Auto Loan Processor Salaries in Illinois
How Much Does an Auto Loan Processor Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Auto Loan Processor in Illinois is $48,493.
While Salary.com is seeing that Auto Loan Processor salary in IL can go up to $57,631
or down to $38,145, but most earn between $43,077 and $53,276.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Auto Loan Processor
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Similar Job Salaries to Auto Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
VirtualVocations
Loan Processor
|
$59,537/yr
|
RANGE: $53,544 - $65,530
|
|
Invigorate Finance
Loan Processor
|
$60,046/yr
|
RANGE: $54,001 - $66,090
|
|
AmeriHome Mortgage Company, LLC
Loan Processor
|
$54,911/yr
|
RANGE: $49,384 - $60,438
|
|
American Community Bank & Trust
Commercial Loan Processor
|
$56,789/yr
|
RANGE: $51,448 - $62,130
|
|
LIFESTONE MORTGAGE CORPORATION
Contract loan processor
|
$63,665/yr
|
RANGE: $57,228 - $70,103
|
|
Busey
Mortgage Loan Processor
|
$47,071/yr
|
RANGE: $42,830 - $51,312
|
|
The Federal Savings Bank
Consumer Loan Processor
|
$59,140/yr
|
RANGE: $53,321 - $64,959
|
|
FIRST COMMUNITY CREDIT UNION
Direct Loan Processor
|
$41,083/yr
|
RANGE: $37,601 - $44,566
|
|
FIRST COMMUNITY CREDIT UNION
Loan Processor Specialist
|
$55,967/yr
|
RANGE: $50,332 - $61,601
|
|
Scott Credit Union
Mortgage Loan Processor II
|
$56,323/yr
|
RANGE: $50,652 - $61,995
|
Top 10 Highest Paying Cities For Auto Loan Processor Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Auto Loan Processor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Auto Loan Processor job salaries in Illinois.
Some cities can pay higher salaries for Auto Loan Processor jobs, which can indicate that there is a large demand for Auto Loan Processor positions in this city.
The following table shows top 10 cities where the Auto Loan Processor salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Auto Loan Processor salary is $49,164 in Chicago,
which is higher than the national average. There are 20 cities' Auto Loan Processor salary higher than national average in Illinois.
The average salary for an Auto Loan Processor in Illinois is $48,493,
but we found that the city with the highest salary for Auto Loan Processor jobs is Chicago, IL, and it is higher than Cicero.
Auto Loan Processor jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $49,164 | $4,097 | $945 | $24 |
| Cicero | $49,164 | $4,097 | $945 | $24 |
| Oak Park | $49,164 | $4,097 | $945 | $24 |
| Evanston | $49,145 | $4,095 | $945 | $24 |
| Skokie | $49,145 | $4,095 | $945 | $24 |
| Oak Lawn | $49,107 | $4,092 | $944 | $24 |
| Des Plaines | $49,031 | $4,086 | $943 | $24 |
| Mount Prospect | $48,993 | $4,083 | $942 | $24 |
| Aurora | $48,783 | $4,065 | $938 | $23 |
| Hoffman Estates | $48,741 | $4,062 | $937 | $23 |
What Does an Auto Loan Processor Do?
The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay.
Updated December 22, 2021
While Loan Officers are responsible for generating loan business and taking the initial loan application, Loan Processors typically do the hard work of double checking the paperwork, correcting any errors, and corresponding with the underwriter to make sure the loan is approved.
Updated November 09, 2021
Our training for how to become a mortgage loan processor is designed by people who have been loan processors for years, so you get the benefit of their experience on how to become a mortgage loan processor.
Updated October 23, 2021
Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction.
Updated December 16, 2021
The Loan Processor then works with the Mortgage Underwriter to get and/or verify any additional information needed to approve the loan.
Updated December 15, 2021
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Explore JobArchitectFrequently Asked Questions About an Auto Loan Processor Salaries
What is the average of an Auto Loan Processor in Illinois?
The Auto Loan Processor salary range is from $43,077 to $53,276, and the average Auto Loan Processor salary is $48,493/year in Illinois.
The Auto Loan Processor's salary will change in different locations.
Which location pays the highest Auto Loan Processor salary in the United States?
The Auto Loan Processor salary in San Jose, CA is $60,006
which is the highest in the US.
What kinds of reasons will influence the Auto Loan Processor's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Auto Loan Processor.
What is the growth rate of the Auto Loan Processor's salary?
If you are thinking of becoming an Auto Loan Processor or planning the next step in your career, find the detailed salary report of an Auto Loan Processor.
