Loan Officers in New York-Newark-Jersey City, NY-NJ
Employers filed 12 applications covering 12 positions for this role here, at a median of $70,000 a year. 10 of those state a minimum and no maximum — a Labor Condition Application commits an employer to a floor, not to a salary.
What the government requires here
The prevailing wage for Loan Officers in New York-Newark-Jersey City, NY-NJ, wage year 2025-26 — the four levels an employer must meet depending on the experience the role demands.
| Level | Who it is for | A year |
|---|---|---|
| Level I | Entry: a role needing basic understanding and close supervision | $60,008 |
| Level II | Qualified: some experience, moderate supervision | $92,560 |
| Level III | Experienced: sound understanding, limited supervision | $125,112 |
| Level IV | Fully competent: judgement, may supervise others | $157,664 |
Who filed, and at what
| Employer | Level | Filings | Positions | Median |
|---|---|---|---|---|
| Biz2Credit, Inc. | Level I | 2 | 2 | $69,000 |
| Premium Merchant Funding 18 LLC | Level I | 2 | 2 | $61,100 |
| China Merchants Bank Co. Ltd. | Level I | 1 | 1 | $95,000 |
| Citibank, N.A. | Level II | 1 | 1 | $134,500 |
| ING Financial Services, LLC | Level IV | 1 | 1 | $215,000 |
| MENUSIFU, INC. | Level I | 1 | 1 | $70,000 |
| RDM Capital Funding, LLC | Level I | 1 | 1 | $60,008 |
| SG Americas Operational Services, LLC | Level III | 1 | 1 | $205,500 |
| SUMITOMO MITSUI BANKING CORPORATION | Level I | 1 | 1 | $60,008 |
| Summit Mortgage Bankers, Inc. | Level I | 1 | 1 | $61,714 |
Tell me when this moves
One email when the prevailing wage for Loan Officers in New York-Newark-Jersey City, NY-NJ changes — the library turns over every July, and what an employer must offer changes with it.
Source: OFLC disclosure data and prevailing wage library, US Department of Labor (public domain). Figures are what employers filed, not what they paid.