As of March 01, 2025, the average annual salary for a Mortgage Loan Officer III in Colorado is $98,144. Salary.com reports that pay typically ranges from $83,181 to $114,265, with most professionals earning between $69,557 and $128,942.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $112,024 | $9,335 | $2,154 | $54 |
| Average | $96,220 | $8,018 | $1,850 | $46 |
| 25th Percentile | $81,550 | $6,796 | $1,568 | $39 |
An entry-level Mortgage Loan Officer III with under 1 year experience makes about $90,274. With less than 2 years of experience, a mid-level Mortgage Loan Officer III makes around $91,376. After 2-4 years, the Mortgage Loan Officer III pay rises to about $93,581. Those senior Mortgage Loan Officer III with 5-8 years of experience earn roughly $96,888, and those Mortgage Loan Officer III having 8 years or more experience are expected to earn about $102,826 on average.
| Levels | Salary |
|---|---|
| Entry Level Mortgage Loan Officer III | $90,274 |
| Intermediate Level Mortgage Loan Officer III | $91,376 |
| Senior Level Mortgage Loan Officer III | $93,581 |
| Specialist Level Mortgage Loan Officer III | $96,888 |
| Expert Level Mortgage Loan Officer III | $102,826 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 1% |
| Experienced | 7% |
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Mortgage Loan Officer III salary varies from city to city. Compared with national average salary of Mortgage Loan Officer III, the highest Mortgage Loan Officer III salary is in San Francisco, CA, where the Mortgage Loan Officer III salary is 25.0% above. The lowest Mortgage Loan Officer III salary is in Miami, FL, where the Mortgage Loan Officer III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $120,275 |
25.0%
|
| Washington, DC | $107,093 |
11.3%
|
| Miami, FL | $92,852 |
|
| Chicago, IL | $100,935 |
4.9%
|
| Boston, MA | $107,862 |
12.1%
|
| New York, NY | $112,385 |
16.8%
|
