What are the main factors that influence a Consumer Loan Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change a Consumer Loan Processor's salary?

A Consumer Loan Processor's salary grows with experience: starting around $43,873 for beginners, reaching about $44,912 at mid-level, and approach $45,146 for experts.

What are the highest paying states for a Consumer Loan Processor?

Consumer Loan Processor salary varies significantly by state. The top 3 highest paying states for Consumer Loan Processor roles are District of Columbia $48,577, California $48,392, Massachusetts $47,747. These tech hubs typically pay 10-15% above the national average.

How much do different types of Consumer Loan Processor roles make?

Salaries for Consumer Loan Processor level roles vary by specialization: Consumer Loan Manager: $102,500; Consumer Loan Officer III: $65,984; Senior Consumer Loan Processor: $59,300; Loan Processor III: $59,222; Consumer Loan Officer II: $56,171.

How do different companies affect a Consumer Loan Processor's salary?

Company size, industry, and compensation structure create significant salary variations for Consumer Loan Processor roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Consumer Loan Processor Salary in the United States

How much does a Consumer Loan Processor make in the United States?

As of January 01, 2026, the average salary for a Consumer Loan Processor in the United States is $43,873 per year, which breaks down to an hourly rate of $21.

However, a Consumer Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $49,520
Majority Range (25th-75th percentile): $40,359 to $46,829
Entry-Level (10th percentile): $37,160

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Consumer Loan Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$46,829	$3,902	$901	$23
Average	$43,873	$3,656	$844	$21
25th Percentile	$40,359	$3,363	$776	$19

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Key Factors That Influence Consumer Loan Processor Salaries

A Consumer Loan Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Experience Level Affects Consumer Loan Processor Salaries?

Experience is a primary driver of a Consumer Loan Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $43,873
Early Career (1-2 years): $44,211
Mid-Level (2-4 years): $44,912
Senior-Level (5-8 years): $45,053
Expert (over 8 years): $45,146

Levels	Salary
Entry Level Consumer Loan Processor	$43,873
Intermediate Level Consumer Loan Processor	$44,211
Senior Level Consumer Loan Processor	$44,912
Specialist Level Consumer Loan Processor	$45,053
Expert Level Consumer Loan Processor	$45,146

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What Am I Worth?

How Do Consumer Loan Processor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Consumer Loan Processors. For example, consider the average annual salaries in these key locations:

District of Columbia: $48,577.
California: $48,392.
Massachusetts: $47,747.

District of Columbia $48,577 California $48,392 Massachusetts $47,747 Washington $47,572 New Jersey $47,554 Alaska $47,493 Connecticut $46,888 New York $46,642

Hawaii $45,856 Rhode Island $45,488 Maryland $45,238 Minnesota $44,896 Colorado $44,764 Illinois $44,720 Oregon $44,553 Delaware $44,431

New Hampshire $44,353 Virginia $44,181 Pennsylvania $43,676 Nevada $43,422 North Dakota $43,338 Michigan $43,207 Wisconsin $43,158 Vermont $43,062

Texas $42,794 Maine $42,777 Arizona $42,750 Ohio $42,720 Georgia $42,316 Indiana $42,114 Wyoming $42,075 Utah $42,013

Iowa $41,987 Kansas $41,776 Louisiana $41,715 North Carolina $41,693 Missouri $41,684 Florida $41,513 Montana $41,421 Nebraska $41,333

Kentucky $41,285 South Carolina $41,109 Tennessee $41,000 Idaho $40,956 New Mexico $40,636 Oklahoma $40,565 Alabama $40,306 South Dakota $39,872

Arkansas $39,635 West Virginia $39,508 Mississippi $39,126

Top Paying Cities for Consumer Loan Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $55,338
San Francisco: $54,793
Oakland: $53,578

San Jose, CA $55,338

San Francisco, CA $54,793

Oakland, CA $53,578

New York, NY $50,845

Queens Village, NY $50,516

Paramus, NJ $50,165

Passaic, NJ $50,121

Bergenfield, NJ $50,077

Stamford, CT $50,011

Huntington, NY $49,967

Newark, NJ $49,682

Bridgeport, CT $49,594

New Brunswick, NJ $49,450

Vallejo, CA $49,358

Middlesex, NJ $49,331

Somerset, NJ $49,292

Petaluma, CA $49,191

Santa Cruz, CA $49,020

Boston, MA $48,932

Monterey, CA $48,713

Fairbanks, AK $48,682

Los Angeles, CA $48,599

Washington, DC $48,577

Seattle, WA $48,498

Santa Rosa, CA $48,489

Juneau, AK $48,362

Orange, CA $48,217

Anchorage, AK $48,138

Anaheim, CA $48,107

Santa Ana, CA $48,041

Nassau, NY $48,015

Long Beach, CA $47,997

Danbury, CT $47,984

Santa Maria, CA $47,835

Everett, WA $47,826

Bremerton, WA $47,611

Trenton, NJ $47,528

Sacramento, CA $47,511

San Diego, CA $47,489

Brockton, MA $47,471

Tacoma, WA $47,453

Santa Barbara, CA $47,392

Lowell, MA $47,217

New Suffolk, NY $47,199

Nashua, NH $47,146

Lompoc, CA $47,076

Ventura, CA $47,032

Stockton, CA $47,019

New Haven, CT $46,931

Atlantic City, NJ $46,817

Hartford, CT $46,721

Modesto, CA $46,699

Poughkeepsie, NY $46,602

New Britain, CT $46,580

Olympia, WA $46,519

Kennewick, WA $46,519

New London, CT $46,510

Norwich, CT $46,497

Lawrence, MA $46,475

Bakersfield, CA $46,352

Riverside, CA $46,291

New Bedford, MA $46,291

Richland, WA $46,247

Portsmouth, NH $46,212

Vineland, NJ $46,203

San Bernardino, CA $46,168

Boulder, CO $46,045

Worcester, MA $46,010

Portland, OR $45,971

Saint Paul, MN $45,918

Minneapolis, MN $45,918

Philadelphia, PA $45,856

Honolulu, HI $45,624

Springfield, MA $45,470

Providence, RI $45,466

Chicago, IL $45,339

Bellingham, WA $45,286

Baltimore, MD $45,238

Chico, CA $45,128

Wilmington, DE $45,054

Pittsfield, MA $45,010

Manchester, NH $44,926

Spokane, WA $44,733

Denver, CO $44,729

Albany, NY $44,523

Troy, NY $44,505

Schenectady, NY $44,413

Burlington, VT $44,317

Portland, ME $44,163

Salem, OR $44,128

Yakima, WA $44,119

Ann Arbor, MI $44,106

Rochester, MN $43,983

Fresno, CA $43,961

Reno, NV $43,961

Milwaukee, WI $43,922

Detroit, MI $43,878

Allentown, PA $43,865

Carson City, NV $43,860

Houston, TX $43,794

Colorado Springs, CO $43,790

Syracuse, NY $43,768

Eugene, OR $43,685

Bismarck, ND $43,632

Gary, IN $43,632

Galveston, TX $43,632

Springfield, OR $43,597

Medford, OR $43,492

Fort Collins, CO $43,474

Austin, TX $43,439

Mesa, AZ $43,347

Phoenix, AZ $43,338

Dallas, TX $43,325

Reading, PA $43,299

Saint Cloud, MN $43,281

Concord, NH $43,242

Madison, WI $43,224

Utica, NY $43,106

Raleigh, NC $43,071

Las Vegas, NV $43,066

Rochester, NY $43,035

Des Moines, IA $43,031

Atlanta, GA $42,961

Battle Creek, MI $42,948

Salt Lake City, UT $42,935

Lancaster, PA $42,869

Champaign, IL $42,860

Harrisburg, PA $42,807

Durham, NC $42,768

Kansas City, MO $42,763

Kansas City, KS $42,755

Fort Worth, TX $42,750

Boca Raton, FL $42,733

Cleveland, OH $42,728

Columbus, OH $42,720

Pittsburgh, PA $42,715

Richmond, VA $42,698

Indianapolis, IN $42,689

Cincinnati, OH $42,632

Petersburg, VA $42,566

Billings, MT $42,469

Lansing, MI $42,469

Huntsville, AL $42,469

Lebanon, PA $42,465

Dayton, OH $42,461

Pueblo, CO $42,461

Appleton, WI $42,448

Buffalo, NY $42,430

Racine, WI $42,408

Charlotte, NC $42,404

Saint Louis, MO $42,390

Springfield, IL $42,373

Elkhart, IN $42,364

York, PA $42,364

Gastonia, NC $42,360

Benton Harbor, MI $42,360

Beaumont, TX $42,333

Lorain, OH $42,325

Toledo, OH $42,307

Binghamton, NY $42,285

Rock Hill, SC $42,281

Rockford, IL $42,259

Fargo, ND $42,237

Elyria, OH $42,237

Flagstaff, AZ $42,206

Fort Lauderdale, FL $42,180

Miami, FL $42,154

Duluth, MN $42,083

Bangor, ME $42,026

Cedar Rapids, IA $41,978

Louisville, KY $41,956

Grand Rapids, MI $41,947

Hialeah, FL $41,943

Casper, WY $41,882

Scranton, PA $41,829

New Orleans, LA $41,816

Virginia Beach, VA $41,811

Akron, OH $41,789

Peoria, IL $41,732

Sarasota, FL $41,724

Green Bay, WI $41,693

Baton Rouge, LA $41,671

Charleston, SC $41,662

Nashville, TN $41,649

Jamestown, NY $41,640

Davenport, IA $41,640

Tucson, AZ $41,618

Cheyenne, WY $41,605

Saint Petersburg, FL $41,592

Tampa, FL $41,583

Omaha, NE $41,574

Port Arthur, TX $41,557

Evansville, IN $41,557

Bradenton, FL $41,539

Santa Fe, NM $41,460

Orlando, FL $41,416

Clearwater, FL $41,368

Canton, OH $41,276

La Crosse, WI $41,276

Grand Forks, ND $41,263

Albuquerque, NM $41,250

Tulsa, OK $41,250

Newport News, VA $41,245

High Point, NC $41,232

Ogden, UT $41,215

Corpus Christi, TX $41,180

Laramie, WY $41,153

Norfolk, VA $41,153

Rock Island, IL $41,127

Saginaw, MI $41,118

Jacksonville, FL $41,114

Salisbury, NC $41,105

Memphis, TN $41,096

Moline, IL $41,074

Fort Myers, FL $41,061

Waterloo, IA $41,004

Spartanburg, SC $40,960

Lincoln, NE $40,938

Fort Wayne, IN $40,929

Birmingham, AL $40,881

Cedar Falls, IA $40,872

Provo, UT $40,868

Springfield, OH $40,864

San Antonio, TX $40,855

Greensboro, NC $40,837

South Bend, IN $40,833

Winston Salem, NC $40,829

Boise, ID $40,815

Savannah, GA $40,785

Muskegon, MI $40,706

Lima, OH $40,653

Lake Charles, LA $40,636

Anderson, IN $40,627

Lexington, KY $40,614

Augusta, GA $40,600

Greenville, SC $40,600

Wichita, KS $40,561

Tuscaloosa, AL $40,561

Columbia, SC $40,521

Bloomington, IN $40,412

Roanoke, VA $40,385

Asheville, NC $40,328

Knoxville, TN $40,254

Shreveport, LA $40,249

Wilmington, NC $40,192

Frankfort, KY $40,109

Oklahoma City, OK $40,078

Chillicothe, OH $40,061

Longview, TX $40,056

Topeka, KS $40,043

Mobile, AL $39,977

Terre Haute, IN $39,960

Erie, PA $39,956

Altoona, PA $39,934

Melbourne, FL $39,920

Amarillo, TX $39,903

Killeen, TX $39,890

Fayetteville, AR $39,855

Sioux Falls, SD $39,824

Chattanooga, TN $39,798

Idaho Falls, ID $39,793

Gainesville, FL $39,701

Portsmouth, OH $39,679

Little Rock, AR $39,670

Lynchburg, VA $39,670

Lafayette, LA $39,653

Youngstown, OH $39,653

Temple, TX $39,635

Daytona Beach, FL $39,626

Clarksville, TN $39,622

Pensacola, FL $39,618

Hopkinsville, KY $39,486

Charleston, WV $39,482

Florence, SC $39,460

Sioux City, IA $39,433

Macon, GA $39,306

Tallahassee, FL $39,302

Fayetteville, NC $39,293

Waco, TX $39,284

Wichita Falls, TX $39,284

Pine Bluff, AR $39,267

Vincennes, IN $39,183

Lubbock, TX $39,166

Great Falls, MT $39,139

Alamogordo, NM $39,135

Abilene, TX $39,100

Rapid City, SD $39,043

Monroe, LA $39,043

Albany, GA $39,017

Huntington, WV $39,012

Jackson, MS $39,008

Greenville, MS $39,003

Parkersburg, WV $38,960

Montgomery, AL $38,951

Johnstown, PA $38,942

Springfield, MO $38,907

Biloxi, MS $38,885

Sumter, SC $38,793

Columbus, GA $38,788

Twin Falls, ID $38,762

Pascagoula, MS $38,705

Kingsport, TN $38,591

Gulfport, MS $38,578

Alexandria, LA $38,433

Fort Smith, AR $38,323

El Paso, TX $38,205

Helena, MT $38,148

Las Cruces, NM $38,008

Harlingen, TX $37,885

Pocatello, ID $37,845

Florence, AL $37,832

Brownsville, TX $37,823

Dothan, AL $37,753

Mcallen, TX $37,731

Columbus, MS $37,406

Altus, OK $37,205

Lawton, OK $37,121

Pierre, SD $36,963

What Skills Can Increase a Consumer Loan Processor's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 10.13% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.88% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.35% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	10.13%
Data Entry	2.88%
Loan Review	1.35%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Consumer Loan Processor's salary.

Listening: Can increase your salary by up to 38%.
Leadership: Can increase your salary by up to 28%.
Pricing: Can increase your salary by up to 18%.

Skill	Salary	Salary % Increase
Listening	$60,545	38%
Leadership	$56,158	28%
Pricing	$51,771	18%
Underwriting	$49,577	13%
Coordination	$47,822	9%
Verbal Communication	$47,383	8%

Get Latest Data

How Education impacts a Consumer Loan Processor's Salary?

Your level of education can impact your salary potential. While many Consumer Loan Processors enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Consumer Loan Processor with a High School Diploma or Technical Certificate is between $39,683 and $42,442).

Consumer Loan Processor Salaries by Degree Level

Typical Education for Consumer Loan Processor

No Diploma 2.7%

High School 34.5%

Associates 15.9%

Bachelors 45.1%

Masters 1.8%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	2.7%
High School	34.5%
Associates	15.9%
Bachelors	45.1%
Masters	1.8%
Doctorate	0.0%

view as graph

Consumer Loan Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Consumer Loan Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on January 01, 2026

$40,359

Average $43,873/year

$46,829

$3,363

Average $3,656/month

$3,902

$776

Average $844/week

$901

$19

Average $21/hour

$23

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$46,829	$3,902	$901	$23
Average	$43,873	$3,656	$844	$21
25th Percentile	$40,359	$3,363	$776	$19

Salaries of jobs related to Consumer Loan Processor

Salary Trends for Consumer Loan Processor

Salaries for a Consumer Loan Processor can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $41,638 in 2023 to around $41,437 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Consumer Loan Processor salary trends, .

Average Annual Salary of Consumer Loan Processor Over Time

2022

$???

2023

$41,638

2024

$41,678

2025

$41,437

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$41,638
2024	$41,678
2025	$41,437
2026	View More
2027	View More

Most common benefits for Consumer Loan Processor

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Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

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