As of March 01, 2025, the average annual salary for a Loan Officer I in Alaska is $57,280. Salary.com reports that pay typically ranges from $50,430 to $63,080, with most professionals earning between $44,193 and $68,361.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $57,917 | $4,826 | $1,114 | $28 |
| Average | $52,595 | $4,383 | $1,011 | $25 |
| 25th Percentile | $46,305 | $3,859 | $890 | $22 |
An entry-level Loan Officer I with under 1 year experience makes about $55,032. With less than 2 years of experience, a mid-level Loan Officer I makes around $55,237. After 2-4 years, the Loan Officer I pay rises to about $55,543. Those senior Loan Officer I with 5-8 years of experience earn roughly $56,566, and those Loan Officer I having 8 years or more experience are expected to earn about $57,714 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Officer I | $55,032 |
| Intermediate Level Loan Officer I | $55,237 |
| Senior Level Loan Officer I | $55,543 |
| Specialist Level Loan Officer I | $56,566 |
| Expert Level Loan Officer I | $57,714 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 6% |
| Top Level | 8% |
| Experienced | 10% |
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Loan Officer I salary varies from city to city. Compared with national average salary of Loan Officer I, the highest Loan Officer I salary is in San Francisco, CA, where the Loan Officer I salary is 25.0% above. The lowest Loan Officer I salary is in Miami, FL, where the Loan Officer I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $65,750 |
25.0%
|
| Washington, DC | $58,540 |
11.3%
|
| Miami, FL | $50,760 |
|
| Chicago, IL | $55,180 |
4.9%
|
| Boston, MA | $58,960 |
12.1%
|
| New York, NY | $61,440 |
16.8%
|
