How much does a Loan Officer I make in Santa Fe, NM?
As of April 01, 2025, the average annual salary for a Loan Officer I in Santa Fe, NM is $49,710. Salary.com reports that pay typically ranges from $43,760 to $54,740, with most professionals earning between $38,343 and $59,320.
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.
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Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$54,740 |
$4,562 |
$1,053 |
$26 |
Average |
$49,710 |
$4,143 |
$956 |
$24 |
25th Percentile |
$43,760 |
$3,647 |
$842 |
$21 |
Last Updated on April 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 $47,755.
With less than 2 years of experience, a mid-level Loan Officer I makes around $47,933.
After 2-4 years, the Loan Officer I pay rises to about $48,199.
Those senior Loan Officer I with 5-8 years of experience earn roughly $49,086, and those Loan Officer I having 8 years or more experience are expected to earn about $50,082 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$47,755
|
Intermediate Level Loan Officer I
|
$47,933
|
Senior Level Loan Officer I
|
$48,199
|
Specialist Level Loan Officer I
|
$49,086
|
Expert Level Loan Officer I
|
$50,082
|
$47,755
0 yr
$47,933
< 2 yrs
$48,199
2-4 yrs
$49,086
5-8 yrs
$50,082
> 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