How much does a Residential Mortgage Officer I make in Boston, MA?
As of May 01, 2025, the average annual salary for a Residential Mortgage Officer I in Boston, MA is $56,780. Salary.com reports that pay typically ranges from $49,380 to $61,920, with most professionals earning between $42,643 and $66,600.
How much does a Residential Mortgage Officer I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Residential Mortgage 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 Residential Mortgage Officer I hourly pay, weekly pay, monthly pay and so on.
Last Updated on May 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$61,920 |
$5,160 |
$1,191 |
$30 |
Average |
$56,780 |
$4,732 |
$1,092 |
$27 |
25th Percentile |
$49,380 |
$4,115 |
$950 |
$24 |
How Does Experience Level Affect a Residential Mortgage Officer I's Salary?
An entry-level Residential Mortgage Officer I with under 1 year experience makes about $55,676.
With less than 2 years of experience, a mid-level Residential Mortgage Officer I makes around $56,559.
After 2-4 years, the Residential Mortgage Officer I pay rises to about $57,701.
Those senior Residential Mortgage Officer I with 5-8 years of experience earn roughly $58,315, and those Residential Mortgage Officer I having 8 years or more experience are expected to earn about $58,468 on average.
Levels |
Salary |
Entry Level Residential Mortgage Officer I
|
$55,676
|
Intermediate Level Residential Mortgage Officer I
|
$56,559
|
Senior Level Residential Mortgage Officer I
|
$57,701
|
Specialist Level Residential Mortgage Officer I
|
$58,315
|
Expert Level Residential Mortgage Officer I
|
$58,468
|
$55,676
0 yr
$56,559
< 2 yrs
$57,701
2-4 yrs
$58,315
5-8 yrs
$58,468
> 8 yrs
Last Updated on May 01, 2025
Entry Level
|
2%
|
Mid Level
|
0%
|
Senior Level
|
2%
|
Top Level
|
3%
|
Experienced
|
3%
|
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Last Updated on May 01, 2025