As of March 01, 2025, the average annual salary for an Entry Consumer Loan Processor in Madison, WI is $43,100. Salary.com reports that pay typically ranges from $38,400 to $48,000, with most professionals earning between $34,121 and $52,461.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $48,000 | $4,000 | $923 | $23 |
| Average | $43,100 | $3,592 | $829 | $21 |
| 25th Percentile | $38,400 | $3,200 | $738 | $18 |
An entry-level Entry Consumer Loan Processor with under 1 year experience makes about $42,207. With less than 2 years of experience, a mid-level Entry Consumer Loan Processor makes around $42,699. After 2-4 years, the Entry Consumer Loan Processor pay rises to about $43,802. Those senior Entry Consumer Loan Processor with 5-8 years of experience earn roughly $44,022, and those Entry Consumer Loan Processor having 8 years or more experience are expected to earn about $44,169 on average.
| Levels | Salary |
|---|---|
| Entry Level Entry Consumer Loan Processor | $42,207 |
| Intermediate Level Entry Consumer Loan Processor | $42,699 |
| Senior Level Entry Consumer Loan Processor | $43,802 |
| Specialist Level Entry Consumer Loan Processor | $44,022 |
| Expert Level Entry Consumer Loan Processor | $44,169 |
| Entry Level | 2% |
| Mid Level | 1% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 2% |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
| Skill | Salary | Demand |
|---|---|---|
|
Listening
|
$59,478 |
38%
|
|
Leadership
|
$55,168 |
28%
|
|
Pricing
|
$50,858 |
18%
|
|
Underwriting
|
$48,703 |
13%
|
|
Coordination
|
$46,979 |
9%
|
|
Verbal Communication
|
$46,548 |
8%
|
