As of April 01, 2025, the average annual salary for a Consumer Loan Officer I in New Jersey is $50,079. Salary.com reports that pay typically ranges from $48,300 to $54,632, with most professionals earning between $46,679 and $58,777.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $50,403 | $4,200 | $969 | $24 |
| Average | $46,203 | $3,850 | $889 | $22 |
| 25th Percentile | $44,561 | $3,713 | $857 | $21 |
An entry-level Consumer Loan Officer I with under 1 year experience makes about $49,947. With less than 2 years of experience, a mid-level Consumer Loan Officer I makes around $50,555. After 2-4 years, the Consumer Loan Officer I pay rises to about $51,235. Those senior Consumer Loan Officer I with 5-8 years of experience earn roughly $51,438, and those Consumer Loan Officer I having 8 years or more experience are expected to earn about $51,574 on average.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Officer I | $49,947 |
| Intermediate Level Consumer Loan Officer I | $50,555 |
| Senior Level Consumer Loan Officer I | $51,235 |
| Specialist Level Consumer Loan Officer I | $51,438 |
| Expert Level Consumer Loan Officer I | $51,574 |
| Entry Level | 8% |
| Mid Level | 9% |
| Senior Level | 11% |
| Top Level | 11% |
| Experienced | 12% |
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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 24.9% above. The lowest Consumer Loan Officer I salary is in Miami, FL, where the Consumer Loan Officer I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $57,703 |
24.9%
|
| Washington, DC | $51,156 |
10.7%
|
| Miami, FL | $44,392 |
|
| Chicago, IL | $47,746 |
3.3%
|
| Boston, MA | $51,530 |
11.5%
|
| New York, NY | $53,545 |
15.9%
|
