Consumer Loan Officer I Salary in Richmond, MN

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Consumer Loan Officer I Salary in Richmond, MN

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How much does a Consumer Loan Officer I make in Richmond, MN? (2025)

As of August 01, 2025, Consumer Loan Officer Is in Richmond, MN earn an average annual salary of $49,442 with an hourly rate of $24. Salary ranges from $45,160 (10th percentile) to $61,163 (90th percentile), with the majority earning between $47,201 (25th percentile) and $55,577 (75th percentile). Compensation varies based on experience, skills, company size, and local market factors - all explored below.

Compensation Planning Develop a Job description Pay Equity Comp Planning 2025 Salary Benchmarking
Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $47,201 10% $45,160 90% $61,163 75% $55,577 $49,442 50%(Median) Didn’t find job title? Click
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Consumer Loan Officer I Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $55,577 $4,631 $1,069 $27
Average $49,442 $4,120 $951 $24
25th Percentile $47,201 $3,933 $908 $23
500+ Consumer Loan Officer I job openings Go >
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Loan Officer

Caliver Beach Mortgage - Brooklyn Park, MN

Mortgage Loan Officer

Fish Window Cleaning Services, Inc - Edina, MN

Commercial Loan Officer

Fish Window Cleaning Services, Inc - Edina, MN

Associate Partner / Junior Loan Officer

CMG Financial - Woodbury, MN

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Consumer Loan Officer II Consumer Loan Officer III Consumer Loan Collection Supervisor I Loan Review Officer I Commercial Loan Officer I Consumer Loan Collector I Mortgage Loan Officer I Loan Processor I Commercial Real Estate Loan Officer I
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Banking Entry Level Financial Services
Cost of Living
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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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2025
$47,201
Average $49,442/year
$55,577
$3,933
Average $4,120/month
$4,631
$908
Average $951/week
$1,069
$23
Average $24/hour
$27
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $55,577 $4,631 $1,069 $27
Average $49,442 $4,120 $951 $24
25th Percentile $47,201 $3,933 $908 $23

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 $49,275. With less than 2 years of experience, a mid-level Consumer Loan Officer I makes around $50,083. After 2-4 years, the Consumer Loan Officer I pay rises to about $50,999. Those senior Consumer Loan Officer I with 5-8 years of experience earn roughly $51,273, and those Consumer Loan Officer I having 8 years or more experience are expected to earn about $51,456 on average.

Levels Salary
Entry Level Consumer Loan Officer I $49,275
Intermediate Level Consumer Loan Officer I $50,083
Senior Level Consumer Loan Officer I $50,999
Specialist Level Consumer Loan Officer I $51,273
Expert Level Consumer Loan Officer I $51,456
$49,275 0 yr
$50,083 < 2 yrs
$50,999 2-4 yrs
$51,273 5-8 yrs
$51,456 > 8 yrs
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