How much does a Mortgage Loan Officer I make in Greenwood, IN?
As of March 01, 2025, the average annual salary for a Mortgage Loan Officer I in Greenwood, IN is $48,778. According to Salary.com, salaries can range from a low of $35,636 to a high of $64,175, with most professionals earning between $41,899 and $56,837.
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.
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Last Updated on March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$58,414 |
$4,868 |
$1,123 |
$28 |
Average |
$50,131 |
$4,178 |
$964 |
$24 |
25th Percentile |
$43,061 |
$3,588 |
$828 |
$21 |
Last Updated on March 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 $47,142.
With less than 2 years of experience, a mid-level Mortgage Loan Officer I makes around $47,953.
After 2-4 years, the Mortgage Loan Officer I pay rises to about $49,581.
Those senior Mortgage Loan Officer I with 5-8 years of experience earn roughly $50,531, and those Mortgage Loan Officer I having 8 years or more experience are expected to earn about $50,769 on average.
Levels |
Salary |
Entry Level Mortgage Loan Officer I
|
$47,142
|
Intermediate Level Mortgage Loan Officer I
|
$47,953
|
Senior Level Mortgage Loan Officer I
|
$49,581
|
Specialist Level Mortgage Loan Officer I
|
$50,531
|
Expert Level Mortgage Loan Officer I
|
$50,769
|
$47,142
0 yr
$47,953
< 2 yrs
$49,581
2-4 yrs
$50,531
5-8 yrs
$50,769
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
6%
|
Mid Level
|
4%
|
Senior Level
|
1%
|
Top Level
|
1%
|
Experienced
|
1%
|
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Last Updated on March 01, 2025