As of April 01, 2025, the average annual salary for a Consumer Loan Officer I in Lowell, MA is $49,724. Salary.com reports that pay typically ranges from $47,957 to $54,244, with most professionals earning between $46,348 and $58,359.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $50,403 | $4,200 | $969 | $24 |
| Average | $46,203 | $3,850 | $889 | $22 |
| 25th Percentile | $44,561 | $3,713 | $857 | $21 |
An entry-level Consumer Loan Officer I with under 1 year experience makes about $49,592. With less than 2 years of experience, a mid-level Consumer Loan Officer I makes around $50,196. After 2-4 years, the Consumer Loan Officer I pay rises to about $50,871. Those senior Consumer Loan Officer I with 5-8 years of experience earn roughly $51,073, and those Consumer Loan Officer I having 8 years or more experience are expected to earn about $51,208 on average.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Officer I | $49,592 |
| Intermediate Level Consumer Loan Officer I | $50,196 |
| Senior Level Consumer Loan Officer I | $50,871 |
| Specialist Level Consumer Loan Officer I | $51,073 |
| Expert Level Consumer Loan Officer I | $51,208 |
| Entry Level | 7% |
| Mid Level | 9% |
| Senior Level | 10% |
| Top Level | 11% |
| Experienced | 11% |
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