As of August 01, 2026, the average salary for a Consumer Loan Officer in Utah is $54,497 per year, which breaks down to an hourly rate of $26.
However, a Consumer Loan Officer's salary can vary significantly. Here’s a look at the typical salary range:
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A Consumer Loan Officer'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 and company size can directly affect your earning potential.
Experience is a primary driver of a Consumer Loan Officer'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:
| Levels | Salary |
|---|---|
| Consumer ... Level Consumer Loan Officer | $47,079 |
| Consumer ... Level Consumer Loan Officer | $52,495 |
| Consumer ... Level Consumer Loan Officer | $61,647 |
| Consumer ... Level Consumer Loan Officer | $95,526 |
| Consumer ... Level Consumer Loan Officer | $111,285 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Consumer Loan Officers. For example, consider the average annual salaries in these key locations:
For Consumer Loan Officer 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 as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $76,296 | $37.0 | 40% |
| Edu., Gov't. & Nonprofit | $59,947 | $29.0 | 10% |
Understanding how a Consumer Loan Officer'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, 2026Ready to take the next step in your career? Browse thousands of current Consumer Loan Officer job openings on our job board. Use the search bar below to find your perfect match.
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