How Much Does a Consumer Loan Processor Make in New Mexico?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Consumer Loan Processor in New Mexico is $40,124. While Salary.com is seeing that Consumer Loan Processor salary in NM can go up to $48,483 or down to $31,003, but most earn between $35,350 and $44,499. 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
$52,000
New Mexico
Per Year
Entry Consumer Loan Processor
$40,500
New Mexico
Per Year
Intermediate Consumer Loan Processor
$44,500
New Mexico
Per Year
Loan Processor I
$40,441
New Mexico
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
Sunward
Supervisor, Consumer Loan Service
$62,493/yr
$56,434
$68,551
RANGE: $56,434 - $68,551
Sunward Federal Credit Union
Supervisor, Consumer Loan Service
$62,493/yr
$56,434
$68,551
RANGE: $56,434 - $68,551
SANDIA AREA FEDERAL CREDIT UNION
INDIRECT LOAN PROCESSOR
$50,483/yr
$45,788
$55,177
RANGE: $45,788 - $55,177
First American Bank
Mortgage Loan Processor (Artesia)
$51,483/yr
$46,299
$56,666
RANGE: $46,299 - $56,666
First American Bank
Mortgage Loan Processor (LC)
$50,855/yr
$45,735
$55,975
RANGE: $45,735 - $55,975
Ask Staffing
Consumer Loan Processor - Assistant
$52,427/yr
$47,268
$57,585
RANGE: $47,268 - $57,585
TEKsystems
Consumer Loan Processor
$62,909/yr
$56,447
$69,371
RANGE: $56,447 - $69,371
UNITED FEDERAL CREDIT UNION
Consumer Loan Operations Processor
$63,521/yr
$57,538
$69,504
RANGE: $57,538 - $69,504
Fox Communities Credit Union
CONSUMER LOAN PROCESSOR I
$55,368/yr
$49,920
$60,816
RANGE: $49,920 - $60,816
Stillman Bank Corp NA
Commercial / Consumer Loan Processor
$55,031/yr
$49,616
$60,446
RANGE: $49,616 - $60,446

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Top 10 Highest Paying Cities For Consumer Loan Processor Jobs in New Mexico

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 New Mexico. 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 New Mexico. Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho. The Consumer Loan Processor salary is $40,938 in Santa Fe, which is lower than the national average. There is 0 city's Consumer Loan Processor salary higher than national average in New Mexico.
The average salary for a Consumer Loan Processor in New Mexico is $40,124, but we found that the city with the highest salary for Consumer Loan Processor jobs is Santa Fe, NM, and it is higher than Albuquerque. Consumer Loan Processor jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Santa Fe $40,938 $3,412 $787 $20
Albuquerque $40,730 $3,394 $783 $20
Rio Rancho $40,600 $3,383 $781 $20
Farmington $40,184 $3,349 $773 $19
Clovis $38,690 $3,224 $744 $19
Alamogordo $38,642 $3,220 $743 $19
Hobbs $38,326 $3,194 $737 $18
Roswell $37,992 $3,166 $731 $18
Sunland Park $37,724 $3,144 $725 $18
Las Cruces $37,529 $3,127 $722 $18

What Does a Consumer Loan Processor Do?

The loan processor is responsible for prepping and organizing the file and getting it over to the bank or.
Updated November 08, 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

Frequently Asked Questions About a Consumer Loan Processor Salaries

What is the average of a Consumer Loan Processor in New Mexico?

The Consumer Loan Processor salary range is from $35,350 to $44,499, and the average Consumer Loan Processor salary is $40,124/year in New Mexico. 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.