Consumer Direct Loan Officer Salaries in Racine, WI
How Much Does a Consumer Direct Loan Officer Make in Racine, WI?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Consumer Direct Loan Officer in Racine, WI is $53,437.
While Salary.com is seeing that Consumer Direct Loan Officer salary in Racine, WI can go up to $62,297
or down to $42,012, but most earn between $47,457 and $58,074.
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 |
|---|---|---|
|
Cornerstone Capital Bank
Consumer Direct Loan Officer
|
$73,348/yr
|
RANGE: $62,649 - $84,047
|
|
Mutual of Omaha Mortgage
Experienced Loan Officer - Consumer Direct
|
$76,995/yr
|
RANGE: $64,062 - $89,927
|
|
New American Funding
Sr. Loan Officer (Consumer Direct)
|
$119,991/yr
|
RANGE: $91,444 - $148,538
|
What Does a Consumer Direct Loan Officer Do?
A lender, including an officer, agent, or employee of the lender, who accepts insurance under this subchapter as protection for a loan:.
Updated December 05, 2021
If you have an older federal loan made by a private lender, you may need to consolidate your loans using federal direct consolidation loan in order to enroll in an income-driven repayment plan with the lowest monthly payment.
Updated September 24, 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
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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 Racine, WI?
The Consumer Direct Loan Officer salary range is from $47,457 to $58,074, and the average Consumer Direct Loan Officer salary is $53,437/year in Racine, WI.
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.
