How much does a Loan Officer III make in Salem, OR?
As of April 01, 2025, the average annual salary for a Loan Officer III in Salem, OR is $94,700. According to Salary.com, salaries can range from a low of $80,372 to a high of $114,760, with most professionals earning between $87,200 and $105,200.
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 April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$105,200 |
$8,767 |
$2,023 |
$51 |
Average |
$94,700 |
$7,892 |
$1,821 |
$46 |
25th Percentile |
$87,200 |
$7,267 |
$1,677 |
$42 |
Last Updated on April 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 $92,269.
With less than 2 years of experience, a mid-level Loan Officer III makes around $92,495.
After 2-4 years, the Loan Officer III pay rises to about $92,832.
Those senior Loan Officer III with 5-8 years of experience earn roughly $93,395, and those Loan Officer III having 8 years or more experience are expected to earn about $94,183 on average.
Levels |
Salary |
Entry Level Loan Officer III
|
$92,269
|
Intermediate Level Loan Officer III
|
$92,495
|
Senior Level Loan Officer III
|
$92,832
|
Specialist Level Loan Officer III
|
$93,395
|
Expert Level Loan Officer III
|
$94,183
|
$92,269
0 yr
$92,495
< 2 yrs
$92,832
2-4 yrs
$93,395
5-8 yrs
$94,183
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
3%
|
Mid Level
|
2%
|
Senior Level
|
2%
|
Top Level
|
1%
|
Experienced
|
1%
|
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Last Updated on April 01, 2025