1. Home
  2. Career Explorer
  3. Loan Officer
  4. Salaries
Content has loaded

Loan Officer salary in Albany, NY

How much does a Loan Officer make in Albany, NY?

Average base salary

arrow down58%
below national average

Most common benefits

$22,000per year
View more

The average salary for a loan officer is $76,197 per year in Albany, NY and $22,000 commission per year.2 salaries reported, updated at October 14, 2021.

Is this useful?

Salaries by years of experience in Albany, NY

Years of experiencePer year
Less than 1 year
1 to 2 years
3 to 5 years
6 to 9 years
More than 10 years
View job openings with the years of experience that is relevant to you on Indeed
View jobs
Is this useful?

Top companies for Loan Officers in Albany, NY

  1. NEXA Mortgage
    17 reviews19 salaries reported
    $262,040per year
  2. $202,738per year
Is this useful?

Highest paying cities for Loan Officers near Albany, NY

  1. Garden City, NY
    $205,198 per year
    6 salaries reported
  2. Flushing, NY
    $143,592 per year
    7 salaries reported
  3. Melville, NY
    $106,508 per year
    8 salaries reported
  1. Valley Stream, NY
    $95,978 per year
    7 salaries reported
  2. White Plains, NY
    $94,352 per year
    7 salaries reported
  3. Buffalo, NY
    $90,732 per year
    7 salaries reported
  1. Jericho, NY
    $88,919 per year
    7 salaries reported
  2. Rochester, NY
    $84,422 per year
    8 salaries reported
  3. New York, NY
    $80,681 per year
    21 salaries reported
Is this useful?

Where can a Loan Officer earn more?

Compare salaries for Loan Officers in different locations
Explore Loan Officer openings
Is this useful?

Best-paid skills and qualifications for Loan Officers

Most recommended license

NMLSearn +28.08% more

The jobs requiring this license have increase by 9.99% since 2018. Loan Officers with this license earn +28.08% more than the average base salary, which is $76,197 per year.

Job Trend
YearNumber of job openings on Indeed requiring this licenseChange from previous year
201111increase by 11
201211638increase by 105700.00%
201344369increase by 281.24%
201465840increase by 48.39%
201522251decrease by 66.20%
201623720increase by 6.60%
201719551decrease by 17.58%
201816762decrease by 14.27%
201918436increase by 9.99%

Top companies hiring Loan Officers on Indeed

PNC Financial Services Group
PenFed Credit Union
Berkshire Bank
View more companies for Loan Officers
Is this useful?
Top fields of study
Medical Degree
Top skills
Sales Experience

More critical skills and qualifications that pay well

Top LicensesSalaryJob openingsCompanies
870 jobs3,325
Is this useful?

Most common benefits for Loan Officers

  • 401(k)
  • 401(k) matching
  • AD&D insurance
  • Continuing education credits
  • Dental insurance
  • Disability insurance
  • Employee assistance program
  • Employee discount
  • Employee stock ownership plan
  • Flexible schedule
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Life insurance
  • Opportunities for advancement
  • Paid time off
  • Paid training
  • Parental leave
  • Professional development assistance
  • Referral program
  • Retirement plan
  • Tuition reimbursement
  • Vision insurance
  • Work from home
Is this useful?

Salary satisfaction

Based on 475 ratings

51% of Loan Officers in the United States think their salaries are enough for the cost of living in their area.

Is this useful?

How much do similar professions get paid in Albany, NY?

Mortgage Loan Originator

9 job openings

Average $225,565 per year

Is this useful?

How much should you be earning?

Get an estimated calculation of how much you should be earning and insight into your career options. See more details

Get estimated pay range

Common questions about salaries for a Loan Officer

How can I know if I am being paid fairly as a loan officer?

If you’re unsure about what salary is appropriate for a loan officer, visit Indeed's Salary Calculator to get a free, personalized pay range based on your location, industry, and experience.

Was this answer helpful?

How much do similar professions to Loan Officer get paid?

Check the below indeed career pages for the detailed pay ranges for the similar professions to loan officer:

Was this answer helpful?

Career insights

Frequently searched careers

Registered Nurse

Police Officer

Software Engineer


Administrative Assistant

Truck Driver

Customer Service Representative

Real Estate Agent

Nursing Assistant

Dental Hygienist

Project Manager