How much does a Loan Officer I make in Virginia Beach, VA?
As of April 01, 2025, the average annual salary for a Loan Officer I in Virginia Beach, VA is $50,180. Salary.com reports that pay typically ranges from $44,860 to $55,700, with most professionals earning between $40,016 and $60,726.
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 |
$55,700 |
$4,642 |
$1,071 |
$27 |
Average |
$50,180 |
$4,182 |
$965 |
$24 |
25th Percentile |
$44,860 |
$3,738 |
$863 |
$22 |
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 $47,701.
With less than 2 years of experience, a mid-level Loan Officer I makes around $47,858.
After 2-4 years, the Loan Officer I pay rises to about $48,093.
Those senior Loan Officer I with 5-8 years of experience earn roughly $48,875, and those Loan Officer I having 8 years or more experience are expected to earn about $49,829 on average.
Levels |
Salary |
Entry Level Loan Officer I
|
$47,701
|
Intermediate Level Loan Officer I
|
$47,858
|
Senior Level Loan Officer I
|
$48,093
|
Specialist Level Loan Officer I
|
$48,875
|
Expert Level Loan Officer I
|
$49,829
|
$47,701
0 yr
$47,858
< 2 yrs
$48,093
2-4 yrs
$48,875
5-8 yrs
$49,829
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
5%
|
Mid Level
|
5%
|
Senior Level
|
4%
|
Top Level
|
3%
|
Experienced
|
1%
|
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Last Updated on April 01, 2025