upper level job

How much does a Loan Officer I make in Roseau, MN? The average Loan Officer I salary in Roseau, MN is $51,200 as of May 28, 2024, but the range typically falls between $44,360 and $56,950. 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.

Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Officer I Salary $38,133 Roseau,MN May 28, 2024
25th Percentile Loan Officer I Salary $44,360 Roseau,MN May 28, 2024
50th Percentile Loan Officer I Salary $51,200 Roseau,MN May 28, 2024
75th Percentile Loan Officer I Salary $56,950 Roseau,MN May 28, 2024
90th Percentile Loan Officer I Salary $62,185 Roseau,MN May 28, 2024
25% $44,360 10% $38,133 90% $62,185 75% $56,950 $51,200 50%(Median) Didn’t find job title? Click
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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)

Employers: Job Description Management Tool

Job Openings for Loan Officer I in Roseau, MN
  • Job Title: Commercial Loan Officer. Job Location: Minneapolis, MN. Job Type:  Direct Hire - Onsite. Compensation: $140,000 - $150,000 (annually). with an e...
    - 1 Day Ago
  • Loan Officer (Member Advisor II) - Bemidji, MN. Job Category****:** Branch & Member Support **Requisition Number****:** LOANO02342 Showing 1 location **Job...
    - 4 Days Ago
  • Loan Officer II - Digital Lending (Hybrid: Remote/Bemidji, MN). Job Category****:** Branch & Member Support **Requisition Number****:** LOANO002612 Showing...
    - 4 Days Ago
  • We're Hiring Experienced or Entry Level Mortgage Loan Officers NOW. Mann Mortgage, a growing multi-state, community anchored, mortgage lending company dedi...
    - 3 Days Ago
  • Originates residential real estate loans for in-house and secondary markets. Increases loan portfolio by developing business contacts, attracting mortgage ...
    - 1 Day 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

 
 
 
44360
56950
51200

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44900
59450
52050
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 Roseau, MN. The base salary for Loan Officer I ranges from $44,360 to $56,950 with the average base salary of $51,200. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,900 to $59,450 with the average total cash compensation of $52,050.
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44360
56950

 

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About Roseau, Minnesota    Roseau is a city and county seat of Roseau County, Minnesota, United States. Its population was 2,633 at the 2010 census. According to the United Sta....More

Roseau, Minnesota  area prices were up 0.8% from a year ago    View the Cost of Living in Roseau, Minnesota

Loan Officer I Salary in popular cities: MinneapolisSaint PaulRochester

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