FinanceOfficial Payroll Survey · 99/1000–2 years
Entry Level Loan Officer Salary in New York
2026 · Recent graduates and professionals with under 2 years of experience.
$68,406/yr
Typical range: $61,178 – $80,920
P10–P25 · BLS OEWS employer payroll data
Loan Officer salary by experience level in New York
Loan Officer Salary Progression in New York
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 | $68,406 | $5,701 | — |
| Junior | 2 yrs | 2 yrs | $88,266 | $7,356 | +29% |
| Mid-Level | 4 yrs | 4 yrs | $102,977 | $8,581 | +51% |
| Senior | 6 yrs | 6 yrs | $124,014 | $10,335 | +81% |
| Staff | 10 yrs | 10 yrs | $178,739 | $14,895 | +161% |
| Principal | 14 yrs | 14 yrs | $243,174 | $20,265 | +255% |
| Distinguished | 18 yrs | 18 yrs | $259,283 | $21,607 | +279% |
Current Salary
$68,406
Entry Level · 0–2 years
Hourly: $33/hr
Next Level Target
$88,266
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 New York, NY?
Entry Level Loan Officers in New York, NY 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 New York, NY?
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 New York, NY?
The typical progression takes 4–6 years with consistent skill development, project leadership, and strategic job moves. A senior Loan Officer in New York, NY earns $150K–$199K/yr.