As of April 01, 2025, the average annual salary for a Consumer Loan Manager in Grand Rapids, MI is $97,300. Salary.com reports that pay typically ranges from $87,000 to $108,300, with most professionals earning between $77,622 and $118,315.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $108,300 | $9,025 | $2,083 | $52 |
| Average | $97,300 | $8,108 | $1,871 | $47 |
| 25th Percentile | $87,000 | $7,250 | $1,673 | $42 |
An entry-level Consumer Loan Manager with under 1 year experience makes about $93,478. With less than 2 years of experience, a mid-level Consumer Loan Manager makes around $93,940. After 2-4 years, the Consumer Loan Manager pay rises to about $95,482. Those senior Consumer Loan Manager with 5-8 years of experience earn roughly $97,331, and those Consumer Loan Manager having 8 years or more experience are expected to earn about $100,121 on average.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Manager | $93,478 |
| Intermediate Level Consumer Loan Manager | $93,940 |
| Senior Level Consumer Loan Manager | $95,482 |
| Specialist Level Consumer Loan Manager | $97,331 |
| Expert Level Consumer Loan Manager | $100,121 |
| Entry Level | 4% |
| Mid Level | 3% |
| Senior Level | 2% |
| Top Level | 0% |
| Experienced | 3% |
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