Hourly Wage for Consumer Loan Processor Salaries in the United States
How Much Does a Consumer Loan Processor Make?
Updated March 26, 2024
Filter
SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
SELECT CITY
SELECT CITY
Individually reported data submitted by users of our website
Low Confidence
$41,691/yr
Average Base Pay
Low $36,814
Average $41,691
High $46,441
The average salary for Consumer Loan Processor is $41,691 per year in the United States.
Related Job Titles to Consumer Loan Processor
Similar Job Salaries to Consumer Loan Processor by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Hawaii State Federal Credit Union
Consumer Loan Processor Associate
|
$47,346/yr
|
RANGE: $41,703 - $52,989
|
|
Suffolk Federal Credit Union
Consumer Loan Processor & Servicer
|
$49,804/yr
|
RANGE: $43,868 - $55,740
|
|
Cornerstone Financial Credit Union
Consumer Loan Processor
|
$57,264/yr
|
RANGE: $47,679 - $66,850
|
|
Harleysville Bank
Consumer Loan Processor (Opener)
|
$51,401/yr
|
RANGE: $45,033 - $57,770
|
|
New England Federal Credit Union
Consumer Loan Processor
|
$51,652/yr
|
RANGE: $44,087 - $59,217
|
|
TEXELL CREDIT UNION
Consumer Loan Processor (onsite)
|
$44,803/yr
|
RANGE: $39,252 - $50,353
|
|
MidWestOne Bank
Consumer Loan Processor
|
$43,653/yr
|
RANGE: $38,380 - $48,927
|
|
Assemblies Of God Credit Union
Consumer Loan Processor
|
$45,091/yr
|
RANGE: $39,823 - $50,359
|
|
CRAWFORD CO TRUST & SAVINGS BANK
Loan Processor/Consumer Lender
|
$71,574/yr
|
RANGE: $60,433 - $82,714
|
What Does a Consumer Loan Processor Do?
(Loan Processor Trainee) - (Pulte Mortgage) Loan Processor (Experienced) + Mortgage Banking 1 (MB1) Trainee Program (No Experience) -- Denver, CO salaries in Englewood, CO.
Updated December 21, 2021
A fee, such as an origination or other loan closing cost, that is waived by the creditor on the condition that the consumer does not prepay the loan.
Updated December 21, 2021
Except for consumer loan officers, who spend most of their time in offices, these workers may travel to visit clients.
Updated December 20, 2021
No individual may act as a loan processor or underwriter who is an independent contractor, or employed by an independent contractor without first obtaining a mortgage loan originator license under this act, with the exception of exempt companies, which we will discuss in the next section.
Updated December 14, 2021
It seems like the loan processor has a fair amount of paperwork to do, especially the ones at a brokerage, since they liaison with the account managers at the banks.
Updated December 13, 2021
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Consumer Loan Processor Salaries
What is the average of a Consumer Loan Processor in the United States?
The Consumer Loan Processor salary range is from $36,814 to $46,441, and the average Consumer Loan Processor salary is $41,691/year in the United States.
The Consumer Loan Processor's salary will change in different locations.
Which location pays the highest Consumer Loan Processor salary in the United States?
The Consumer Loan Processor salary in San Jose, CA is $52,323
which is the highest in the US.
What kinds of reasons will influence the Consumer Loan Processor'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 Loan Processor.
What is the growth rate of the Consumer Loan Processor's salary?
If you are thinking of becoming a Consumer Loan Processor or planning the next step in your career, find the detailed salary report of a Consumer Loan Processor.
Recent Salary Report
Below are the most recent Consumer Loan Processor salary reports. Employer name has been removed to protect anonymity.
$25
Hourly
A Consumer Loan Processor in Poughkeepsie, NY reported making $25 per hour
Poughkeepsie, NY
7,6 - 15,000 employees
Part-Time
Company - Public
$34,105
Yearly
A Consumer Loan Processor in Saint Charles, MO reported making $34,105 per year
Saint Charles, MO
6 - 1,000 employees
Full-Time
Company - Private
$3,724
Monthly
A Consumer Loan Processor in Muskogee, OK reported making $3,724 per month
Muskogee, OK
1,000 - 3,000 employees
Full-Time
Company - Public
$51,307
Yearly
A Consumer Loan Processor in Tallahassee, FL reported making $51,307 per year
Tallahassee, FL
100 - 200 employees
Full-Time
Company - Private
$47,885
Yearly
A Consumer Loan Processor in Lakeville, MN reported making $47,885 per year
Lakeville, MN
200 - 6 employees
Full-Time
Company - Private
$24
Hourly
A Consumer Loan Processor in Summerville, SC reported making $24 per hour
Summerville, SC
3,000 - 7,6 employees
Part-Time
Company - Public
