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Consumer Loan Officer II Salary in the United States

How much does a Consumer Loan Officer II make in the United States?

As of August 01, 2026, the average salary for a Consumer Loan Officer II in the United States is $56,271 per year, which breaks down to an hourly rate of $27.

However, a Consumer Loan Officer II's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $74,588
  • Majority Range (25th-75th percentile): $52,301 to $65,859
  • Entry-Level (10th percentile): $48,687

Key Factors That Influence Consumer Loan Officer II Salaries

A Consumer Loan Officer II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Consumer Loan Officer II Salaries?

Experience is a primary driver of a Consumer Loan Officer II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Consumer Loan Officer I (0-2 years): $50,466
  • Consumer Loan Officer II (2-4 years): $56,271
  • Consumer Loan Officer III (4-7 years): $66,082
  • Consumer Lending Manager (7+ years): $102,398
  • Consumer Lending Senior Manager (7+ years): $119,290
Job Role Years of Experience Average Salary
Consumer Loan Officer I0-2 years$50,466
Consumer Loan Officer II2-4 years$56,271
Consumer Loan Officer III4-7 years$66,082
Consumer Lending Manager7+ years$102,398
Consumer Lending Senior Manager7+ years$119,290

Top Paying Cities for Consumer Loan Officer II

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $70,975
  • San Francisco: $70,198
  • Oakland: $68,718

What Skills Can Increase a Consumer Loan Officer II's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 17.57% Job Postings): 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.
  • Sales Management (Mentioned in 6.25% Job Postings): Sales management is a business discipline which is focused on the practical application of sales techniques and the management of a firm's sales operations. It is an important business function as net sales through the sale of products and services and resulting profit drive most commercial business. These are also typically the goals and performance indicators of sales management. Sales manager is the typical title of someone whose role is sales management. The role typically involves talent development .
  • Succession Planning (Mentioned in 0.57% Job Postings): Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. Succession planning increases the availability of experienced and capable employees that are prepared to assume these roles as they become available. Taken narrowly, "replacement planning" for key roles is the heart of succession planning. In dictatorships, succession planning aims for continuity of leadership, preventing a chaotic power struggle by preventing a power vacuum. In monarchies, succession is usually settled by the order of succession. In business, succession planning entails developing internal people with the potential to fill key business leadership positions in the company.Effective succession or talent-pool management concerns itself with building a series of feeder groups up and down the entire leadership pipeline or progression. In contrast, replacement planning is focused narrowly on identifying specific back-up candidates for given senior management positions. Thought should be given to the retention of key employees, and the consequences that the departure of key employees may have on the business.
Skills Demand Percentage
Customer Service 17.57%
Sales Management 6.25%
Succession Planning 0.57%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Consumer Loan Officer II's salary.

  • Sales Management: Can increase your salary by up to 28%.
  • Customer Sales: Can increase your salary by up to 26%.
  • Team Operations: Can increase your salary by up to 22%.
Skill Salary Salary % Increase
Sales Management $72,027
28%
Customer Sales $70,901
26%
Team Operations $68,651
22%

Consumer Loan Officer II Salary by Company Size: Startups vs. Enterprise

Consumer Loan Officer II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $60,585. While startup companies pay approximate $51,347.

Consumer Loan Officer II Salary by Company Size

Company Size Employees Average Salary
Startup 1~50 $51,347
Growth Stage 51~500 $54,290
Established 501~5000 $58,525
Enterprise 5000+ $60,585

Consumer Loan Officer II Salary by Industry: Top Paying Sectors

For Consumer Loan Officer II roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 40% above the average. In contrast, Consumer Loan Officer positions in Insurance or Business Services typically offer lower base pay, as these industries often view Consumer Loan Officer II as a support function rather than a direct revenue driver.

The top paying industries for a Consumer Loan Officer II

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$78,779$38.040%
Edu., Gov't. & Nonprofit$61,898$30.010%

How Education impacts an Consumer Loan Officer II's Salary?

Your level of education can impact your salary potential. While many Consumer Loan Officer II enter the field with a Bachelor's Degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for an Consumer Loan Officer II with a Bachelor's Degree is between $52,091 and $55,136.

Consumer Loan Officer II Salaries by Degree Level

Typical Education for Consumer Loan Officer II
Degree Level % of user with this level of education
No Diploma 1.5%
High School 26.3%
Associates 11.2%
Bachelors 54.1%
Masters 6.3%
Doctorate 0.5%

Consumer Loan Officer II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Consumer Loan Officer II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on August 01, 2026
$52,301
Average $56,271/year
$65,859
$4,358
Average $4,689/month
$5,488
$1,006
Average $1,082/week
$1,267
$25
Average $27/hour
$32
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $65,859 $5,488 $1,267 $32
Average $56,271 $4,689 $1,082 $27
25th Percentile $52,301 $4,358 $1,006 $25

Consumer Loan Officer II Salary Growth & Career Path

For a Consumer Loan Officer II, the most direct path to higher earnings is advancing to the Consumer Loan Officer III role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $66,082 - a projected growth of 17% over your current level.

Most common benefits for Consumer Loan Officer II

  • Social Security
  • 401 (k)
  • Disability
  • Healthcare
  • Pension
  • Time Off (days)

Common company salaries for Consumer Loan Officer II

Here are companies hiring for Consumer Loan Officer II and their salaries, click below for more details.

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FAQ about Consumer Loan Officer II

1. Where can a Consumer Loan Officer II earn the most?

A Consumer Loan Officer II's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Consumer Loan Officer II earns the most in San Jose, CA, where the annual salary of a Consumer Loan Officer II is $70,975.

2. What is the highest pay for Consumer Loan Officer II?

The highest pay for Consumer Loan Officer II is $74,588.

3. What is the lowest pay for Consumer Loan Officer II?

The lowest pay for Consumer Loan Officer II is $48,687.

4. What are the responsibilities of Consumer Loan Officer II?

Responsible for evaluating, approving, and managing consumer loans. Reviews loan applications and analyzes applicants' financial statements and credit histories to determine creditworthiness and repayment potential. Recommends loan terms and conditions and ensures loan agreements are complete and accurate. Monitors existing loan portfolios to identify risks, ensure compliance, and support timely repayment. May specialize in one product line (auto, personal, etc.) or may be diversified. Requires a bachelor's degree. Typically reports to a manager. Occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. Typically requires 2-4 years of related experience.

5. What industry pays the highest salary for Consumer Loan Officer II?

The Financial Services industry offers the highest average compensation for Consumer Loan Officer II roles, with salaries approximately 40% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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