How much does a Consumer Loan Officer I make in Rhode Island? The average Consumer Loan Officer I salary in Rhode Island is $52,766 as of March 26, 2024, but the range typically falls between $46,860 and $58,052. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Consumer Loan Officer I Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Consumer Loan Officer I Salary $41,484 RI March 26, 2024
25th Percentile Consumer Loan Officer I Salary $46,860 RI March 26, 2024
50th Percentile Consumer Loan Officer I Salary $52,766 RI March 26, 2024
75th Percentile Consumer Loan Officer I Salary $58,052 RI March 26, 2024
90th Percentile Consumer Loan Officer I Salary $62,865 RI March 26, 2024
25% $46,860 10% $41,484 90% $62,865 75% $58,052 $52,766 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 Rhode Island

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Location Avg. Salary Date Updated
Location Coventry, RI Avg. Salary $52,918 Date Updated March 26, 2024
Location Cumberland, RI Avg. Salary $53,019 Date Updated March 26, 2024
Location East Providence, RI Avg. Salary $53,019 Date Updated March 26, 2024
Location Narragansett, RI Avg. Salary $53,322 Date Updated March 26, 2024
Location Tiverton, RI Avg. Salary $53,474 Date Updated March 26, 2024
Location Westerly, RI Avg. Salary $53,777 Date Updated March 26, 2024
Location Woonsocket, RI Avg. Salary $52,968 Date Updated March 26, 2024
Location Adamsville, RI Avg. Salary $53,474 Date Updated March 26, 2024
Location Albion, RI Avg. Salary $53,019 Date Updated March 26, 2024
Location Ashaway, RI Avg. Salary $53,878 Date Updated March 26, 2024

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.

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Consumer Loan Officer I Salary in Rhode Island
Consumer Loan Officer I Salary Graph, Regional Distribution and Summary