Refinance Loan Officer Salaries in Rhode Island
How Much Does a Refinance Loan Officer Make in Rhode Island?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Refinance Loan Officer in Rhode Island is $51,160.
While Salary.com is seeing that Refinance Loan Officer salary in RI can go up to $65,452
or down to $32,135, but most earn between $41,202 and $58,641.
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 Refinance Loan Officer
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Similar Job Salaries to Refinance Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Jobot
Loan Officer
|
$110,244/yr
|
RANGE: $98,780 - $121,709
|
|
Primary Residential Mortgage
Loan Officer
|
$79,470/yr
|
RANGE: $71,414 - $87,526
|
|
Primary Residential Branding
Loan Officer
|
$79,470/yr
|
RANGE: $71,414 - $87,526
|
|
Baycoast Bank
LOAN OFFICER
|
$65,113/yr
|
RANGE: $58,977 - $71,248
|
|
PENNYMAC
Loan Refinance Specialist
|
$68,790/yr
|
RANGE: $61,781 - $75,800
|
|
Builders Capital
Loan Officer - Hybrid
|
$76,444/yr
|
RANGE: $68,357 - $84,531
|
|
Primary Residential Mortgage
Loan Officer Outside Sales
|
$76,348/yr
|
RANGE: $68,271 - $84,425
|
|
Primary Residential Branding
Loan Officer Outside Sales
|
$76,444/yr
|
RANGE: $68,357 - $84,531
|
|
Citizens
Virtual HM Consumer Direct Loan Officer
|
$64,607/yr
|
RANGE: $57,578 - $71,635
|
Top 10 Highest Paying Cities For Refinance 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 a Refinance 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 Refinance Loan Officer job salaries in Rhode Island.
Some cities can pay higher salaries for Refinance Loan Officer jobs, which can indicate that there is a large demand for Refinance Loan Officer positions in this city.
The following table shows top 10 cities where the Refinance Loan Officer salary is higher than other cities in Rhode Island.
Westerly takes first place in this list, followed by Tiverton, Newport.
The Refinance Loan Officer salary is $52,226 in Westerly,
which is higher than the national average. There are 12 cities' Refinance Loan Officer salary higher than national average in Rhode Island.
The average salary for a Refinance Loan Officer in Rhode Island is $51,160,
but we found that the city with the highest salary for Refinance Loan Officer jobs is Westerly, RI, and it is higher than Tiverton.
Refinance 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 | $52,226 | $4,352 | $1,004 | $25 |
| Tiverton | $52,014 | $4,334 | $1,000 | $25 |
| Newport | $51,698 | $4,308 | $994 | $25 |
| Narragansett | $51,683 | $4,307 | $994 | $25 |
| Providence | $51,136 | $4,261 | $983 | $25 |
| Warwick | $51,136 | $4,261 | $983 | $25 |
| Cranston | $51,136 | $4,261 | $983 | $25 |
| Pawtucket | $51,136 | $4,261 | $983 | $25 |
| East Providence | $51,136 | $4,261 | $983 | $25 |
| Cumberland | $51,136 | $4,261 | $983 | $25 |
What Does a Refinance Loan Officer Do?
You may hear that 1.5% of your loan amount is a good rule of thumb for closing costs but it is always best to ask your loan officer about all your options.
Updated November 03, 2021
These attempted crimes may begin with a phone call from someone claiming to be a loan officer offering to discuss your refinance loan needs.
Updated October 30, 2021
These include certifications or licenses that an individual loan officer must have and licenses that must be maintained by the institution funding the loan.
Updated December 22, 2021
FHA refinance loans and the FHA streamline refinance allow borrowers to reduce the interest rate on their current mortgages.
Updated December 21, 2021
So if your loan is less than 2 years old, you can request that your PMI be removed with a new refinance but you’re not guaranteed to get approval.
Updated December 21, 2021
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Explore JobArchitectFrequently Asked Questions About a Refinance Loan Officer Salaries
What is the average of a Refinance Loan Officer in Rhode Island?
The Refinance Loan Officer salary range is from $41,202 to $58,641, and the average Refinance Loan Officer salary is $51,160/year in Rhode Island.
The Refinance Loan Officer's salary will change in different locations.
Which location pays the highest Refinance Loan Officer salary in the United States?
The Refinance Loan Officer salary in San Jose, CA is $62,238
which is the highest in the US.
What kinds of reasons will influence the Refinance 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 Refinance Loan Officer.
What is the growth rate of the Refinance Loan Officer's salary?
If you are thinking of becoming a Refinance Loan Officer or planning the next step in your career, find the detailed salary report of a Refinance Loan Officer.
