As of March 01, 2025, the average annual salary for a Loan Review Officer I in the United States is $70,878. According to Salary.com, salaries can range from a low of $45,074 to a high of $92,858, with most professionals earning between $57,371 and $82,384.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $82,384 | $6,865 | $1,584 | $40 |
| Average | $70,878 | $5,907 | $1,363 | $34 |
| 25th Percentile | $57,371 | $4,781 | $1,103 | $28 |
An entry-level Loan Review Officer I with less than 1 year of experience earns about $65,724. With 1-2 years of experience, the average salary increases to $66,123. For 2-4 years of experience, the pay typically rises to $68,716. Senior-level professionals with 5-8 years of experience earn around $74,358, and those with over 8 years of experience can expect an average of $76,056.
| Levels | Salary |
|---|---|
| Entry Level Loan Review Officer I | $65,724 |
| Intermediate Level Loan Review Officer I | $66,123 |
| Senior Level Loan Review Officer I | $68,716 |
| Specialist Level Loan Review Officer I | $74,358 |
| Expert Level Loan Review Officer I | $76,056 |
| Entry Level | 7% |
| Mid Level | 7% |
| Senior Level | 3% |
| Top Level | 5% |
| Experienced | 7% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of March 01, 2025, our research reveals a significant shift in Loan Review Officer I compensation over the past six years. For example, the median salary increased from $57,925 in 2023 to approximately $57,821 in 2024. (For a detailed analysis of Loan Review 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.
Salary.com job board provides millions of Loan Review Officer I information for you to search for. Click on search button below to see Loan Review Officer I job openings or enter a new job title here.
Here are companies hiring for Loan Review Officer I and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $70,878 | 70.0% | ||
| Bonus | $1,782 | 1.8% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $5,558 | 5.5% | ||
| 401K/403B | $3,415 | 3.4% | ||
| Disability | $581 | 0.6% | ||
| Healthcare | $6,056 | 6.0% | ||
| Pension | $3,996 | 3.9% | ||
| Time Off | $8,943 | 8.8% | ||
| Total Compensation | $101,210 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 2.9% |
| High School | 11.8% |
| Associates | 5.9% |
| Bachelors | 73.5% |
| Masters | 5.9% |
What Am I Worth?
The average annual salary of Loan Review Officer I is $70,878. In case you are finding an easy salary calculator, the average hourly pay of Loan Review Officer I is $34; the average weekly pay of Loan Review Officer I is $1,363; the average monthly pay of Loan Review Officer I is $5,907.
A Loan Review 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 Loan Review Officer I earns the most in San Jose, CA, where the annual salary of a Loan Review Officer I is $88,952.
The highest pay for Loan Review Officer I is $92,858.
The lowest pay for Loan Review Officer I is $45,074.
Loan Review Officer I performs reviews of bank's loans to ensure compliance with established policies and standards. Reviews small- to mid-size loans. Being a Loan Review Officer I may prepare and provide loan data to accounting. Requires a bachelor's degree. Additionally, Loan Review Officer I typically reports to a manager or head of a unit/department. The Loan Review Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Loan Review Officer I typically requires 0-2 years of related experience.
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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Retail Banking: Retail banking, also known as consumer banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a normal bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks were limited to engaging capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from corporations or large businesses, as opposed to individual members of the public (retail banking).
Credit Administration: Credit Administration is the oversight of all activities related to a bank's credit process ensuring the bank's largest balance sheet asset,the loan portfolio, maintains its value.
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