As of March 01, 2025, the average annual salary for a VP of Lending in Rockford, IL is $180,400. Salary.com reports that pay typically ranges from $156,700 to $217,200, with most professionals earning between $135,122 and $250,704.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $217,200 | $18,100 | $4,177 | $104 |
| Average | $180,400 | $15,033 | $3,469 | $87 |
| 25th Percentile | $156,700 | $13,058 | $3,013 | $75 |
An entry-level VP of Lending with under 1 year experience makes about $163,720. With less than 2 years of experience, a mid-level VP of Lending makes around $165,811. After 2-4 years, the VP of Lending pay rises to about $168,600. Those senior VP of Lending with 5-8 years of experience earn roughly $172,782, and those VP of Lending having 8 years or more experience are expected to earn about $178,009 on average.
| Levels | Salary |
|---|---|
| Entry Level VP of Lending | $163,720 |
| Intermediate Level VP of Lending | $165,811 |
| Senior Level VP of Lending | $168,600 |
| Specialist Level VP of Lending | $172,782 |
| Expert Level VP of Lending | $178,009 |
| Entry Level | 9% |
| Mid Level | 8% |
| Senior Level | 7% |
| Top Level | 4% |
| Experienced | 1% |
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