Loan Officer Salary in New Jersey
Explore loan officer salaries in New Jersey including median pay, entry-level and senior compensation, and how it compares to the national average.
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $54,614 | $92,844 | $131,074 |
| Monthly | $4,551 | $7,737 | $10,923 |
| Biweekly | $2,101 | $3,571 | $5,041 |
| Weekly | $1,050 | $1,785 | $2,521 |
| Hourly | $26 | $45 | $63 |
NJ vs National Comparison
About This Career
Evaluate loan applications and manage lending relationships with clients.
Education
Bachelor's degree in Finance or related field
Key Skills
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Compare salaries for other business & finance jobs in New Jersey:
Explore Related Data for a Loan Officer in New Jersey
Dig into every angle of a loan officer salary ($92,844 median) in New Jersey — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.
Take-home pay on $92,844 in New Jersey
Federal, state, Social Security, and Medicare — what you keep after taxes.
What you can afford on $92,844 in New Jersey
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $92,844 in New Jersey
Exactly which federal and state brackets your salary crosses.
$350,000 mortgage in New Jersey
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $90,000
Savings benchmarks and projections for your income level.
Loan Officer salary in Newark
Drill down to city-level salary data for Newark, New Jersey.
Frequently Asked Questions
What is the median loan officer salary in New Jersey?
The median loan officer salary in New Jersey is $92,844, compared to a national median of $77,370.
What is the entry-level loan officer salary in New Jersey?
Entry-level loan officer positions in New Jersey typically pay around $54,614 annually.
What is the senior loan officer salary in New Jersey?
Senior loan officer professionals in New Jersey earn around $131,074 annually.
What is the job growth outlook for loan officer?
The projected 10-year job growth outlook for loan officer positions is 16%, which indicates strong demand in this field.
What education is needed to become a loan officer?
Bachelor's degree in Finance or related field