Mortgage Loan Officer I Salary

Mortgage Loan Officer I Salary

How much does a Mortgage Loan Officer I make in the United States? The average Mortgage Loan Officer I salary in the United States is $43,616 as of September 25, 2020, but the range typically falls between $35,677 and $53,133. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

How to Prevent Coronavirus when Shopping in a Supermarket?

LocationYears of Exp.EducationDirect ReportsPerformanceOther


Check out Mortgage Loan Officer jobs in the United States

Job Description for Mortgage Loan Officer I

Mortgage Loan Officer I solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower’s needs. Being a Mortgage Loan Officer I assists buyers in the purchase process through closing. Requires a bachelor’s degree. Additionally, Mortgage Loan Officer I typically reports to a manager or head of a unit/department. The Mortgage Loan Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Mortgage Loan Officer I typically requires 0-2 years of related experience. (Copyright 2020 Salary.com)… View full job description

Read about:   Advantages of a Bigger Residence Mortgage Down Cost

See user submitted job responsibilities for Mortgage Loan Officer I.

Career Path for Mortgage Loan Officer I

Not the job you’re looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com’s CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.

Learn about CompAnalyst

City, State Compared to national average
City, State

San Francisco, CA
Compared to national average

City, State

Washington, DC
Compared to national average

City, State

Miami, FL
Compared to national average

City, State

Chicago, IL
Compared to national average

City, State

Boston, MA
Compared to national average

City, State

New York, NY
Compared to national average

City, State

Dallas, TX
Compared to national average

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Loan Officer I, base salary plus other pay elements

Average Base Salary

Core compensation

Average Total Cash Compensation

Includes base and annual incentives

These charts show 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. The base salary for Mortgage Loan Officer I ranges from $35,677 to $53,133 with the average base salary of $43,616. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $56,179 to $112,699 with the average total cash compensation of $78,610.

Step 2 of 3

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

Step 3 of 3

How much should you be paid?

View the Cost of Living in Major Cities

Skills associated with Mortgage Loan Officer I:
Loan Origination, New Business Development, Loan Software, Lending Regulatory Compliance

Recently searched related titles:
Mortgage Assistant

Salary estimation for Mortgage Loan Officer I at companies like :
FS BANCORP INC, HIGHLANDS BANKSHARES INC /VA/, LTC PROPERTIES INC

Jobs with a similar salary range to Mortgage Loan Officer I :
Funding Specialist, HR Intern