As of April 01, 2025, the average annual salary for a Residential Mortgage Officer I in Kentucky is $47,910. Salary.com reports that pay typically ranges from $41,670 to $52,240, with most professionals earning between $35,989 and $56,182.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $55,513 | $4,626 | $1,068 | $27 |
| Average | $50,904 | $4,242 | $979 | $24 |
| 25th Percentile | $44,274 | $3,690 | $851 | $21 |
An entry-level Residential Mortgage Officer I with under 1 year experience makes about $46,975. With less than 2 years of experience, a mid-level Residential Mortgage Officer I makes around $47,720. After 2-4 years, the Residential Mortgage Officer I pay rises to about $48,683. Those senior Residential Mortgage Officer I with 5-8 years of experience earn roughly $49,201, and those Residential Mortgage Officer I having 8 years or more experience are expected to earn about $49,331 on average.
| Levels | Salary |
|---|---|
| Entry Level Residential Mortgage Officer I | $46,975 |
| Intermediate Level Residential Mortgage Officer I | $47,720 |
| Senior Level Residential Mortgage Officer I | $48,683 |
| Specialist Level Residential Mortgage Officer I | $49,201 |
| Expert Level Residential Mortgage Officer I | $49,331 |
| Entry Level | 8% |
| Mid Level | 6% |
| Senior Level | 4% |
| Top Level | 3% |
| Experienced | 3% |
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Residential Mortgage Officer I salary varies from city to city. Compared with national average salary of Residential Mortgage Officer I, the highest Residential Mortgage Officer I salary is in San Francisco, CA, where the Residential Mortgage Officer I salary is 24.9% above. The lowest Residential Mortgage Officer I salary is in Miami, FL, where the Residential Mortgage Officer I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $63,580 |
24.9%
|
| Washington, DC | $56,370 |
10.7%
|
| Miami, FL | $48,910 |
|
| Chicago, IL | $52,610 |
3.3%
|
| Boston, MA | $56,780 |
11.5%
|
| New York, NY | $59,000 |
15.9%
|
