What is the highest and lowest pay for Mortgage Loan Officer I?
As of December 01, 2024, the average annual pay of Mortgage Loan Officer I in Boston, MA is $55,768. While Salary.com is seeing that the highest pay for Mortgage Loan Officer I in Boston, MA can go up to $73,376 and the lowest down to $40,742, but most earn between $47,903 and $64,985. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Loan Officer I in the United States.
View Mortgage Loan Officer I Salary by Hour, Week, Month, 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.
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Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$57,971 |
$4,831 |
$1,115 |
$28 |
Average |
$49,749 |
$4,146 |
$957 |
$24 |
25th Percentile |
$42,732 |
$3,561 |
$822 |
$21 |
Last Updated on December 01, 2024
View Mortgage Loan Officer I Salary by Experience Levels
An entry-level Mortgage Loan Officer I with under 1 year experience makes about $54,312.
With less than 2 years of experience, a mid-level Mortgage Loan Officer I makes around $55,247.
After 2-4 years, the Mortgage Loan Officer I pay rises to about $57,123.
Those senior Mortgage Loan Officer I with 5-8 years of experience earn roughly $58,218, and those Mortgage Loan Officer I having 8 years or more experience are expected to earn about $58,491 on average.
Levels |
Salary |
Entry Level Mortgage Loan Officer I
|
$54,312
|
Intermediate Level Mortgage Loan Officer I
|
$55,247
|
Senior Level Mortgage Loan Officer I
|
$57,123
|
Specialist Level Mortgage Loan Officer I
|
$58,218
|
Expert Level Mortgage Loan Officer I
|
$58,491
|
$54,312
0 yr
$55,247
< 2 yrs
$57,123
2-4 yrs
$58,218
5-8 yrs
$58,491
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
9%
|
Mid Level
|
11%
|
Senior Level
|
15%
|
Top Level
|
17%
|
Experienced
|
18%
|
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Last Updated on December 01, 2024