As of March 01, 2025, the average annual salary for a Loan Examiner I in Michigan is $56,795. Salary.com reports that pay typically ranges from $51,364 to $64,002, with most professionals earning between $46,420 and $70,564.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $64,845 | $5,404 | $1,247 | $31 |
| Average | $57,543 | $4,795 | $1,107 | $28 |
| 25th Percentile | $52,041 | $4,337 | $1,001 | $25 |
An entry-level Loan Examiner I with under 1 year experience makes about $56,390. With less than 2 years of experience, a mid-level Loan Examiner I makes around $57,010. After 2-4 years, the Loan Examiner I pay rises to about $58,624. Those senior Loan Examiner I with 5-8 years of experience earn roughly $58,946, and those Loan Examiner I having 8 years or more experience are expected to earn about $59,161 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Examiner I | $56,390 |
| Intermediate Level Loan Examiner I | $57,010 |
| Senior Level Loan Examiner I | $58,624 |
| Specialist Level Loan Examiner I | $58,946 |
| Expert Level Loan Examiner I | $59,161 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 3% |
Not the salary data you are looking for? Choose the state salary you want to see.
What Am I Worth?
Not the salary data you are looking for? Choose the city salary you want to see.
Salary.com job board provides millions of Loan Examiner I information for you to search for. Click on search button below to see Loan Examiner I job openings or enter a new job title here.
Loan Examiner I salary varies from city to city. Compared with national average salary of Loan Examiner I, the highest Loan Examiner I salary is in San Francisco, CA, where the Loan Examiner I salary is 25.0% above. The lowest Loan Examiner I salary is in Miami, FL, where the Loan Examiner I salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $71,929 |
25.0%
|
| Washington, DC | $64,045 |
11.3%
|
| Miami, FL | $55,529 |
|
| Chicago, IL | $60,363 |
4.9%
|
| Boston, MA | $64,506 |
12.1%
|
| New York, NY | $67,210 |
16.8%
|
