How much does a Loan Officer III make in Providence, RI?
As of March 01, 2025, the average annual salary for a Loan Officer III in Providence, RI is $98,800. According to Salary.com, salaries can range from a low of $83,707 to a high of $119,815, with most professionals earning between $90,900 and $109,800.
How much does a Loan Officer III make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Officer III salary data based on specialized databases to help you get a fairer salary.
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Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$109,800 |
$9,150 |
$2,112 |
$53 |
Average |
$98,800 |
$8,233 |
$1,900 |
$48 |
25th Percentile |
$90,900 |
$7,575 |
$1,748 |
$44 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Officer III's Salary?
An entry-level Loan Officer III with under 1 year experience makes about $96,232.
With less than 2 years of experience, a mid-level Loan Officer III makes around $96,467.
After 2-4 years, the Loan Officer III pay rises to about $96,820.
Those senior Loan Officer III with 5-8 years of experience earn roughly $97,407, and those Loan Officer III having 8 years or more experience are expected to earn about $98,229 on average.
Levels |
Salary |
Entry Level Loan Officer III
|
$96,232
|
Intermediate Level Loan Officer III
|
$96,467
|
Senior Level Loan Officer III
|
$96,820
|
Specialist Level Loan Officer III
|
$97,407
|
Expert Level Loan Officer III
|
$98,229
|
$96,232
0 yr
$96,467
< 2 yrs
$96,820
2-4 yrs
$97,407
5-8 yrs
$98,229
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
3%
|
Mid Level
|
2%
|
Senior Level
|
2%
|
Top Level
|
1%
|
Experienced
|
1%
|
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Last Updated on March 01, 2025