Auto Loan Officer Salaries in Rhode Island
How Much Does an Auto Loan Officer Make in Rhode Island?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Auto Loan Officer in Rhode Island is $51,551.
While Salary.com is seeing that Auto Loan Officer salary in RI can go up to $65,946
or down to $32,364, but most earn between $41,508 and $59,086.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Auto Loan Officer
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Similar Job Salaries to Auto Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Primary Residential Mortgage
Loan Officer Outside Sales
|
$99,566/yr
|
RANGE: $78,352 - $120,779
|
|
Hankey Group External
Loan Officer - Auto Finance
|
$114,460/yr
|
RANGE: $93,761 - $135,159
|
|
Associated Bank, NA
Loan Review Officer I - Indirect Auto
|
$83,493/yr
|
RANGE: $69,703 - $97,283
|
|
Dejana Truck & Utility Equipment
Auto Electrician
|
$97,505/yr
|
RANGE: $83,943 - $111,066
|
|
Diversified Car Care
Auto Detailer
|
$57,427/yr
|
RANGE: $48,787 - $66,067
|
|
Midas
AUTO TECHNICIAN
|
$62,923/yr
|
RANGE: $54,634 - $71,213
|
|
Colliers
Agency Loan Closer
|
$69,770/yr
|
RANGE: $61,725 - $77,815
|
|
Citizens Bank, N.A.
Home Equity Loan Originators
|
$99,661/yr
|
RANGE: $78,427 - $120,894
|
|
Mutual of Omaha Mortgage
Entry-Level Loan Specialist
|
$99,661/yr
|
RANGE: $78,427 - $120,894
|
|
Citizens
Home Equity Loan Originators
|
$99,661/yr
|
RANGE: $78,427 - $120,894
|
Top 10 Highest Paying Cities For Auto Loan Officer Jobs in Rhode Island
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Auto Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Auto Loan Officer job salaries in Rhode Island.
Some cities can pay higher salaries for Auto Loan Officer jobs, which can indicate that there is a large demand for Auto Loan Officer positions in this city.
The following table shows top 10 cities where the Auto Loan Officer salary is higher than other cities in Rhode Island.
Westerly takes first place in this list, followed by Tiverton, Newport.
The Auto Loan Officer salary is $52,539 in Westerly,
which is higher than the national average. There are 12 cities' Auto Loan Officer salary higher than national average in Rhode Island.
The average salary for an Auto Loan Officer in Rhode Island is $51,551,
but we found that the city with the highest salary for Auto Loan Officer jobs is Westerly, RI, and it is higher than Tiverton.
Auto Loan Officer jobs in Westerly can have the opportunity to earn higher salaries than in other cities in Rhode Island.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Westerly | $52,539 | $4,378 | $1,010 | $25 |
| Tiverton | $52,243 | $4,354 | $1,005 | $25 |
| Newport | $52,144 | $4,345 | $1,003 | $25 |
| Narragansett | $52,095 | $4,341 | $1,002 | $25 |
| Providence | $51,798 | $4,317 | $996 | $25 |
| Warwick | $51,798 | $4,317 | $996 | $25 |
| Cranston | $51,798 | $4,317 | $996 | $25 |
| Pawtucket | $51,798 | $4,317 | $996 | $25 |
| East Providence | $51,798 | $4,317 | $996 | $25 |
| Cumberland | $51,798 | $4,317 | $996 | $25 |
What Does an Auto Loan Officer Do?
Mortgage brokers and mortgage loan officers have to follow strict compensation rules set by the federal Truth in Lending Act.
Updated December 19, 2021
Both mortgage brokers and loan officers are considered mortgage loan originators (MLOs), and have to meet strict federal requirements to be paid for helping negotiate mortgage loans.
Updated December 14, 2021
Regarding demand for consumer loans, significant net shares of banks reported stronger demand for auto and credit card loans, and a modest net share of banks reported stronger demand for other consumer loans.
Updated November 04, 2021
Here are benefits and drawbacks worth considering when deciding between a mortgage broker and a loan officer.
Updated December 21, 2021
Loan officers communicate with numerous individuals to facilitate the lending process for banking clients.
Updated December 20, 2021
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Explore JobArchitectFrequently Asked Questions About an Auto Loan Officer Salaries
What is the average of an Auto Loan Officer in Rhode Island?
The Auto Loan Officer salary range is from $41,508 to $59,086, and the average Auto Loan Officer salary is $51,551/year in Rhode Island.
The Auto Loan Officer's salary will change in different locations.
Which location pays the highest Auto Loan Officer salary in the United States?
The Auto Loan Officer salary in San Jose, CA is $61,970
which is the highest in the US.
What kinds of reasons will influence the Auto Loan Officer's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Auto Loan Officer.
What is the growth rate of the Auto Loan Officer's salary?
If you are thinking of becoming an Auto Loan Officer or planning the next step in your career, find the detailed salary report of an Auto Loan Officer.
