upper level job

How much does a Lending Officer I make?

As of March 01, 2025, the average annual salary for a Lending Officer I in the United States is $52,535. Salary.com reports that pay typically ranges from $46,960 to $58,320, with most professionals earning between $41,884 and $63,586.

Lending Officer I Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $58,320 $4,860 $1,122 $28
Average $52,535 $4,378 $1,010 $25
25th Percentile $46,960 $3,913 $903 $23

Average Salary

25% $46,960 10% $41,884 90% $63,586 75% $58,320 $52,535 50%(Median) Didn’t find job title? Click
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How much does a Lending Officer I make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Lending 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 Lending Officer I hourly pay, weekly pay, monthly pay and so on.

Last Updated on March 01, 2025
Last Updated on March 01, 2025

How Does Experience Level Affect a Lending Officer I's Salary?

An entry-level Lending Officer I with less than 1 year of experience earns about $50,047. With 1-2 years of experience, the average salary increases to $50,212. For 2-4 years of experience, the pay typically rises to $50,458. Senior-level professionals with 5-8 years of experience earn around $51,280, and those with over 8 years of experience can expect an average of $52,281.

Levels Salary
Entry Level Lending Officer I $50,047
Intermediate Level Lending Officer I $50,212
Senior Level Lending Officer I $50,458
Specialist Level Lending Officer I $51,280
Expert Level Lending Officer I $52,281
$50,047 0 yr
$50,212 < 2 yrs
$50,458 2-4 yrs
$51,280 5-8 yrs
$52,281 > 8 yrs
Last Updated on March 01, 2025
Entry Level 5%
Mid Level 4%
Senior Level 4%
Top Level 2%
Experienced 0%
View as graph
Last Updated on March 01, 2025

How much does salary of Lending Officer I vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of March 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Lending Officer I is $65,669.
  • In New York, NY, the average annual salary is $61,361.
  • In Boston, MA, a Lending Officer I earns $58,892 per year.

What is the salary trend of Lending Officer I?

As of March 01, 2025, our research reveals a significant shift in Lending Officer I compensation over the past six years. For example, the median salary increased from $60,393 in 2023 to approximately $59,406 in 2024. (For a detailed analysis of Lending Officer I salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Lending Officer I Over Time

2020
$???
2021
$???
2022
$???
$60,393
2023
$59,406
2024
$59,001
2025
2026
$???
Last Updated on March 01, 2025
2020
$???
2021
$???
2022
$???
2023
$60,393
2024
$59,406
2025
$59,001
2026
$???
Last Updated on March 01, 2025

Lending Officer I Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $60,393
2024 $59,406
2025 $59,001
2026 View More
Last Updated on March 01, 2025

Job Openings of Lending Officer I

Salary.com job board provides millions of Lending Officer I information for you to search for. Click on search button below to see Lending Officer I job openings or enter a new job title here.

Based on HR-reported data: a national average with a geographic differential
Base Salary 68.7%
Bonuses 1.6%
Social Security 5.4%
401k/403b 3.3%
Disability 0.6%
Healthcare 7.9%
Pension 3.9%
Time Off 8.7%
Core Compensation
Core Compensation Median % of Total
Base Salary $52,535 68.7%
Bonus $1,214 1.6%
Value of Benefits
Core Compensation Median % of Total
Social Security $4,112 5.4%
401K/403B $2,526 3.3%
Disability $430 0.6%
Healthcare $6,056 7.9%
Pension $2,956 3.9%
Time Off $6,615 8.7%
Total Compensation $76,445 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on March 01, 2025

What are the salaries of a Lending Officer I with different levels of education?

Salaries for Lending Officer I with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Lending Officer I with a Bachelor's Degree is $49,637 - $52,707. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Lending Officer I Salaries by Degree Level

Last Updated on March 01, 2025
Typical Education for Lending Officer I
Degree Level % of user with this level of education
No Diploma 3.3%
High School 8.2%
Associates 9.8%
Bachelors 65.6%
Masters 13.1%
Typical Education for Lending Officer I
No Diploma 3.3%
High School 8.2%
Associates 9.8%
Bachelors 65.6%
Masters 13.1%
view as table

Lending Officer I Salaries by Degree Level

Last Updated on March 01, 2025

What Am I Worth?

FAQ about Lending Officer I

1. What is the average salary of a Lending Officer I?

The average annual salary of Lending Officer I is $52,535. In case you are finding an easy salary calculator, the average hourly pay of Lending Officer I is $25; the average weekly pay of Lending Officer I is $1,010; the average monthly pay of Lending Officer I is $4,378.

2. Where can a Lending Officer I earn the most?

A Lending Officer I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Lending Officer I earns the most in San Jose, CA, where the annual salary of a Lending Officer I is $65,932.

3. What is the highest pay for Lending Officer I?

The highest pay for Lending Officer I is $63,586.

4. What is the lowest pay for Lending Officer I?

The lowest pay for Lending Officer I is $41,884.

5. What are the responsibilities of Lending Officer I?

Lending Officer I conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer I performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer I may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer I work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer I typically requires 0-2 years of related experience.

6. What are the skills of Lending Officer I

Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.)

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.)

Customer Satisfaction: Customer satisfaction (often abbreviated as CSAT, more correctly CSat) is a term frequently used in marketing. It is a measure of how products and services supplied by a company meet or surpass customer expectation. Customer satisfaction is defined as "the number of customers, or percentage of total customers, whose reported experience with a firm, its products, or its services (ratings) exceeds specified satisfaction goals." The Marketing Accountability Standards Board (MASB) endorses the definitions, purposes, and constructs of classes of measures that appear in Marketing Metrics as part of its ongoing Common Language in Marketing Project. In a survey of nearly 200 senior marketing managers, 71 percent responded that they found a customer satisfaction metric very useful in managing and monitoring their businesses. It is seen as a key performance indicator within business and is often part of a Balanced Scorecard. In a competitive marketplace where businesses compete for customers, customer satisfaction is seen as a key differentiator and increasingly has become a key element of business strategy.

3.)

Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Lending Officer I is $52,535 per year in the United States, updated at March 01, 2025.
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