Consumer Lending Underwriter Salaries in Illinois
How Much Does a Consumer Lending Underwriter Make in Illinois?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Consumer Lending Underwriter in Illinois is $74,900.
While Salary.com is seeing that Consumer Lending Underwriter salary in IL can go up to $94,846
or down to $55,073, but most earn between $64,522 and $85,341.
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 Lending Underwriter
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Similar Job Salaries to Consumer Lending Underwriter by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Dime Community Bank
UNDERWRITER - RESIDENTIAL & CONSUMER LENDING
|
$80,851/yr
|
RANGE: $72,670 - $89,032
|
|
Scott Credit Union
Consumer Lending Indirect Manager
|
$120,499/yr
|
RANGE: $108,907 - $132,091
|
|
Midland States Bank
Consumer Lending and Sales Manager
|
$101,438/yr
|
RANGE: $90,067 - $112,809
|
|
NuMark Credit Union
Consumer Loan Underwriter
|
$65,392/yr
|
RANGE: $58,231 - $72,552
|
|
CIBC Bank USA
Associate Portfolio Manager and Underwriter - Asset Based Lending
|
$111,500/yr
|
RANGE: $99,417 - $123,583
|
|
Ally
Consumer Underwriter
|
$79,463/yr
|
RANGE: $71,999 - $86,926
|
|
1st National Bank Of Waterloo
Underwriter
|
$78,632/yr
|
RANGE: $71,912 - $85,352
|
|
CrossCover Insurance Services
Underwriter
|
$72,678/yr
|
RANGE: $65,739 - $79,618
|
|
Lake Michigan Credit Union
Small Business Lending Underwriter
|
$88,386/yr
|
RANGE: $80,365 - $96,407
|
|
First US Bank
Indirect Lending Credit Underwriter
|
$90,889/yr
|
RANGE: $80,958 - $100,820
|
Top 10 Highest Paying Cities For Consumer Lending Underwriter Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Consumer Lending Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Consumer Lending Underwriter job salaries in Illinois.
Some cities can pay higher salaries for Consumer Lending Underwriter jobs, which can indicate that there is a large demand for Consumer Lending Underwriter positions in this city.
The following table shows top 10 cities where the Consumer Lending Underwriter salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Evanston.
The Consumer Lending Underwriter salary is $76,804 in Chicago,
which is higher than the national average. There are 20 cities' Consumer Lending Underwriter salary higher than national average in Illinois.
The average salary for a Consumer Lending Underwriter in Illinois is $74,900,
but we found that the city with the highest salary for Consumer Lending Underwriter jobs is Chicago, IL, and it is higher than Cicero.
Consumer Lending Underwriter jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $76,804 | $6,400 | $1,477 | $37 |
| Cicero | $76,804 | $6,400 | $1,477 | $37 |
| Evanston | $76,804 | $6,400 | $1,477 | $37 |
| Oak Park | $76,804 | $6,400 | $1,477 | $37 |
| Skokie | $76,804 | $6,400 | $1,477 | $37 |
| Oak Lawn | $76,730 | $6,394 | $1,476 | $37 |
| Des Plaines | $76,584 | $6,382 | $1,473 | $37 |
| Mount Prospect | $76,511 | $6,376 | $1,471 | $37 |
| Aurora | $76,145 | $6,345 | $1,464 | $37 |
| Hoffman Estates | $76,145 | $6,345 | $1,464 | $37 |
What Does a Consumer Lending Underwriter Do?
If you are thinking of becoming a CONSUMER LOAN UNDERWRITER or planning the next step in your career, find details about.
Updated December 22, 2021
If you are passionate about lending and are ready for a challenging yet rewarding career in a tight knit team atmosphere, then apply today! Duties: Maintain awareness of current trends in consumer credit financing.
Updated December 14, 2021
This individual will process, underwrite, and fund a full range of indirect and consumer loans within lending authority limits.
Updated December 13, 2021
Underwrite, a full range of indirect and direct consumer loans within lending authority limits; evaluate background information including employment history, credit history and debt to income ratio of applicants for consumer loans, lines of credit, and VISA credit cards.
Updated November 24, 2021
A four year college degree is preferred and commensurate level of language, math and reasoning skills. In addition, one year of Consumer Lending experience is preferred.
Updated November 06, 2021
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Explore JobArchitectFrequently Asked Questions About a Consumer Lending Underwriter Salaries
What is the average of a Consumer Lending Underwriter in Illinois?
The Consumer Lending Underwriter salary range is from $64,522 to $85,341, and the average Consumer Lending Underwriter salary is $74,900/year in Illinois.
The Consumer Lending Underwriter's salary will change in different locations.
Which location pays the highest Consumer Lending Underwriter salary in the United States?
The Consumer Lending Underwriter salary in San Jose, CA is $91,886
which is the highest in the US.
What kinds of reasons will influence the Consumer Lending Underwriter'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 Lending Underwriter.
What is the growth rate of the Consumer Lending Underwriter's salary?
If you are thinking of becoming a Consumer Lending Underwriter or planning the next step in your career, find the detailed salary report of a Consumer Lending Underwriter.
