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Loan Officer I Salary in Mansfield, Illinois

Loan Officer I Salary in Mansfield, IL

How much does a Loan Officer I make in Mansfield, IL? The average Loan Officer I salary in Mansfield, IL is $53,470 as of May 28, 2024, but the range typically falls between $46,330 and $59,480. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Officer I Salary $39,829 Mansfield,IL May 28, 2024
25th Percentile Loan Officer I Salary $46,330 Mansfield,IL May 28, 2024
50th Percentile Loan Officer I Salary $53,470 Mansfield,IL May 28, 2024
75th Percentile Loan Officer I Salary $59,480 Mansfield,IL May 28, 2024
90th Percentile Loan Officer I Salary $64,952 Mansfield,IL May 28, 2024
25% $46,330 10% $39,829 90% $64,952 75% $59,480 $53,470 50%(Median) Didn’t find job title? Click
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Check out Loan Officer Job Openings in Mansfield, Illinois

Loan Officer

Albany Bank - Chicago, IL

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Mortgage Loan Officer

State Bank of Graymont - Pontiac, IL

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Agricultural Loan Officer

Frontline Recruit Inc. - Sterling, IL

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Mortgage Loan Officer

Primary Residential Mortgage - Schaumburg, IL

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Job Description

The Loan Officer I is responsible for approving complex loans and supporting credit team with structuring and pricing simpler loans. Oversees lending activity for a market vertical and/or geographic area. Being a Loan Officer I requires a bachelor's degree of finance or related field. Assess risk and ensures adherence to bank credit policies and procedures. In addition, Loan Officer I typically reports to top management. Loan Officer I is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as a Loan Officer I typically requires 7+ years of related experience. (Copyright 2024 Salary.com)

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Job Openings for Loan Officer I in Mansfield, IL
  • Albany Bank - Chicago, IL
    Seeking motivated professional with strong credit skills willingness to manage a portfolio of existing loans and do new business development. Position woul...
    - 4 Days Ago
  • State Bank of Graymont - Pontiac, IL
    Company Description. State Bank of Graymont is a banking company based out of Graymont, IL with locations in Pontiac, Chenoa and Saunemin, IL. State Bank o...
    - 2 Days Ago
  • Frontline Recruit Inc. - Sterling, IL
    Our client bank is seeking a great Ag Lender to join their organization and take over an existing portfolio. Qualified candidates will have a minimum of 10...
    - 2 Days Ago
  • Primary Residential Mortgage - Schaumburg, IL
    Primary Residential Mortgage, Inc. (PRMI) is expanding its operations in Illinois and seeks a Mortgage Loan Officer, to develop and accelerate this growth....
    - 2 Days Ago
  • Royal Business Bank - Chicago, IL
    JOB SUMMARY. Responsible for soliciting, negotiating, underwriting and coordinating the closing of mortgage loans in compliance with the Bank’s lending pol...
    - 2 Days Ago

Career Path for this job

  1. This Job:

    Loan Officer I

    0 - 2 years experience
    Bachelor's Degree

  2. Up a level:

    Intermediate Lending Officer

    2 - 4 years experience
    Bachelor's Degree

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Understand the total compensation opportunity for a Loan Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
46330
59480
53470

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
46890
62090
54360
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Officer I in Mansfield, IL. The base salary for Loan Officer I ranges from $46,330 to $59,480 with the average base salary of $53,470. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,890 to $62,090 with the average total cash compensation of $54,360.
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46330
59480

 

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About Mansfield, Illinois    Mansfield is a village in Piatt County, Illinois in the United States. The population was 949 at the 2000 census. Mansfield is located at 40°12′46″N 8....More

Mansfield, Illinois  area prices were up 1.3% from a year ago    View the Cost of Living in Mansfield, Illinois

Loan Officer I Salary in popular cities: Chicago, Aurora, Rockford

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