How much does a Consumer Loan Officer I make in MD?
As of May 01, 2025, the average annual salary for a Consumer Loan Officer I in Maryland is $47,640. Salary.com reports that pay typically ranges from $45,947 to $51,971, with most professionals earning between $44,405 and $55,913.
How much does a Consumer Loan Officer I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Consumer Loan 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 Consumer Loan 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 |
$50,403 |
$4,200 |
$969 |
$24 |
Average |
$46,203 |
$3,850 |
$889 |
$22 |
25th Percentile |
$44,561 |
$3,713 |
$857 |
$21 |
How Does Experience Level Affect a Consumer Loan Officer I's Salary?
An entry-level Consumer Loan Officer I with under 1 year experience makes about $47,514.
With less than 2 years of experience, a mid-level Consumer Loan Officer I makes around $48,092.
After 2-4 years, the Consumer Loan Officer I pay rises to about $48,739.
Those senior Consumer Loan Officer I with 5-8 years of experience earn roughly $48,933, and those Consumer Loan Officer I having 8 years or more experience are expected to earn about $49,062 on average.
Levels |
Salary |
Entry Level Consumer Loan Officer I
|
$47,514
|
Intermediate Level Consumer Loan Officer I
|
$48,092
|
Senior Level Consumer Loan Officer I
|
$48,739
|
Specialist Level Consumer Loan Officer I
|
$48,933
|
Expert Level Consumer Loan Officer I
|
$49,062
|
$47,514
0 yr
$48,092
< 2 yrs
$48,739
2-4 yrs
$48,933
5-8 yrs
$49,062
> 8 yrs
Last Updated on May 01, 2025
Entry Level
|
3%
|
Mid Level
|
4%
|
Senior Level
|
5%
|
Top Level
|
6%
|
Experienced
|
6%
|
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Last Updated on May 01, 2025
View Consumer Loan Officer I Pay Difference by Location
Consumer Loan Officer I salary varies from city to city.
Compared with national average salary of Consumer Loan Officer I, the highest Consumer Loan Officer I salary is in San Francisco, CA, where the Consumer Loan Officer I salary is 24.9% above.
The lowest Consumer Loan Officer I salary is in Miami, FL, where the Consumer Loan Officer I salary is 3.9% lower than national average salary.
City, State |
Price |
Compared to national average |
San Francisco, CA
|
$57,703 |
|
Washington, DC
|
$51,156 |
|
Miami, FL
|
$44,392 |
|
Chicago, IL
|
$47,746 |
|
Boston, MA
|
$51,530 |
|
New York, NY
|
$53,545 |
|