How much does a loan officer make in Springfield?
$89,480a year
Median yearly pay for loan officers in the Springfield, MA metro area. That is $43.02 an hour or $7,457 a month.
- Hourly
- $43.02
- Vs. national median
- +17%
- Rank among cities
- 40 of 383
- Jobs in the area
- 150
Pay range
Lowest 10%: $58,670Median: $89,480Highest 10%: $168,700
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $58,670 | $28.21 | |
| 25th | $73,040 | $35.12 | |
| Median | $89,480 | $43.02 | |
| 75th | $125,500 | $60.35 | |
| 90th | $168,700 | $81.08 |
Other cities in Massachusetts
Median yearly pay for loan officers.
| Boston, MA | $103,400 |
| Amherst Town, MA | $96,540 |
| Barnstable Town, MA | $96,080 |
| Pittsfield, MA | $94,920 |
| Worcester, MA | $94,220 |
| Providence, RI | $78,500 |
Related jobs in Springfield
Same field, median yearly pay.
| Personal Financial Advisor | $127,900 |
| Insurance Underwriter | $115,400 |
| Tax Examiner and Collector | $107,700 |
| Management Analyst | $107,200 |
| Financial and Investment Analyst | $103,200 |
| Project Management Specialist | $94,880 |
| Labor Relations Specialist | $93,550 |
| Accountant and Auditor | $92,010 |
| Claims Adjuster | $89,990 |
| Cost Estimator | $86,730 |
Frequently asked questions
How much does a loan officer make an hour in Springfield?
The median hourly pay in the Springfield, MA metro area is $43.02 ($89,480 a year).
Do loan officers make more in Springfield than the national average?
Yes: $89,480 against $76,690 nationally, 17% more.
How does Springfield compare with the rest of Massachusetts?
The median in Massachusetts is $101,600, so Springfield pays 12% less.
Where does Springfield rank for loan officer pay?
40 of 383 metro areas with data.
How much does a loan officer make starting out in Springfield?
The lowest-paid 10% make $58,670 or less a year; the top 10% make $168,700 or more.
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.