Business Loan Consultant Salaries in Rhode Island
How Much Does a Business Loan Consultant Make in Rhode Island?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Business Loan Consultant in Rhode Island is $59,917.
While Salary.com is seeing that Business Loan Consultant salary in RI can go up to $76,122
or down to $44,143, but most earn between $51,660 and $68,399.
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
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Similar Job Salaries to Business Loan Consultant by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Insight Global
Business Development Consultant
|
$92,198/yr
|
RANGE: $82,795 - $101,601
|
|
Highmark Health
Business Analyst Consultant
|
$106,334/yr
|
RANGE: $97,187 - $115,480
|
|
Primary Residential Mortgage
Loan Officer
|
$79,470/yr
|
RANGE: $71,414 - $87,526
|
|
Beeline Loans
Loan Officer
|
$63,579/yr
|
RANGE: $57,342 - $69,816
|
|
Wells Fargo
Lead Business Execution Consultant - Loan IQ (LIQ)
|
$89,531/yr
|
RANGE: $81,502 - $97,560
|
|
Rhode Island Housing
Loan Accounting Specialist
|
$50,713/yr
|
RANGE: $46,353 - $55,072
|
|
Builders Capital
Loan Officer - Hybrid
|
$76,444/yr
|
RANGE: $68,357 - $84,531
|
|
Primary Residential Mortgage
Loan Officer Outside Sales
|
$76,348/yr
|
RANGE: $68,271 - $84,425
|
|
People's Credit Union
Loan Servicing Representative I
|
$57,632/yr
|
RANGE: $51,852 - $63,413
|
Top 10 Highest Paying Cities For Business Loan Consultant Jobs in Rhode Island
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 Rhode Island.
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 Rhode Island.
Westerly takes first place in this list, followed by Tiverton, Newport.
The Business Loan Consultant salary is $61,165 in Westerly,
which is higher than the national average. There are 12 cities' Business Loan Consultant salary higher than national average in Rhode Island.
The average salary for a Business Loan Consultant in Rhode Island is $59,917,
but we found that the city with the highest salary for Business Loan Consultant jobs is Westerly, RI, and it is higher than Tiverton.
Business Loan Consultant jobs in Westerly can have the opportunity to earn higher salaries than in other cities in Rhode Island.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Westerly | $61,165 | $5,097 | $1,176 | $29 |
| Tiverton | $60,917 | $5,076 | $1,171 | $29 |
| Newport | $60,547 | $5,046 | $1,164 | $29 |
| Narragansett | $60,529 | $5,044 | $1,164 | $29 |
| Providence | $59,888 | $4,991 | $1,152 | $29 |
| Warwick | $59,888 | $4,991 | $1,152 | $29 |
| Cranston | $59,888 | $4,991 | $1,152 | $29 |
| Pawtucket | $59,888 | $4,991 | $1,152 | $29 |
| East Providence | $59,888 | $4,991 | $1,152 | $29 |
| Cumberland | $59,888 | $4,991 | $1,152 | $29 |
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
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Explore JobArchitectFrequently Asked Questions About a Business Loan Consultant Salaries
What is the average of a Business Loan Consultant in Rhode Island?
The Business Loan Consultant salary range is from $51,660 to $68,399, and the average Business Loan Consultant salary is $59,917/year in Rhode Island.
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 San Jose, CA is $72,891
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.
