As of April 01, 2025, the average annual salary for a Loan Officer I in New York is $55,980. Salary.com reports that pay typically ranges from $50,040 to $62,140, with most professionals earning between $44,632 and $67,748.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $58,442 | $4,870 | $1,124 | $28 |
| Average | $52,650 | $4,387 | $1,012 | $25 |
| 25th Percentile | $47,067 | $3,922 | $905 | $23 |
An entry-level Loan Officer I with under 1 year experience makes about $53,212. With less than 2 years of experience, a mid-level Loan Officer I makes around $53,387. After 2-4 years, the Loan Officer I pay rises to about $53,649. Those senior Loan Officer I with 5-8 years of experience earn roughly $54,521, and those Loan Officer I having 8 years or more experience are expected to earn about $55,585 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Officer I | $53,212 |
| Intermediate Level Loan Officer I | $53,387 |
| Senior Level Loan Officer I | $53,649 |
| Specialist Level Loan Officer I | $54,521 |
| Expert Level Loan Officer I | $55,585 |
| Entry Level | 1% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 4% |
| Experienced | 6% |
Not the salary data you are looking for? Choose the state salary you want to see.
What Am I Worth?
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Loan Officer I information for you to search for. Click on search button below to see Loan Officer I job openings or enter a new job title here.
Loan Officer I salary varies from city to city. Compared with national average salary of Loan Officer I, the highest Loan Officer I salary is in San Francisco, CA, where the Loan Officer I salary is 24.9% above. The lowest Loan Officer I salary is in Miami, FL, where the Loan Officer I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $65,760 |
24.9%
|
| Washington, DC | $58,300 |
10.7%
|
| Miami, FL | $50,590 |
|
| Chicago, IL | $54,410 |
3.3%
|
| Boston, MA | $58,730 |
11.5%
|
| New York, NY | $61,020 |
15.9%
|
