How Much Does a Consumer Loan Processor Make in Chattanooga, TN?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Consumer Loan Processor in Chattanooga, TN is $39,382. While Salary.com is seeing that Consumer Loan Processor salary in Chattanooga, TN can go up to $47,586 or down to $30,431, but most earn between $34,697 and $43,676. 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
Senior Consumer Loan Processor
$52,500
Chattanooga, TN
Per Year
Entry Consumer Loan Processor
$39,800
Chattanooga, TN
Per Year
Intermediate Consumer Loan Processor
$43,600
Chattanooga, TN
Per Year
Loan Processor I
$39,707
Chattanooga, TN
Per Year
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Similar Job Salaries to Consumer Loan Processor by Company

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Company average base salary in (usd) range
CrossCountry Mortgage
Loan Processor
$58,471/yr
$50,351
$66,591
RANGE: $50,351 - $66,591
NVR Inc
Loan Processor
$60,529/yr
$52,124
$68,935
RANGE: $52,124 - $68,935
OneMain Holdings Inc
Consumer Loan Sales Specialist
$96,866/yr
$78,148
$115,585
RANGE: $78,148 - $115,585
OneMain Financial
Consumer Loan Sales Specialist
$145,225/yr
$94,633
$195,817
RANGE: $94,633 - $195,817
People's Credit Union
Consumer Loan Processor
$72,803/yr
$63,048
$82,558
RANGE: $63,048 - $82,558
United Federal Credit Union
Consumer Loan Operations Processor
$71,767/yr
$61,751
$81,783
RANGE: $61,751 - $81,783
Mayo Employees Federal Credit Union
Consumer Loan Processor
$63,729/yr
$54,861
$72,597
RANGE: $54,861 - $72,597
Regional Federal Credit Union
Consumer Loan Processor
$63,475/yr
$54,642
$72,307
RANGE: $54,642 - $72,307
First Basin Credit Union
Consumer Loan Processor
$56,231/yr
$48,407
$64,056
RANGE: $48,407 - $64,056
Credit Union 1
Consumer Loan Processor
$0/yr
$0
$0
RANGE: $0 - $0

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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

Frequently Asked Questions About a Consumer Loan Processor Salaries

What is the average of a Consumer Loan Processor in Chattanooga, TN?

The Consumer Loan Processor salary range is from $34,697 to $43,676, and the average Consumer Loan Processor salary is $39,382/year in Chattanooga, TN. 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.