Entry-level Loan Officer salary in New York, NY
Based on 18 certified H-1B filings at DOL wage level I in the New York-Newark-Jersey City, NY-NJ metro area, FY2025–FY2026. Includes Fort Lee, Clifton, Flushing, Jersey City.
Salary range
| Percentile | Salary |
|---|---|
| 10th | $53,993 |
| 25th | $59,175 |
| 50th (median) | $60,580 |
| 75th | $66,887 |
| 90th | $72,620 |
Cost of living
New York's median entry-level Loan Officer salary of $60,580 is worth about $53,800 at national average prices.
Source: BEA Regional Price Parities, 2024 (U.S. = 100; New York = 112.6).
Compared with all workers here
All Loan Officers in the New York, NY area earned a median of $101,570 in May 2025 (10,350 employed). The H-1B median here is $60,580, 40% lower.
Source: U.S. Bureau of Labor Statistics, OEWS metropolitan area estimates. BLS wages include some incentive pay; H-1B figures are base salary.
Employers filing at this level
| Employer | Median | Filings |
|---|---|---|
| Woori America Bank | too few | 3 |
| Biz2Credit | too few | 2 |
| Premium Merchant Funding 18 | too few | 2 |
Employers with at least 2 filings here. Median shown at 10+ filings.
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Entry-level · Level I | $60,580 | 18 |
| Mid-level · Level II | too few | 2 |
| Senior · Level III | – | 0 |
| Expert · Level IV | – | 0 |
Median shown when a level has at least 10 filings.
Minimum H-1B salary by level
| Wage level | Prevailing wage (most common) | Median offered salary | Filings |
|---|---|---|---|
| Entry-level · Level I | $53,976 | $60,580 | 18 |
The prevailing wage is the minimum an employer must pay for this job and area. Amounts vary by county within a metro and by wage source.