How much does a Loan Officer I make in Mobile, AL?
As of March 01, 2025, the average annual salary for a Loan Officer I in Mobile, AL is $48,390. Salary.com reports that pay typically ranges from $43,250 to $53,720, with most professionals earning between $38,570 and $58,573.
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 |
$53,720 |
$4,477 |
$1,033 |
$26 |
Average |
$48,390 |
$4,033 |
$931 |
$23 |
25th Percentile |
$43,250 |
$3,604 |
$832 |
$21 |
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 $46,100.
With less than 2 years of experience, a mid-level Loan Officer I makes around $46,251.
After 2-4 years, the Loan Officer I pay rises to about $46,478.
Those senior Loan Officer I with 5-8 years of experience earn roughly $47,234, and those Loan Officer I having 8 years or more experience are expected to earn about $48,156 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$46,100
|
Intermediate Level Loan Officer I
|
$46,251
|
Senior Level Loan Officer I
|
$46,478
|
Specialist Level Loan Officer I
|
$47,234
|
Expert Level Loan Officer I
|
$48,156
|
$46,100
0 yr
$46,251
< 2 yrs
$46,478
2-4 yrs
$47,234
5-8 yrs
$48,156
> 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