Consumer Loan Officer I Salary in Royalton, MN

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Consumer Loan Officer I Salary in Royalton, MN

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

As of August 01, 2025, Consumer Loan Officer Is in Royalton, MN earn an average annual salary of $49,291 with an hourly rate of $24. Salary ranges from $45,023 (10th percentile) to $60,976 (90th percentile), with the majority earning between $47,057 (25th percentile) and $55,407 (75th percentile). Compensation varies based on experience, skills, company size, and local market factors - all explored below.

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Salary Salary + Bonus Benefits
Paid Annually Paid Monthly Paid Semimonthly Paid Biweekly Paid Weekly Paid Hourly
View as table View as graph 25% $47,057 10% $45,023 90% $60,976 75% $55,407 $49,291 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 $55,407 $4,617 $1,066 $27
Average $49,291 $4,108 $948 $24
25th Percentile $47,057 $3,921 $905 $23
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Loan Officer

Caliver Beach Mortgage - Brooklyn Park, MN

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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
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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.

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Last Updated on August 01, 2025
$47,057
Average $49,291/year
$55,407
$3,921
Average $4,108/month
$4,617
$905
Average $948/week
$1,066
$23
Average $24/hour
$27
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $55,407 $4,617 $1,066 $27
Average $49,291 $4,108 $948 $24
25th Percentile $47,057 $3,921 $905 $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 $49,124. With less than 2 years of experience, a mid-level Consumer Loan Officer I makes around $49,930. After 2-4 years, the Consumer Loan Officer I pay rises to about $50,843. Those senior Consumer Loan Officer I with 5-8 years of experience earn roughly $51,117, and those Consumer Loan Officer I having 8 years or more experience are expected to earn about $51,299 on average.

Levels Salary
Entry Level Consumer Loan Officer I $49,124
Intermediate Level Consumer Loan Officer I $49,930
Senior Level Consumer Loan Officer I $50,843
Specialist Level Consumer Loan Officer I $51,117
Expert Level Consumer Loan Officer I $51,299
$49,124 0 yr
$49,930 < 2 yrs
$50,843 2-4 yrs
$51,117 5-8 yrs
$51,299 > 8 yrs
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