How much does a Consumer Loan Officer I make in Stamford, CT? The average Consumer Loan Officer I salary in Stamford, CT is $58,023 as of March 26, 2024, but the range typically falls between $51,529 and $63,835. 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. 

Consumer Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Loan Officer I Salary $45,616 Stamford,CT March 26, 2024
25th Percentile Consumer Loan Officer I Salary $51,529 Stamford,CT March 26, 2024
50th Percentile Consumer Loan Officer I Salary $58,023 Stamford,CT March 26, 2024
75th Percentile Consumer Loan Officer I Salary $63,835 Stamford,CT March 26, 2024
90th Percentile Consumer Loan Officer I Salary $69,127 Stamford,CT March 26, 2024
25% $51,529 10% $45,616 90% $69,127 75% $63,835 $58,023 50%(Median) Didn’t find job title? Click
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Job Description for Consumer Loan Officer I

Consumer Loan Officer I develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer I evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Additionally, Consumer Loan Officer I maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. The Consumer Loan Officer I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Consumer Loan Officer I in Stamford, CT

Career Path for Consumer Loan Officer I

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Consumer Loan Officer I, the upper level is Consumer Loan Officer II and then progresses to Consumer Lending Manager.

Those that have already made the climb...
Robert E. Wolfe, Chairman of the Board, CEO, and CFO
Advanced Oxygen Technologies, Inc., through its subsidiaries, owns and leases a commercial real estate property in Vojens, Denmark. It also engages in the distribution and sale of security straps and tie downs. The company was formerly known as Aquanautic Corporation. The company was incorporated in 1981 and is headqua... More
Fiscal Year Ended in 2023
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Consumer Loan Officer I salary varies from city to city. Compared with national average salary of Consumer Loan Officer I, the highest Consumer Loan Officer I salary is in San Francisco, CA, where the Consumer Loan Officer I salary is 25.0% above. The lowest Consumer Loan Officer I salary is in Miami, FL, where the Consumer Loan Officer I salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Average Base Salary

Core compensation

 
 
 
51529
63835
58023

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
52364
65324
59250
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Officer I in Stamford, CT. The base salary for Consumer Loan Officer I ranges from $51,529 to $63,835 with the average base salary of $58,023. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $52,364 to $65,324 with the average total cash compensation of $59,250.
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51529
63835

 

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About Stamford, Connecticut    Stamford (/ˈstæmfərd/) is a city in Fairfield County, Connecticut, United States. According to the 2010 census, the population of the city is 122,643....More

Stamford, Connecticut  area prices were up 1.7% from a year ago    View the Cost of Living in Stamford, Connecticut

Consumer Loan Officer I Salary in popular cities: BridgeportNew HavenHartford

Skills associated with Consumer Loan Officer I: New Business Development, Loan Origination, Due Diligence, Loan Software ...More