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Loan Officer Salary in Rhode Island

Explore loan officer salaries in Rhode Island including median pay, entry-level and senior compensation, and how it compares to the national average.

Median Salary in RI
$85,107
Monthly: $7,092
Biweekly: $3,273
Entry Level
$50,063
Monthly: $4,172
Biweekly: $1,926
Senior Level
$120,151
Monthly: $10,013
Biweekly: $4,621
Job Growth
16%
Projected 10-year growth

Salary Breakdown

Pay PeriodEntry LevelMedianSenior
Annual$50,063$85,107$120,151
Monthly$4,172$7,092$10,013
Biweekly$1,926$3,273$4,621
Weekly$963$1,637$2,311
Hourly$24$41$58

RI vs National Comparison

National Median
$77,370
RI Median
$85,107
Difference
+$7,737
Multiplier
1.10x
National
RI

About This Career

Evaluate loan applications and manage lending relationships with clients.

Education

Bachelor's degree in Finance or related field

Key Skills

Loan AnalysisRisk AssessmentCustomer ServiceDocumentation

Compare States

See how Rhode Island compares to other states for loan officer salaries:

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Compare Jobs

Compare salaries for other business & finance jobs in Rhode Island:

AccountantFinancial AnalystMarketing ManagerHuman Resources Manager

Explore Related Data for a Loan Officer in Rhode Island

Dig into every angle of a loan officer salary ($85,107 median) in Rhode Island — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.

Take-home pay on $85,107 in Rhode Island

Federal, state, Social Security, and Medicare — what you keep after taxes.

What you can afford on $85,107 in Rhode Island

Home price, rent, and monthly spending guidelines for this income.

Tax brackets on $85,107 in Rhode Island

Exactly which federal and state brackets your salary crosses.

$350,000 mortgage in Rhode Island

Monthly payment, property tax, and total interest at typical rates.

Retirement at 30 earning $90,000

Savings benchmarks and projections for your income level.

Loan Officer salary in Providence

Drill down to city-level salary data for Providence, Rhode Island.

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Frequently Asked Questions

What is the median loan officer salary in Rhode Island?

The median loan officer salary in Rhode Island is $85,107, compared to a national median of $77,370.

What is the entry-level loan officer salary in Rhode Island?

Entry-level loan officer positions in Rhode Island typically pay around $50,063 annually.

What is the senior loan officer salary in Rhode Island?

Senior loan officer professionals in Rhode Island earn around $120,151 annually.

What is the job growth outlook for loan officer?

The projected 10-year job growth outlook for loan officer positions is 16%, which indicates strong demand in this field.

What education is needed to become a loan officer?

Bachelor's degree in Finance or related field

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