Consumer Loan Processor Salaries in the United States
How Much Does a Consumer Loan Processor Make?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Consumer Loan Processor in the United States is $43,325.
While Salary.com is seeing that Consumer Loan Processor salary in the US can go up to $52,349
or down to $33,477, but most earn between $38,170 and $48,049.
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 Loan Processor
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Similar Job Salaries to Consumer Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Mass Bay Credit Union
Consumer Loan Processor
|
$77,284/yr
|
RANGE: $66,929 - $87,639
|
|
People's Credit Union
Consumer Loan Processor
|
$72,803/yr
|
RANGE: $63,048 - $82,558
|
|
Glacier Bancorp
Consumer Loan Processor
|
$51,899/yr
|
RANGE: $45,580 - $58,218
|
|
First Financial Federal Credit Union
Consumer Loan Processor
|
$104,723/yr
|
RANGE: $87,130 - $122,316
|
|
Goldenwest Branding
Consumer Loan Processor
|
$65,564/yr
|
RANGE: $56,779 - $74,349
|
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Spirit of Alaska Federal Credit Union
Consumer Loan Processor
|
$70,528/yr
|
RANGE: $60,714 - $80,342
|
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Bravera
Consumer Loan Processor
|
$63,157/yr
|
RANGE: $54,369 - $71,945
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S3 Shared Services
Consumer Loan Processor
|
$64,682/yr
|
RANGE: $55,681 - $73,683
|
|
Nebraska Energy Federal Credit Union
Consumer Loan Processor
|
$58,455/yr
|
RANGE: $50,321 - $66,589
|
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Filer Credit Union
Consumer Loan Processor
|
$97,826/yr
|
RANGE: $81,105 - $114,547
|
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
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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 $38,170 to $48,049, and the average Consumer Loan Processor salary is $43,325/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 $54,372
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
$35,307
Yearly
A Consumer Loan Processor in Saint Charles, MO reported making $35,307 per year
Saint Charles, MO
6 - 1,000 employees
Full-Time
Company - Private
$3,860
Monthly
A Consumer Loan Processor in Muskogee, OK reported making $3,860 per month
Muskogee, OK
1,000 - 3,000 employees
Full-Time
Company - Public
$52,866
Yearly
A Consumer Loan Processor in Tallahassee, FL reported making $52,866 per year
Tallahassee, FL
100 - 200 employees
Full-Time
Company - Private
$49,479
Yearly
A Consumer Loan Processor in Lakeville, MN reported making $49,479 per year
Lakeville, MN
200 - 6 employees
Full-Time
Company - Private
$25
Hourly
A Consumer Loan Processor in Summerville, SC reported making $25 per hour
Summerville, SC
3,000 - 7,6 employees
Part-Time
Company - Public
