Consumer Direct Loan Officer Salaries in the United States
How Much Does a Consumer Direct Loan Officer Make?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Consumer Direct Loan Officer in the United States is $54,863.
While Salary.com is seeing that Consumer Direct Loan Officer salary in the US can go up to $63,960
or down to $43,133, but most earn between $48,723 and $59,625.
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 Consumer Direct Loan Officer
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Similar Job Salaries to Consumer Direct Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
New American Funding
Sr. Loan Officer - Consumer Direct
|
$76,595/yr
|
RANGE: $65,267 - $87,922
|
|
Mutual of Omaha Mortgage
Experienced Loan Officer - Consumer Direct
|
$76,759/yr
|
RANGE: $63,866 - $89,652
|
What Does a Consumer Direct Loan Officer Do?
The Direct Loan program and many private lenders offer an interest rate reduction for those who set up direct debit.
Updated December 19, 2021
For example, the Direct Loan program provides a 0.25% rate reduction which could result in substantial savings over the life of the loan.
Updated December 13, 2021
Many private lenders offer USDA Guaranteed Loans which, unlike USDA Direct Loans, are not subject to loan limits.
Updated December 10, 2021
USDA Single-Family Direct Loans finance modest single-family homes, and only borrowers with very low or low incomes can qualify.
Updated December 07, 2021
Software and other apps to provide a web-based lending experience, where traditional retail lenders use loan officers to work directly with the borrower on their loan.
Updated December 06, 2021
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Explore JobArchitectFrequently Asked Questions About a Consumer Direct Loan Officer Salaries
What is the average of a Consumer Direct Loan Officer in the United States?
The Consumer Direct Loan Officer salary range is from $48,723 to $59,625, and the average Consumer Direct Loan Officer salary is $54,863/year in the United States.
The Consumer Direct Loan Officer's salary will change in different locations.
Which location pays the highest Consumer Direct Loan Officer salary in the United States?
The Consumer Direct Loan Officer salary in San Jose, CA is $68,854
which is the highest in the US.
What kinds of reasons will influence the Consumer Direct Loan Officer'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 Consumer Direct Loan Officer.
What is the growth rate of the Consumer Direct Loan Officer's salary?
If you are thinking of becoming a Consumer Direct Loan Officer or planning the next step in your career, find the detailed salary report of a Consumer Direct Loan Officer.
Recent Salary Report
Below are the most recent Consumer Direct Loan Officer salary reports. Employer name has been removed to protect anonymity.
$50,600
Yearly
A Consumer Direct Loan Officer in Appleton, WI reported making $50,600 per year
Appleton, WI
6 - 1,000 employees
Full-Time
Company - Private
$64,034
Yearly
A Consumer Direct Loan Officer in Sheridan, WY reported making $64,034 per year
Sheridan, WY
200 - 6 employees
Full-Time
Company - Private
$5,106
Monthly
A Consumer Direct Loan Officer in Cedar Falls, IA reported making $5,106 per month
Cedar Falls, IA
1,000 - 3,000 employees
Full-Time
Company - Public
$57,756
Yearly
A Consumer Direct Loan Officer in Grand Rapids, MI reported making $57,756 per year
Grand Rapids, MI
100 - 200 employees
Full-Time
Company - Private
$31
Hourly
A Consumer Direct Loan Officer in Carlsbad, CA reported making $31 per hour
Carlsbad, CA
3,000 - 7,6 employees
Part-Time
Company - Public
$25
Hourly
A Consumer Direct Loan Officer in Kalamazoo, MI reported making $25 per hour
Kalamazoo, MI
7,6 - 15,000 employees
Part-Time
Company - Public
