officer in Las Cruces, NM. The base salary for Retail Loan Officer ranges from $56,639 to $74,626 with the average base salary of $64,524. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,692 to $81,632 with the average total cash compensation of $68,963.

View Average Salary for Retail Loan Officer as table

	Average Salary	Average Salary Range
Base Salary	$64,524	$56,639 - $74,626
Bonus	$4,439	$2,053 - $7,007
Total Pay	$68,963	$58,692 - $81,632

* 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.

Retail Loan Officer Salary Near Las Cruces, NM

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Las Cruces, NM
CITY, STATE Sunland Park, NM	AVERAGE SALARY RANGE $56,933 - $75,013	COMPARE TO Las Cruces, NM
CITY, STATE El Paso, TX	AVERAGE SALARY RANGE $56,933 - $75,013	COMPARE TO Las Cruces, NM
CITY, STATE Alamogordo, NM	AVERAGE SALARY RANGE $58,319 - $76,840	COMPARE TO Las Cruces, NM
CITY, STATE Roswell, NM	AVERAGE SALARY RANGE $57,339 - $75,547	COMPARE TO Las Cruces, NM
CITY, STATE Albuquerque, NM	AVERAGE SALARY RANGE $61,471 - $80,992	COMPARE TO Las Cruces, NM
CITY, STATE Rio Rancho, NM	AVERAGE SALARY RANGE $61,274 - $80,733	COMPARE TO Las Cruces, NM

See salaries for Retail Loan Officer in locations close to Las Cruces, NM. 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 Las Cruces, New Mexico

Las Cruces is the seat of Doña Ana County, New Mexico, United States. As of the 2010 census the population was 97,618, and in 2017 the estimated population was 101,712, making it the second largest city in the state, after Albuquerque. Las Cruces is the largest city in both Doña Ana County and southern New Mexico. The Las Cruces metropolitan area had an estimated population of 213,849 in 2017. It is the principal city of a metropolitan statistical area which encompasses all of Doña Ana County and is part of the larger El Paso–Las Cruces combined statistical area. Las Cruces is the economic and...

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

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The Retail Loan Officer 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 Las Cruces, NM that might be a good fit for the type of job and salary you are looking for.

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56639

74626

About Las Cruces, New Mexico Las Cruces is the seat of Doña Ana County, New Mexico, United States. As of the 2010 census the population was 97,618, and in 2017 the estimated popul....More

Las Cruces, New Mexico area prices were up 2.5% from a year ago

Retail Loan Officer Salary in popular cities: Albuquerque, Rio Rancho, Santa Fe

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