upper level job

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.

Mortgage Loan Officer I Salaries by Percentile
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

Average Salary

25% $47,903 10% $40,742 90% $73,376 75% $64,985 $55,768 50%(Median) Didn’t find job title? Click
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Last Updated on December 01, 2024
Last Updated on December 01, 2024
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

Job Openings of Mortgage Loan Officer I

Salary.com job board provides millions of Mortgage Loan Officer I information for you to search for. Click on search button below to see Mortgage Loan Officer I job openings or enter a new job title here.

Cost of Living In Boston, MA

Cost of Living in Boston , MA is
53.1% Higher
than the National Average
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Best-Paid Skills and Qualifications for Mortgage Loan Officer I

What skills does a Mortgage Loan Officer I need?

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.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Wholesale: Buying and selling products in large quantities at a lower price to increase profitability through a high sales volume.

3.

Background Check: A background check or background investigation is a review of a potential employee's criminal, commercial and financial records. The goal of background checks is to ensure the safety and security of the employees in the organisation

Customer Service 3.87%
Wholesale 5.48%
Background Check 0.77%
Others 89.88%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Mortgage Loan Officer I higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Food Safety, you can get a 82% salary raise. If you are good at Integrity, your salary will increase by 4%. If you are expert in Products and Services, your salary will rise by 4%.
Skill Salary Demand
Food Safety
$101,498
82%
Integrity
$57,999
4%
Products and Services
$57,999
4%
Data Entry
$57,999
4%
Communication Skills
$57,999
4%
Effective Communication
$57,999
4%
Last Updated on December 01, 2024

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Mortgage Loan Officer I is $55,768 per year in Boston, MA, updated at December 01, 2024.
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