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 Eden Prairie, MN is $52,684. While Salary.com is seeing that the highest pay for Mortgage Loan Officer I in Eden Prairie, MN can go up to $69,318 and the lowest down to $38,488, but most earn between $45,253 and $61,391. 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 $51,309.
With less than 2 years of experience, a mid-level Mortgage Loan Officer I makes around $52,191.
After 2-4 years, the Mortgage Loan Officer I pay rises to about $53,963.
Those senior Mortgage Loan Officer I with 5-8 years of experience earn roughly $54,998, and those Mortgage Loan Officer I having 8 years or more experience are expected to earn about $55,256 on average.
Levels |
Salary |
Entry Level Mortgage Loan Officer I
|
$51,309
|
Intermediate Level Mortgage Loan Officer I
|
$52,191
|
Senior Level Mortgage Loan Officer I
|
$53,963
|
Specialist Level Mortgage Loan Officer I
|
$54,998
|
Expert Level Mortgage Loan Officer I
|
$55,256
|
$51,309
0 yr
$52,191
< 2 yrs
$53,963
2-4 yrs
$54,998
5-8 yrs
$55,256
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
3%
|
Mid Level
|
5%
|
Senior Level
|
8%
|
Top Level
|
11%
|
Experienced
|
11%
|
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Last Updated on December 01, 2024