How much does a Residential Mortgage Officer I make in RI?
As of March 01, 2025, the average annual salary for a Residential Mortgage Officer I in Rhode Island is $52,340. Salary.com reports that pay typically ranges from $44,960 to $60,990, with most professionals earning between $38,241 and $68,865.
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 |
$58,414 |
$4,868 |
$1,123 |
$28 |
Average |
$50,131 |
$4,178 |
$964 |
$24 |
25th Percentile |
$43,061 |
$3,588 |
$828 |
$21 |
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 $50,590.
With less than 2 years of experience, a mid-level Residential Mortgage Officer I makes around $51,460.
After 2-4 years, the Residential Mortgage Officer I pay rises to about $53,208.
Those senior Residential Mortgage Officer I with 5-8 years of experience earn roughly $54,227, and those Residential Mortgage Officer I having 8 years or more experience are expected to earn about $54,482 on average.
Levels |
Salary |
Entry Level Residential Mortgage Officer I
|
$50,590
|
Intermediate Level Residential Mortgage Officer I
|
$51,460
|
Senior Level Residential Mortgage Officer I
|
$53,208
|
Specialist Level Residential Mortgage Officer I
|
$54,227
|
Expert Level Residential Mortgage Officer I
|
$54,482
|
$50,590
0 yr
$51,460
< 2 yrs
$53,208
2-4 yrs
$54,227
5-8 yrs
$54,482
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
1%
|
Mid Level
|
3%
|
Senior Level
|
6%
|
Top Level
|
8%
|
Experienced
|
9%
|
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Last Updated on March 01, 2025
View Residential Mortgage Officer I Pay Difference by Location
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 25.0% above.
The lowest Residential Mortgage Officer I salary is in Miami, FL, where the Residential Mortgage Officer I salary is 3.5% lower than national average salary.
City, State |
Price |
Compared to national average |
San Francisco, CA
|
$62,670 |
|
Washington, DC
|
$55,800 |
|
Miami, FL
|
$48,380 |
|
Chicago, IL
|
$52,590 |
|
Boston, MA
|
$56,200 |
|
New York, NY
|
$58,560 |
|