How Much Does a Consumer Loan Processor Make in California?

Updated April 24, 2024
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Individually reported data submitted by users of our website

Low Confidence
$46,093/yr
Average Base Pay
Low $40,703
Average $46,093
High $51,345
The average salary for Consumer Loan Processor is $46,093 per year in California.

Related Job Titles to Consumer Loan Processor

Senior Consumer Loan Processor
$59,500
California
Per Year
Entry Consumer Loan Processor
$46,500
California
Per Year
Intermediate Consumer Loan Processor
$51,100
California
Per Year
Loan Processor I
$46,468
California
Per Year

Similar Job Salaries to Consumer Loan Processor by Company

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Company average base salary in (usd) range
Frontwave Credit Union
Consumer Loan Processor (Onsite)
$48,737/yr
$42,927
$54,547
RANGE: $42,927 - $54,547
Opportunities
Loan Processor - Consumer
$50,471/yr
$44,454
$56,488
RANGE: $44,454 - $56,488
Pacific Premier Bank
Loan Processor - Consumer
$50,471/yr
$44,454
$56,488
RANGE: $44,454 - $56,488
WESTAMERICA BANK
Loan Processor - Consumer Payment
$72,931/yr
$63,628
$82,234
RANGE: $63,628 - $82,234
Riverfront Communities
Loan Processor
$49,618/yr
$43,545
$55,691
RANGE: $43,545 - $55,691
The Hartford Gold Group
Loan Processor
$51,736/yr
$45,404
$58,068
RANGE: $45,404 - $58,068
$60,125/yr
$52,938
$67,312
RANGE: $52,938 - $67,312
OneMain Financial
Consumer Loan Sales Specialist
$229,145/yr
$192,008
$266,282
RANGE: $192,008 - $266,282
Global Placement Firm
Consumer Loan Officer
$369,153/yr
$288,119
$450,186
RANGE: $288,119 - $450,186
Global Placement Firm
Consumer Lending Loan Representative
$369,153/yr
$288,119
$450,186
RANGE: $288,119 - $450,186

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Top 10 Highest Paying Cities For Consumer Loan Processor Jobs in California

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Consumer Loan Processor 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 Loan Processor job salaries in California. Some cities can pay higher salaries for Consumer Loan Processor jobs, which can indicate that there is a large demand for Consumer Loan Processor positions in this city.
The following table shows top 10 cities where the Consumer Loan Processor salary is higher than other cities in California. San Jose takes first place in this list, followed by Santa Clara, Fremont. The Consumer Loan Processor salary is $52,445 in San Jose, which is higher than the national average. There are 76 cities' Consumer Loan Processor salary higher than national average in California.
The average salary for a Consumer Loan Processor in California is $46,093, but we found that the city with the highest salary for Consumer Loan Processor jobs is San Jose, CA, and it is higher than Santa Clara. Consumer Loan Processor jobs in San Jose can have the opportunity to earn higher salaries than in other cities in California.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
San Jose $52,445 $4,370 $1,009 $25
Santa Clara $52,445 $4,370 $1,009 $25
Fremont $52,362 $4,363 $1,007 $25
San Francisco $52,236 $4,353 $1,005 $25
Daly City $52,236 $4,353 $1,005 $25
Berkeley $50,983 $4,249 $980 $25
Oakland $50,983 $4,249 $980 $25
Hayward $50,899 $4,242 $979 $24
Antioch $48,141 $4,012 $926 $23
Vallejo $47,013 $3,918 $904 $23

What Does a Consumer Loan Processor Do?

As a loan processor you have to be very OCD and meticulous on everything from loan opening to loan closing.
Updated December 12, 2021
In certain credit sale or loan transactions, a consumer may reduce the dollar amount of the payments to be made during the transaction by agreeing to make, at the end of the loan term, a large final payment based on the expected residual value of the property.
Updated November 22, 2021
If the names and mailing addresses of all consumers applying for the credit do not fit in the space allocated on the Loan Estimate, an additional page with that information may be appended to the end of the form.
Updated November 19, 2021
For a loan with a negative amortization feature, the regular periodic payment does not take into account the possibility that the consumer may exercise an option to make a payment greater than the scheduled periodic payment specified under the terms of the loan contract, if any.
Updated October 28, 2021
We expect the power of the LBS to mean more loans per month for MLOs, and when business booms, wemlo loan processors are only a click away from supporting that bursting pipeline, noted.
Updated October 22, 2021

Frequently Asked Questions About a Consumer Loan Processor Salaries

What is the average of a Consumer Loan Processor in California?

The Consumer Loan Processor salary range is from $40,703 to $51,345, and the average Consumer Loan Processor salary is $46,093/year in California. 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 $52,445 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.