How much does a Loan Officer I make in Provo, UT?
As of April 01, 2025, the average annual salary for a Loan Officer I in Provo, UT is $49,000. Salary.com reports that pay typically ranges from $43,140 to $53,950, with most professionals earning between $37,805 and $58,457.
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 |
$53,950 |
$4,496 |
$1,038 |
$26 |
Average |
$49,000 |
$4,083 |
$942 |
$24 |
25th Percentile |
$43,140 |
$3,595 |
$830 |
$21 |
How Does Experience Level Affect a Loan Officer I's Salary?
An entry-level Loan Officer I with under 1 year experience makes about $47,073.
With less than 2 years of experience, a mid-level Loan Officer I makes around $47,248.
After 2-4 years, the Loan Officer I pay rises to about $47,510.
Those senior Loan Officer I with 5-8 years of experience earn roughly $48,385, and those Loan Officer I having 8 years or more experience are expected to earn about $49,367 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$47,073
|
Intermediate Level Loan Officer I
|
$47,248
|
Senior Level Loan Officer I
|
$47,510
|
Specialist Level Loan Officer I
|
$48,385
|
Expert Level Loan Officer I
|
$49,367
|
$47,073
0 yr
$47,248
< 2 yrs
$47,510
2-4 yrs
$48,385
5-8 yrs
$49,367
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
4%
|
Mid Level
|
4%
|
Senior Level
|
3%
|
Top Level
|
1%
|
Experienced
|
1%
|
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Last Updated on April 01, 2025