How much does a Lending Officer I make in Cumberland, RI?
As of March 01, 2025, the average annual salary for a Lending Officer I in Cumberland, RI is $55,172. Salary.com reports that pay typically ranges from $48,574 to $60,755, with most professionals earning between $42,567 and $65,838.
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
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$57,917 |
$4,826 |
$1,114 |
$28 |
Average |
$52,595 |
$4,383 |
$1,011 |
$25 |
25th Percentile |
$46,305 |
$3,859 |
$890 |
$22 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Lending Officer I's Salary?
An entry-level Lending Officer I with under 1 year experience makes about $53,006.
With less than 2 years of experience, a mid-level Lending Officer I makes around $53,203.
After 2-4 years, the Lending Officer I pay rises to about $53,498.
Those senior Lending Officer I with 5-8 years of experience earn roughly $54,483, and those Lending Officer I having 8 years or more experience are expected to earn about $55,589 on average.
Levels |
Salary |
Entry Level Lending Officer I
|
$53,006
|
Intermediate Level Lending Officer I
|
$53,203
|
Senior Level Lending Officer I
|
$53,498
|
Specialist Level Lending Officer I
|
$54,483
|
Expert Level Lending Officer I
|
$55,589
|
$53,006
0 yr
$53,203
< 2 yrs
$53,498
2-4 yrs
$54,483
5-8 yrs
$55,589
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
1%
|
Mid Level
|
1%
|
Senior Level
|
2%
|
Top Level
|
4%
|
Experienced
|
6%
|
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Last Updated on March 01, 2025