How much does a Loan Officer I make in Toledo, OH?
As of March 01, 2025, the average annual salary for a Loan Officer I in Toledo, OH is $50,750. Salary.com reports that pay typically ranges from $45,370 to $56,340, with most professionals earning between $40,472 and $61,429.
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 March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$56,340 |
$4,695 |
$1,083 |
$27 |
Average |
$50,750 |
$4,229 |
$976 |
$24 |
25th Percentile |
$45,370 |
$3,781 |
$873 |
$22 |
Last Updated on March 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 $48,352.
With less than 2 years of experience, a mid-level Loan Officer I makes around $48,511.
After 2-4 years, the Loan Officer I pay rises to about $48,749.
Those senior Loan Officer I with 5-8 years of experience earn roughly $49,542, and those Loan Officer I having 8 years or more experience are expected to earn about $50,508 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$48,352
|
Intermediate Level Loan Officer I
|
$48,511
|
Senior Level Loan Officer I
|
$48,749
|
Specialist Level Loan Officer I
|
$49,542
|
Expert Level Loan Officer I
|
$50,508
|
$48,352
0 yr
$48,511
< 2 yrs
$48,749
2-4 yrs
$49,542
5-8 yrs
$50,508
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
5%
|
Mid Level
|
4%
|
Senior Level
|
4%
|
Top Level
|
2%
|
Experienced
|
0%
|
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Last Updated on March 01, 2025