How much does a Residential Mortgage Officer I make in Los Angeles, CA?
As of March 01, 2025, the average annual salary for a Residential Mortgage Officer I in Los Angeles, CA is $55,850. Salary.com reports that pay typically ranges from $47,980 to $65,080, with most professionals earning between $40,815 and $73,483.
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 March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$65,080 |
$5,423 |
$1,252 |
$31 |
Average |
$55,850 |
$4,654 |
$1,074 |
$27 |
25th Percentile |
$47,980 |
$3,998 |
$923 |
$23 |
Last Updated on March 01, 2025
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 $53,982.
With less than 2 years of experience, a mid-level Residential Mortgage Officer I makes around $54,911.
After 2-4 years, the Residential Mortgage Officer I pay rises to about $56,775.
Those senior Residential Mortgage Officer I with 5-8 years of experience earn roughly $57,863, and those Residential Mortgage Officer I having 8 years or more experience are expected to earn about $58,135 on average.
Levels |
Salary |
Entry Level Residential Mortgage Officer I
|
$53,982
|
Intermediate Level Residential Mortgage Officer I
|
$54,911
|
Senior Level Residential Mortgage Officer I
|
$56,775
|
Specialist Level Residential Mortgage Officer I
|
$57,863
|
Expert Level Residential Mortgage Officer I
|
$58,135
|
$53,982
0 yr
$54,911
< 2 yrs
$56,775
2-4 yrs
$57,863
5-8 yrs
$58,135
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
3%
|
Mid Level
|
2%
|
Senior Level
|
2%
|
Top Level
|
4%
|
Experienced
|
4%
|
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Last Updated on March 01, 2025