The average salary for a loan officer in Rhode Island is around $60,460 per year.
Avg Salary
Loan officers earn an average yearly salary of $60,460.
Wages typically start from $32,640 and go up to $117,580.
7% below national average Updated in 2018
Loan officer earnings by seniority
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
| State Name | Average Salary |
|---|---|
| Alaska | $56,980 |
| Alabama | $53,488 |
| Arkansas | $55,514 |
| Arizona | $52,696 |
| California | $60,420 |
| Colorado | $61,010 |
| Connecticut | $88,768 |
| District of Columbia | $74,840 |
| Delaware | $60,140 |
| Florida | $67,760 |
| Georgia | $54,690 |
| Guam | $45,840 |
| Hawaii | $66,666 |
| Iowa | $61,518 |
| Idaho | $59,677 |
| Illinois | $81,620 |
| Indiana | $57,023 |
| Kansas | $75,462 |
| Kentucky | $67,450 |
| Louisiana | $48,230 |
| Massachusetts | $70,090 |
| Maryland | $68,060 |
| Maine | $64,110 |
| Minnesota | $72,030 |
| Missouri | $68,010 |
| Mississippi | $57,500 |
| Montana | $57,840 |
| North Carolina | $62,360 |
| North Dakota | $67,610 |
| Nebraska | $75,800 |
| New Hampshire | $76,430 |
| New Jersey | $73,180 |
| New Mexico | $51,460 |
| Nevada | $60,630 |
| New York | $78,520 |
| Ohio | $64,770 |
| Oklahoma | $61,230 |
| Oregon | $64,610 |
| Pennsylvania | $66,807 |
| Puerto Rico | $29,150 |
| Rhode Island | $60,460 |
| South Carolina | $60,250 |
| South Dakota | $59,520 |
| Tennessee | $54,490 |
| Texas | $68,710 |
| Utah | $45,470 |
| Virginia | $63,860 |
| Vermont | $58,650 |
| Washington | $60,540 |
| Wisconsin | $62,850 |
| West Virginia | $48,820 |
| Wyoming | $61,860 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Rhode Island. On average, they make less than investment bankers but more than bookkeepers.
| Career | Median Salary |
|---|---|
| Investment banker salary | $70K |
| Risk management specialist salary | $70K |
| Financial quantitative analyst salary | $70K |
| Credit analyst salary | $66K |
| Revenue agent salary | $71K |
| Loan officer salary | $60K |
| Social fundraiser salary | $65K |
| Cost estimator salary | $67K |
| Credit counselor salary | $57K |
| Bookkeeper salary | $44K |
Source: CareerExplorer (Aggregated)