As of March 01, 2025, the average annual salary for a Consumer Loan Officer I in Richmond, VA is $50,276. Salary.com reports that pay typically ranges from $44,833 to $55,433, with most professionals earning between $39,878 and $60,128.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $56,971 | $4,748 | $1,096 | $27 |
| Average | $51,671 | $4,306 | $994 | $25 |
| 25th Percentile | $46,077 | $3,840 | $886 | $22 |
An entry-level Consumer Loan Officer I with under 1 year experience makes about $49,212. With less than 2 years of experience, a mid-level Consumer Loan Officer I makes around $50,145. After 2-4 years, the Consumer Loan Officer I pay rises to about $50,905. Those senior Consumer Loan Officer I with 5-8 years of experience earn roughly $51,133, and those Consumer Loan Officer I having 8 years or more experience are expected to earn about $51,284 on average.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Officer I | $49,212 |
| Intermediate Level Consumer Loan Officer I | $50,145 |
| Senior Level Consumer Loan Officer I | $50,905 |
| Specialist Level Consumer Loan Officer I | $51,133 |
| Expert Level Consumer Loan Officer I | $51,284 |
| Entry Level | 5% |
| Mid Level | 3% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 1% |
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