Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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          Wages for Loan Officers in NEW MEXICO

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          Location Pay
          Period          		 2025
          10% 25% Median 75% 90%
          United States Hourly $18.96 $25.35 $36.87 $50.04 $73.65
          Yearly $39,430 $52,730 $76,690 $104,080 $153,180
          New Mexico Hourly $13.32 $23.09 $30.10 $43.29 $59.11
          Yearly $27,700 $48,040 $62,610 $90,040 $122,960
          Albuquerque, NM Metro Area Hourly $12.62 $22.67 $29.93 $40.33 $50.24
          Yearly $26,240 $47,160 $62,250 $83,880 $104,500
          Farmington, NM Metro Area Hourly $17.62 $20.94 $28.24 $37.21 $48.28
          Yearly $36,640 $43,540 $58,740 $77,400 $100,420
          Northern New Mexico Balance of State Hourly $17.84 $23.28 $31.67 $38.80 $61.60
          Yearly $37,100 $48,420 $65,870 $80,700 $128,120
          Santa Fe, NM Metro Area Hourly $13.31 $22.94 $25.46 $44.25 $56.87
          Yearly $27,690 $47,720 $52,960 $92,040 $118,300
          Las Cruces, NM Metro Area Hourly $17.25 $21.82 $29.38 $40.81 $45.72
          Yearly $35,880 $45,390 $61,110 $84,890 $95,090
          Eastern New Mexico Balance of State Hourly $22.07 $27.98 $36.13 $47.89 $65.28
          Yearly $45,900 $58,190 $75,150 $99,620 $135,780