FinanceOfficial Payroll Survey · 99/1000–2 years
Entry Level Loan Officer Salary in Boston
2026 · Recent graduates and professionals with under 2 years of experience.
$67,823/yr
Typical range: $60,656 – $80,230
P10–P25 · BLS OEWS employer payroll data
Loan Officer salary by experience level in Boston
Loan Officer Salary Progression in Boston
From entry-level through staff — based on BLS OEWS percentile data
| Experience Level | Years | Percentile | Annual Salary | Monthly | vs Entry |
|---|---|---|---|---|---|
| EntryThis page | 0 yrs | 0 yrs | $67,823 | $5,652 | — |
| Junior | 2 yrs | 2 yrs | $87,514 | $7,293 | +29% |
| Mid-Level | 4 yrs | 4 yrs | $102,099 | $8,508 | +51% |
| Senior | 6 yrs | 6 yrs | $122,957 | $10,246 | +81% |
| Staff | 10 yrs | 10 yrs | $177,215 | $14,768 | +161% |
| Principal | 14 yrs | 14 yrs | $241,100 | $20,092 | +255% |
| Distinguished | 18 yrs | 18 yrs | $257,071 | $21,423 | +279% |
Current Salary
$67,823
Entry Level · 0–2 years
Hourly: $33/hr
Next Level Target
$87,514
Junior · 2
+$20Kpotential uplift
Career Opportunity
16/100
High Risk
+6% demand · Moderate AI risk
Frequently Asked Questions
What is the entry level Loan Officer salary in Boston, MA?
Entry Level Loan Officers in Boston, MA earn approximately $68K per year (2026). This corresponds to the P10–P25 range of BLS OEWS employer payroll data.
How much does a entry level Loan Officer make per hour in Boston, MA?
Based on $68K annually, the hourly rate is approximately $33/hr (2,080-hour work year).
How do I get from entry level to senior Loan Officer in Boston, MA?
The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Loan Officer in Boston, MA earns $149K–$197K/yr.