What is the salary range of Loan Officer I?
As of December 01, 2024, the average annual pay of Loan Officer I in El Paso, TX is $45,410. While Salary.com is seeing that Loan Officer I salary in El Paso, TX can go up to $54,962 or down to $36,202, but most earn between $40,590 and $50,410. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Officer I in the United States.
View Loan Officer I Salary by Hour, Week, Month, 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.
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Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$50,410 |
$4,201 |
$969 |
$24 |
Average |
$45,410 |
$3,784 |
$873 |
$22 |
25th Percentile |
$40,590 |
$3,383 |
$781 |
$20 |
Last Updated on December 01, 2024
View Loan Officer I Salary by Experience Levels
An entry-level Loan Officer I with under 1 year experience makes about $43,597.
With less than 2 years of experience, a mid-level Loan Officer I makes around $43,740.
After 2-4 years, the Loan Officer I pay rises to about $43,955.
Those senior Loan Officer I with 5-8 years of experience earn roughly $44,670, and those Loan Officer I having 8 years or more experience are expected to earn about $45,541 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$43,597
|
Intermediate Level Loan Officer I
|
$43,740
|
Senior Level Loan Officer I
|
$43,955
|
Specialist Level Loan Officer I
|
$44,670
|
Expert Level Loan Officer I
|
$45,541
|
$43,597
0 yr
$43,740
< 2 yrs
$43,955
2-4 yrs
$44,670
5-8 yrs
$45,541
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
4%
|
Mid Level
|
4%
|
Senior Level
|
3%
|
Top Level
|
2%
|
Experienced
|
0%
|
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Last Updated on December 01, 2024