How Much Does a Business Loan Consultant Make in Kentucky?

Updated May 01, 2025
As of May 01, 2025, the average annual pay of Business Loan Consultant in Kentucky is $55,034. While Salary.com is seeing that Business Loan Consultant salary in KY can go up to $69,680 or down to $40,738, but most earn between $47,551 and $62,700. 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 Business Loan Consultant
Loan Consultant
$50,083
Kentucky
Per Year
Business Loan Underwriter
$60,667
Kentucky
Per Year
Business Loan Officer
$89,866
Kentucky
Per Year
Business Loan Broker
$56,410
Kentucky
Per Year
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Similar Job Salaries to Business Loan Consultant by Company

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Company average base salary in (usd) range
Ashland Credit Union
Mortgage and Business Loan Originator
$81,437/yr
$65,154
$97,719
RANGE: $65,154 - $97,719
First Southern National Bank
Loan and Business Development
$71,784/yr
$60,866
$82,701
RANGE: $60,866 - $82,701
Community Trust Bank
Business Loan Specialist
$65,572/yr
$54,715
$76,429
RANGE: $54,715 - $76,429
PNC Financial Services Group
Loan Support Consultant - Multifamily Capital
$60,911/yr
$52,325
$69,497
RANGE: $52,325 - $69,497
PNC
Loan Support Consultant - Multifamily Capital
$60,911/yr
$52,325
$69,497
RANGE: $52,325 - $69,497
Lensa
Business Consultant
$104,157/yr
$92,041
$116,274
RANGE: $92,041 - $116,274
Lendmark Financial Services
Customer Service Representative (Loan Consultant I)
$50,456/yr
$43,927
$56,985
RANGE: $43,927 - $56,985
Lendmark Financial Services, LLC
Customer Service Representative (Loan Consultant II)
$56,760/yr
$49,324
$64,197
RANGE: $49,324 - $64,197
Engbrecht Agency
Business Development Consultant
$96,131/yr
$81,256
$111,006
RANGE: $81,256 - $111,006
Servpro Industries, LLC
Franchise Business Consultant
$116,249/yr
$95,878
$136,620
RANGE: $95,878 - $136,620

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Top 10 Highest Paying Cities For Business Loan Consultant Jobs in Kentucky

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Loan Consultant can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Loan Consultant job salaries in Kentucky. Some cities can pay higher salaries for Business Loan Consultant jobs, which can indicate that there is a large demand for Business Loan Consultant positions in this city.
The following table shows top 10 cities where the Business Loan Consultant salary is higher than other cities in Kentucky. Covington takes first place in this list, followed by Louisville, Owensboro. The Business Loan Consultant salary is $56,829 in Covington, which is lower than the national average. There is 0 city's Business Loan Consultant salary higher than national average in Kentucky.
The average salary for a Business Loan Consultant in Kentucky is $55,034, but we found that the city with the highest salary for Business Loan Consultant jobs is Covington, KY, and it is higher than Louisville. Business Loan Consultant jobs in Covington can have the opportunity to earn higher salaries than in other cities in Kentucky.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Covington $56,829 $4,736 $1,093 $27
Louisville $55,928 $4,661 $1,076 $27
Owensboro $55,045 $4,587 $1,059 $26
Lexington $54,139 $4,512 $1,041 $26
Richmond $53,653 $4,471 $1,032 $26
Frankfort $53,466 $4,456 $1,028 $26
Bowling Green $53,227 $4,436 $1,024 $26
Hopkinsville $52,636 $4,386 $1,012 $25

What Does a Business Loan Consultant Do?

Although this mainly applies to mortgage loan officers, some states require you to pass a test and obtain learning credits to do business as a financial consultant.
Updated December 22, 2021
Working in a bank, in sales or for another financial service for a number of years will also increase your chances of employment as a loan consultant and increase your salary or commissions.
Updated December 21, 2021
Navigating bank paperwork and compiling comprehensive financial records demands time, energy, and attention to detail, and a loan consultant, mentor, or specialist can provide the guidance or expertise you need to successfully apply for an SBA loan.
Updated December 20, 2021
In order to be successful at this competitive job, a small business loan consultant needs to be adept at understanding finances, solving problems and communicating options to clients.
Updated December 16, 2021
An SBA loan for your business might seem like an ideal financing solution—and the most challenging to secure.
Updated December 14, 2021

Frequently Asked Questions About a Business Loan Consultant Salaries

What is the average of a Business Loan Consultant in Kentucky?

The Business Loan Consultant salary range is from $47,551 to $62,700, and the average Business Loan Consultant salary is $55,034/year in Kentucky. The Business Loan Consultant's salary will change in different locations.

Which location pays the highest Business Loan Consultant salary in the United States?

The Business Loan Consultant salary in Santa Clara, CA is $73,766 which is the highest in the US.

What kinds of reasons will influence the Business Loan Consultant'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 Business Loan Consultant.

What is the growth rate of the Business Loan Consultant's salary?

If you are thinking of becoming a Business Loan Consultant or planning the next step in your career, find the detailed salary report of a Business Loan Consultant.