Related Job Titles to Consumer Loan Processor

Senior Consumer Loan Processor
$63,000
New York, NY
Per Year
Entry Consumer Loan Processor
$49,300
New York, NY
Per Year
Intermediate Consumer Loan Processor
$54,100
New York, NY
Per Year
Loan Processor I
$49,206
New York, NY
Per Year

Similar Job Salaries to Consumer Loan Processor by Company

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Company average base salary in (usd) range
Suffolk Federal Credit Union
Consumer Loan Processor & Servicer
$49,923/yr
$43,972
$55,875
RANGE: $43,972 - $55,875
Suffolk Credit Union
Consumer Loan Processor & Servicer
$49,923/yr
$43,972
$55,875
RANGE: $43,972 - $55,875
GHS Federal Credit Union
Loan Processor
$77,331/yr
$64,283
$90,379
RANGE: $64,283 - $90,379
$54,984/yr
$48,255
$61,714
RANGE: $48,255 - $61,714
Wealthy Recruiting
Loan Processor
$56,668/yr
$49,563
$63,774
RANGE: $49,563 - $63,774
Express Capital Financing
Loan Processor
$54,984/yr
$48,255
$61,714
RANGE: $48,255 - $61,714
$95,709/yr
$81,429
$109,990
RANGE: $81,429 - $109,990
PREMIUM MORTGAGE CORPORATION
Mortgage Loan Processor I
$48,334/yr
$42,210
$54,457
RANGE: $42,210 - $54,457
Madison Mortgage Services Inc.
Mortgage Loan Processor
$50,190/yr
$43,731
$56,649
RANGE: $43,731 - $56,649

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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 New York, NY?

The Consumer Loan Processor salary range is from $43,101 to $54,371, and the average Consumer Loan Processor salary is $48,810/year in New York, NY. 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.