As of March 01, 2025, the average annual salary for a Consumer Loan Officer III in Illinois is $68,437. Salary.com reports that pay typically ranges from $61,220 to $76,947, with most professionals earning between $54,650 and $84,695.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $75,217 | $6,268 | $1,446 | $36 |
| Average | $66,898 | $5,575 | $1,287 | $32 |
| 25th Percentile | $59,844 | $4,987 | $1,151 | $29 |
An entry-level Consumer Loan Officer III with under 1 year experience makes about $65,291. With less than 2 years of experience, a mid-level Consumer Loan Officer III makes around $65,504. After 2-4 years, the Consumer Loan Officer III pay rises to about $68,261. Those senior Consumer Loan Officer III with 5-8 years of experience earn roughly $71,775, and those Consumer Loan Officer III having 8 years or more experience are expected to earn about $72,026 on average.
| Levels | Salary |
|---|---|
| Entry Level Consumer Loan Officer III | $65,291 |
| Intermediate Level Consumer Loan Officer III | $65,504 |
| Senior Level Consumer Loan Officer III | $68,261 |
| Specialist Level Consumer Loan Officer III | $71,775 |
| Expert Level Consumer Loan Officer III | $72,026 |
| Entry Level | 2% |
| Mid Level | 2% |
| Senior Level | 2% |
| Top Level | 7% |
| Experienced | 8% |
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Consumer Loan Officer III salary varies from city to city. Compared with national average salary of Consumer Loan Officer III, the highest Consumer Loan Officer III salary is in San Francisco, CA, where the Consumer Loan Officer III salary is 25.0% above. The lowest Consumer Loan Officer III salary is in Miami, FL, where the Consumer Loan Officer III salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $83,623 |
25.0%
|
| Washington, DC | $74,458 |
11.3%
|
| Miami, FL | $64,557 |
|
| Chicago, IL | $70,176 |
4.9%
|
| Boston, MA | $74,993 |
12.1%
|
| New York, NY | $78,137 |
16.8%
|
