How Much Does a Consumer Direct Loan Officer Make in Duluth, MN?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Consumer Direct Loan Officer in Duluth, MN is $52,663. While Salary.com is seeing that Consumer Direct Loan Officer salary in Duluth, MN can go up to $61,397 or down to $41,406, but most earn between $46,771 and $57,235. 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
Consumer Loan Officer II
$49,287
Duluth, MN
Per Year
Consumer Loan Officer III
$58,979
Duluth, MN
Per Year
Consumer Loan Officer I
$44,318
Duluth, MN
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Consumer Loan Officer
$54,149
Duluth, MN
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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
The EMAC Group
Consumer Direct Loan Officer
$73,743/yr
$65,807
$81,679
RANGE: $65,807 - $81,679
Mutual of Omaha Mortgage
Experienced Loan Officer - Consumer Direct
$62,925/yr
$55,962
$69,888
RANGE: $55,962 - $69,888
New American Funding
Sr. Loan Officer - Consumer Direct
$64,792/yr
$58,083
$71,501
RANGE: $58,083 - $71,501
valon
Consumer Direct Mortgage Loan Officer
$73,743/yr
$65,807
$81,679
RANGE: $65,807 - $81,679
TalentAssistants.com
Consumer Direct - Residential Mortgage Loan Officer
$81,069/yr
$72,493
$89,645
RANGE: $72,493 - $89,645
Citizens
Virtual HM Consumer Direct Loan Officer
$64,607/yr
$57,578
$71,635
RANGE: $57,578 - $71,635
Mayo Employees Federal Credit Union
Consumer Loan Processor
$57,371/yr
$51,726
$63,017
RANGE: $51,726 - $63,017

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What Does a Consumer Direct Loan Officer Do?

The Encompass LOS allows loan officers to access everything they need to originate and close more loans, in less time, from any location.
Updated November 15, 2021
Can create those nearly instant responses to borrower inquiries required in the consumer direct model.
Updated November 07, 2021
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

Frequently Asked Questions About a Consumer Direct Loan Officer Salaries

What is the average of a Consumer Direct Loan Officer in Duluth, MN?

The Consumer Direct Loan Officer salary range is from $46,771 to $57,235, and the average Consumer Direct Loan Officer salary is $52,663/year in Duluth, MN. 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 $69,249 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.