How much does a loan officer make in New Mexico?
$62,610a year
Median yearly pay for loan officers in New Mexico. That is $30.10 an hour or $5,218 a month.
- Hourly
- $30.10
- Vs. national median
- -18%
- Rank among states
- 45 of 51
- Jobs in the state
- 1,140
Pay range
Lowest 10%: $27,700Median: $62,610Highest 10%: $123,000
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $27,700 | $13.32 | |
| 25th | $48,040 | $23.10 | |
| Median | $62,610 | $30.10 | |
| 75th | $90,040 | $43.29 | |
| 90th | $123,000 | $59.12 |
Cities in New Mexico
Metro areas, median yearly pay.
| Albuquerque, NM | $62,250 |
| Las Cruces, NM | $61,110 |
| Farmington, NM | $58,740 |
| Santa Fe, NM | $52,960 |
Nearby in the ranking
States with similar pay for loan officers.
| 42. Hawaii | $63,740 |
| 43. South Carolina | $63,220 |
| 44. Tennessee | $62,800 |
| 45. New Mexico | $62,610 |
| 46. Arizona | $62,160 |
| 47. Kentucky | $62,090 |
| 48. Louisiana | $61,110 |
Frequently asked questions
How much does a loan officer make an hour in New Mexico?
The median hourly pay in New Mexico is $30.10 ($62,610 a year).
Do loan officers make more in New Mexico than the national average?
No: $62,610 against $76,690 nationally, 18% less.
Where does New Mexico rank for loan officer pay?
New Mexico ranks 45 of 51 states.
Which city in New Mexico pays loan officers the most?
Albuquerque, NM, with a median of $62,250 a year.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.