As of December 01, 2024, the average annual pay of Loan Officer I in TN is $48,280. While Salary.com is seeing that Loan Officer I salary in TN can go up to $58,424 or down to $38,479, but most earn between $43,150 and $53,590. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Officer I in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $57,868 | $4,822 | $1,113 | $28 |
| Average | $52,130 | $4,344 | $1,002 | $25 |
| 25th Percentile | $46,592 | $3,883 | $896 | $22 |
An entry-level Loan Officer I with under 1 year experience makes about $46,350. With less than 2 years of experience, a mid-level Loan Officer I makes around $46,502. After 2-4 years, the Loan Officer I pay rises to about $46,730. Those senior Loan Officer I with 5-8 years of experience earn roughly $47,490, and those Loan Officer I having 8 years or more experience are expected to earn about $48,417 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Officer I | $46,350 |
| Intermediate Level Loan Officer I | $46,502 |
| Senior Level Loan Officer I | $46,730 |
| Specialist Level Loan Officer I | $47,490 |
| Expert Level Loan Officer I | $48,417 |
| Entry Level | 11% |
| Mid Level | 11% |
| Senior Level | 10% |
| Top Level | 9% |
| Experienced | 7% |
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 25.0% above. The lowest Loan Officer I salary is in Miami, FL, where the Loan Officer I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $65,170 |
25.0%
|
| Washington, DC | $58,030 |
11.3%
|
| Miami, FL | $50,310 |
|
| Chicago, IL | $54,690 |
4.9%
|
| Boston, MA | $58,440 |
12.1%
|
| New York, NY | $60,890 |
16.8%
|
