As of March 01, 2025, the average annual salary for a Lending Officer I in Maryland is $54,164. Salary.com reports that pay typically ranges from $48,415 to $60,128, with most professionals earning between $43,182 and $65,557.
| 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 |
An entry-level Lending Officer I with under 1 year experience makes about $51,599. With less than 2 years of experience, a mid-level Lending Officer I makes around $51,768. After 2-4 years, the Lending Officer I pay rises to about $52,022. Those senior Lending Officer I with 5-8 years of experience earn roughly $52,869, and those Lending Officer I having 8 years or more experience are expected to earn about $53,901 on average.
| Levels | Salary |
|---|---|
| Entry Level Lending Officer I | $51,599 |
| Intermediate Level Lending Officer I | $51,768 |
| Senior Level Lending Officer I | $52,022 |
| Specialist Level Lending Officer I | $52,869 |
| Expert Level Lending Officer I | $53,901 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 1% |
| Top Level | 1% |
| Experienced | 3% |
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Lending Officer I salary varies from city to city. Compared with national average salary of Lending Officer I, the highest Lending Officer I salary is in San Francisco, CA, where the Lending Officer I salary is 25.0% above. The lowest Lending Officer I salary is in Miami, FL, where the Lending Officer I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $65,669 |
25.0%
|
| Washington, DC | $58,472 |
11.3%
|
| Miami, FL | $50,696 |
|
| Chicago, IL | $55,109 |
4.9%
|
| Boston, MA | $58,892 |
12.1%
|
| New York, NY | $61,361 |
16.8%
|
