How much does a Loan Officer I make in Akron, OH?
As of April 01, 2025, the average annual salary for a Loan Officer I in Akron, OH is $50,100. Salary.com reports that pay typically ranges from $44,110 to $55,170, with most professionals earning between $38,656 and $59,786.
How much does a Loan Officer I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Officer I salary data based on specialized databases to help you get a fairer salary.
Click the switch button below to see more details about Loan Officer I hourly pay, weekly pay, monthly pay and so on.
Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$55,170 |
$4,598 |
$1,061 |
$27 |
Average |
$50,100 |
$4,175 |
$963 |
$24 |
25th Percentile |
$44,110 |
$3,676 |
$848 |
$21 |
How Does Experience Level Affect a Loan Officer I's Salary?
An entry-level Loan Officer I with under 1 year experience makes about $48,134.
With less than 2 years of experience, a mid-level Loan Officer I makes around $48,313.
After 2-4 years, the Loan Officer I pay rises to about $48,581.
Those senior Loan Officer I with 5-8 years of experience earn roughly $49,476, and those Loan Officer I having 8 years or more experience are expected to earn about $50,480 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$48,134
|
Intermediate Level Loan Officer I
|
$48,313
|
Senior Level Loan Officer I
|
$48,581
|
Specialist Level Loan Officer I
|
$49,476
|
Expert Level Loan Officer I
|
$50,480
|
$48,134
0 yr
$48,313
< 2 yrs
$48,581
2-4 yrs
$49,476
5-8 yrs
$50,480
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
4%
|
Mid Level
|
4%
|
Senior Level
|
3%
|
Top Level
|
1%
|
Experienced
|
1%
|
View as graph
View as table
Last Updated on April 01, 2025