How much does a Loan Officer I make in Erie, PA?
As of April 01, 2025, the average annual salary for a Loan Officer I in Erie, PA is $47,950. Salary.com reports that pay typically ranges from $42,870 to $53,230, with most professionals earning between $38,245 and $58,037.
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 |
$53,230 |
$4,436 |
$1,024 |
$26 |
Average |
$47,950 |
$3,996 |
$922 |
$23 |
25th Percentile |
$42,870 |
$3,573 |
$824 |
$21 |
Last Updated on April 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 $45,584.
With less than 2 years of experience, a mid-level Loan Officer I makes around $45,734.
After 2-4 years, the Loan Officer I pay rises to about $45,958.
Those senior Loan Officer I with 5-8 years of experience earn roughly $46,706, and those Loan Officer I having 8 years or more experience are expected to earn about $47,617 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$45,584
|
Intermediate Level Loan Officer I
|
$45,734
|
Senior Level Loan Officer I
|
$45,958
|
Specialist Level Loan Officer I
|
$46,706
|
Expert Level Loan Officer I
|
$47,617
|
$45,584
0 yr
$45,734
< 2 yrs
$45,958
2-4 yrs
$46,706
5-8 yrs
$47,617
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
5%
|
Mid Level
|
5%
|
Senior Level
|
4%
|
Top Level
|
3%
|
Experienced
|
1%
|
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Last Updated on April 01, 2025