Consumer Loan Processor Salaries in Indiana
How Much Does a Consumer Loan Processor Make in Indiana?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Consumer Loan Processor in Indiana is $41,584.
While Salary.com is seeing that Consumer Loan Processor salary in IN can go up to $50,247
or down to $32,132, but most earn between $36,636 and $46,118.
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 |
|---|---|---|
|
Regional Federal Credit Union
Consumer Loan Processor
|
$56,914/yr
|
RANGE: $51,314 - $62,514
|
|
Farmers And Mechanics Federal Savings Bank
Loan Processor
|
$53,381/yr
|
RANGE: $48,007 - $58,755
|
|
Wayne Bank & Trust Co
LOAN PROCESSOR
|
$55,711/yr
|
RANGE: $50,102 - $61,319
|
|
Logansport Savings Bank
Loan Processor
|
$53,456/yr
|
RANGE: $48,075 - $58,838
|
|
TEKsystems
Consumer Loan Processor
|
$62,909/yr
|
RANGE: $56,447 - $69,371
|
|
Ask Staffing
Consumer Loan Processor - Assistant
|
$52,427/yr
|
RANGE: $47,268 - $57,585
|
|
Creative Financial Staffing
Consumer Loan Processor
|
$52,980/yr
|
RANGE: $48,815 - $57,146
|
|
UNITED FEDERAL CREDIT UNION
Consumer Loan Operations Processor
|
$63,521/yr
|
RANGE: $57,538 - $69,504
|
|
TEXELL CREDIT UNION
Consumer Loan Processor
|
$51,700/yr
|
RANGE: $46,613 - $56,787
|
|
Fox Communities Credit Union
CONSUMER LOAN PROCESSOR I
|
$55,368/yr
|
RANGE: $49,920 - $60,816
|
Top 10 Highest Paying Cities For Consumer Loan Processor Jobs in Indiana
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 Indiana.
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 Indiana.
Hammond takes first place in this list, followed by Gary, Indianapolis.
The Consumer Loan Processor salary is $43,083 in Hammond,
which is lower than the national average. There is 0 city's Consumer Loan Processor salary higher than national average in Indiana.
The average salary for a Consumer Loan Processor in Indiana is $41,584,
but we found that the city with the highest salary for Consumer Loan Processor jobs is Hammond, IN, and it is higher than Gary.
Consumer Loan Processor jobs in Hammond can have the opportunity to earn higher salaries than in other cities in Indiana.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Hammond | $43,083 | $3,590 | $829 | $21 |
| Gary | $43,083 | $3,590 | $829 | $21 |
| Indianapolis | $42,151 | $3,513 | $811 | $20 |
| Greenwood | $42,134 | $3,511 | $810 | $20 |
| Carmel | $42,099 | $3,508 | $810 | $20 |
| Lafayette | $41,891 | $3,491 | $806 | $20 |
| Elkhart | $41,831 | $3,486 | $804 | $20 |
| Evansville | $41,034 | $3,419 | $789 | $20 |
| Fort Wayne | $40,414 | $3,368 | $777 | $19 |
| South Bend | $40,319 | $3,360 | $775 | $19 |
What Does a Consumer Loan Processor Do?
Assuming the loan is approved, the processor will receive a list of prior-to-document conditions (PTDs) that must be met before loan documents are released by the bank.
Updated October 12, 2021
(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
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Explore JobArchitectFrequently Asked Questions About a Consumer Loan Processor Salaries
What is the average of a Consumer Loan Processor in Indiana?
The Consumer Loan Processor salary range is from $36,636 to $46,118, and the average Consumer Loan Processor salary is $41,584/year in Indiana.
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 $54,641
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.
