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As of August 01, 2026, the average salary for a Consumer Loan Processor in Indiana is $42,109 per year, which breaks down to an hourly rate of $20.
However, a Consumer Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:
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Consumer Loan Processor Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $44,946 | $3,745 | $864 | $22 |
| Average | $42,109 | $3,509 | $810 | $20 |
| 25th Percentile | $38,731 | $3,228 | $745 | $19 |
Regional Federal Credit Union - Crown Point, IN
Springs Valley Bank & Trust Company - Jasper, IN
Via Credit Union - Marion, IN
Beacon Credit Union - Kokomo, IN
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 and company size can directly affect your earning potential.
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:
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:
For Consumer Loan Processor roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 10% above the average. Conversely, Consumer Loan Processor positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Consumer Loan Processor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $46,320 | $22.0 | 10% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $44,946 | $3,745 | $864 | $22 |
| Average | $42,109 | $3,509 | $810 | $20 |
| 25th Percentile | $38,731 | $3,228 | $745 | $19 |
Ready to take the next step in your career? Browse thousands of current Consumer Loan Processor job openings on our job board. Use the search bar below to find your perfect match.
Beacon Credit Union
New Albany, IN
Beacon Credit Union | New Albany, IN
Job Description. Job Description. Note: We are filling one Mortgage Loan Processor opening at the credit union. This position could be based at various Bea... more
9 Days Ago
Republic Finance
Indianapolis, IN
Republic Finance | Indianapolis, IN
Sr. Consumer Loan SpecialistAre you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back t... more
8 Days Ago
Republic Finance
Merrillville, IN
Republic Finance | Merrillville, IN
Sr. Consumer Loan Specialist. Are you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back... more
8 Days Ago
Republic Finance
Carmel, IN
Republic Finance | Carmel, IN
Sr. Consumer Loan Specialist. Are you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back... more
10 Days Ago
SB Financial Group Inc.
Fishers, IN
SB Financial Group Inc. | Fishers, IN
Job Description. Job Description. Education. Associate degree in business or related field normally required. specialized loan processing. education/traini... more
7 Days Ago
Loomis US
LIHUE, HI
Loomis US | LIHUE, HI
As an Armed Driving Coin Processor , you work with your team to maintain inventory in our cash vaults for our Loomis customers *Starting Pay Rate: $26.00 p... more
6 Days Ago
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