How much does a Mortgage Loan Officer I make in AR?
As of April 01, 2025, the average annual salary for a Mortgage Loan Officer I in Arkansas is $45,987. According to Salary.com, salaries can range from a low of $34,544 to a high of $53,941, with most professionals earning between $39,997 and $50,150.
How much does a Mortgage Loan Officer I make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Mortgage Loan 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 Mortgage Loan Officer I hourly pay, weekly pay, monthly pay and so on.
Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$55,513 |
$4,626 |
$1,068 |
$27 |
Average |
$50,904 |
$4,242 |
$979 |
$24 |
25th Percentile |
$44,274 |
$3,690 |
$851 |
$21 |
Last Updated on April 01, 2025
How Does Experience Level Affect a Mortgage Loan Officer I's Salary?
An entry-level Mortgage Loan Officer I with under 1 year experience makes about $45,093.
With less than 2 years of experience, a mid-level Mortgage Loan Officer I makes around $45,808.
After 2-4 years, the Mortgage Loan Officer I pay rises to about $46,732.
Those senior Mortgage Loan Officer I with 5-8 years of experience earn roughly $47,230, and those Mortgage Loan Officer I having 8 years or more experience are expected to earn about $47,354 on average.
Levels |
Salary |
Entry Level Mortgage Loan Officer I
|
$45,093
|
Intermediate Level Mortgage Loan Officer I
|
$45,808
|
Senior Level Mortgage Loan Officer I
|
$46,732
|
Specialist Level Mortgage Loan Officer I
|
$47,230
|
Expert Level Mortgage Loan Officer I
|
$47,354
|
$45,093
0 yr
$45,808
< 2 yrs
$46,732
2-4 yrs
$47,230
5-8 yrs
$47,354
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
11%
|
Mid Level
|
10%
|
Senior Level
|
8%
|
Top Level
|
7%
|
Experienced
|
7%
|
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Last Updated on April 01, 2025
View Mortgage Loan Officer I Pay Difference by Location
Mortgage Loan Officer I salary varies from city to city.
Compared with national average salary of Mortgage Loan Officer I, the highest Mortgage Loan Officer I salary is in San Francisco, CA, where the Mortgage Loan Officer I salary is 24.9% above.
The lowest Mortgage Loan Officer I salary is in Miami, FL, where the Mortgage Loan Officer I salary is 3.9% lower than national average salary.
City, State |
Price |
Compared to national average |
San Francisco, CA
|
$63,574 |
|
Washington, DC
|
$56,361 |
|
Miami, FL
|
$48,909 |
|
Chicago, IL
|
$52,604 |
|
Boston, MA
|
$56,773 |
|
New York, NY
|
$58,993 |
|