Related Job Titles to Consumer Loan Processor

Senior Consumer Loan Processor
$58,000
Knights Landing, CA
Per Year
Entry Consumer Loan Processor
$45,300
Knights Landing, CA
Per Year
Intermediate Consumer Loan Processor
$49,800
Knights Landing, CA
Per Year
Loan Processor I
$45,288
Knights Landing, CA
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
WESTAMERICA BANK
Loan Processor - Consumer Payment
$72,931/yr
$63,628
$82,234
RANGE: $63,628 - $82,234
TEKsystems
Loan processor
$83,348/yr
$68,191
$98,505
RANGE: $68,191 - $98,505
$90,582/yr
$76,319
$104,845
RANGE: $76,319 - $104,845
Colonial Metals Group
Loan Processor
$52,442/yr
$46,024
$58,861
RANGE: $46,024 - $58,861
$52,442/yr
$46,024
$58,861
RANGE: $46,024 - $58,861
Amwest Funding
Loan Processor
$53,806/yr
$47,059
$60,552
RANGE: $47,059 - $60,552
The Hartford Gold Group
Loan Processor
$51,736/yr
$45,404
$58,068
RANGE: $45,404 - $58,068
WESTAMERICA BANK
LOAN PROCESSOR III
$55,802/yr
$48,888
$62,716
RANGE: $48,888 - $62,716
Coast Central Credit Union
Mortgage Loan Services Processor
$72,884/yr
$59,328
$86,439
RANGE: $59,328 - $86,439

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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 Knights Landing, CA?

The Consumer Loan Processor salary range is from $39,669 to $50,041, and the average Consumer Loan Processor salary is $44,923/year in Knights Landing, CA. 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.