How much does a Lending Officer I make in Newton, MA?
As of March 01, 2025, the average annual salary for a Lending Officer I in Newton, MA is $58,892. Salary.com reports that pay typically ranges from $52,642 to $65,376, with most professionals earning between $46,951 and $71,280.
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 |
$58,320 |
$4,860 |
$1,122 |
$28 |
Average |
$52,535 |
$4,378 |
$1,010 |
$25 |
25th Percentile |
$46,960 |
$3,913 |
$903 |
$23 |
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 $56,103.
With less than 2 years of experience, a mid-level Lending Officer I makes around $56,287.
After 2-4 years, the Lending Officer I pay rises to about $56,564.
Those senior Lending Officer I with 5-8 years of experience earn roughly $57,485, and those Lending Officer I having 8 years or more experience are expected to earn about $58,607 on average.
Levels |
Salary |
Entry Level Lending Officer I
|
$56,103
|
Intermediate Level Lending Officer I
|
$56,287
|
Senior Level Lending Officer I
|
$56,564
|
Specialist Level Lending Officer I
|
$57,485
|
Expert Level Lending Officer I
|
$58,607
|
$56,103
0 yr
$56,287
< 2 yrs
$56,564
2-4 yrs
$57,485
5-8 yrs
$58,607
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
7%
|
Mid Level
|
7%
|
Senior Level
|
8%
|
Top Level
|
9%
|
Experienced
|
12%
|
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Last Updated on March 01, 2025