How much does a Loan Officer I make in Austin, TX?
As of March 01, 2025, the average annual salary for a Loan Officer I in Austin, TX is $52,010. Salary.com reports that pay typically ranges from $46,500 to $57,740, with most professionals earning between $41,483 and $62,957.
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 March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$57,740 |
$4,812 |
$1,110 |
$28 |
Average |
$52,010 |
$4,334 |
$1,000 |
$25 |
25th Percentile |
$46,500 |
$3,875 |
$894 |
$22 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Officer I's Salary?
An entry-level Loan Officer I with under 1 year experience makes about $49,553.
With less than 2 years of experience, a mid-level Loan Officer I makes around $49,716.
After 2-4 years, the Loan Officer I pay rises to about $49,960.
Those senior Loan Officer I with 5-8 years of experience earn roughly $50,773, and those Loan Officer I having 8 years or more experience are expected to earn about $51,763 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$49,553
|
Intermediate Level Loan Officer I
|
$49,716
|
Senior Level Loan Officer I
|
$49,960
|
Specialist Level Loan Officer I
|
$50,773
|
Expert Level Loan Officer I
|
$51,763
|
$49,553
0 yr
$49,716
< 2 yrs
$49,960
2-4 yrs
$50,773
5-8 yrs
$51,763
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
5%
|
Mid Level
|
4%
|
Senior Level
|
4%
|
Top Level
|
2%
|
Experienced
|
0%
|
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Last Updated on March 01, 2025