Loan Officers pay in New Jersey

In New Jersey, the median pay for loan officers is $44.67 an hour ($92,920 a year). About 6,200 people work in this job there.

$44.67Median hourly pay
$62,740–$131,870Middle half of workers, yearly
6,200People in this job in New Jersey

That is 21% higher than the U.S. median ($76,690). New Jersey ranks 7th of 51 states and territories for this job’s median pay.

Pay range for loan officers in New Jersey

Earns more thanHourlyYearly
10% of workers$24.27$50,490
25% of workers$30.16$62,740
Half of workers (median)$44.67$92,920
75% of workers$63.40$131,870
90% of workers$81.38$169,280

Loan Officers pay in New Jersey metro areas

Metro areaMedian yearly payPeople in this job
Trenton-Princeton$90,430330
Atlantic City-Hammonton$84,26090
Vineland$78,54050

New Jersey unemployment rate: 4.3% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for loan officers

  • Typical education to start: Bachelor's degree (BLS)
  • Experience usually needed to start: Less than 5 years (BLS)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)

Related jobs in New Jersey

JobMedian yearly pay
Accountants and Auditors$100,830
Financial and Investment Analysts$108,610
Personal Financial Advisors$158,570
Financial Specialists, All Other$98,630
Tax Preparers$43,420
Insurance Underwriters$96,220
Financial Risk Specialists$129,220
Financial Examiners$106,410

Other job titles for this job

Financial CounselorFinancial Aid CounselorHome Lending AdvisorAgricultural Loan OfficerBank OfficerBanking Services OfficerBranch Lending OfficerBusiness Banking OfficerCommercial BankerCommercial LenderCommercial Loan Collection OfficerCommercial Loan Officer

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.