Consumer Loan Specialist Salaries in Maryland
How Much Does a Consumer Loan Specialist Make in Maryland?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Consumer Loan Specialist in Maryland is $68,429.
While Salary.com is seeing that Consumer Loan Specialist salary in MD can go up to $83,651
or down to $53,498, but most earn between $60,613 and $76,397.
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 Specialist
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Similar Job Salaries to Consumer Loan Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
The Job Network
Consumer Loan Sales Specialist
|
$83,254/yr
|
RANGE: $72,023 - $94,484
|
|
OneMain Financial
Consumer Loan Sales Specialist
|
$163,160/yr
|
RANGE: $106,320 - $220,000
|
|
OneMain Financial
Consumer Loan Sales Specialist - Competitive Compensation Program (Apply in minutes)
|
$119,576/yr
|
RANGE: $96,782 - $142,370
|
|
New American Funding
Sr. Loan Officer - Consumer Direct
|
$112,327/yr
|
RANGE: $85,603 - $139,051
|
|
NASA Federal Credit Union
Consumer Loan Servicing Team Lead II
|
$67,366/yr
|
RANGE: $57,214 - $77,518
|
|
NASA FCU
Consumer Loan Servicing Team Lead II
|
$72,292/yr
|
RANGE: $60,678 - $83,906
|
|
AI Lending
Loan Specialist
|
$62,913/yr
|
RANGE: $53,493 - $72,333
|
Top 10 Highest Paying Cities For Consumer Loan Specialist Jobs in Maryland
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Consumer Loan Specialist 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 Specialist job salaries in Maryland.
Some cities can pay higher salaries for Consumer Loan Specialist jobs, which can indicate that there is a large demand for Consumer Loan Specialist positions in this city.
The following table shows top 10 cities where the Consumer Loan Specialist salary is higher than other cities in Maryland.
Silver Spring takes first place in this list, followed by Bethesda, Potomac.
The Consumer Loan Specialist salary is $73,872 in Silver Spring,
which is higher than the national average. There are 15 cities' Consumer Loan Specialist salary higher than national average in Maryland.
The average salary for a Consumer Loan Specialist in Maryland is $68,429,
but we found that the city with the highest salary for Consumer Loan Specialist jobs is Silver Spring, MD, and it is higher than Bethesda.
Consumer Loan Specialist jobs in Silver Spring can have the opportunity to earn higher salaries than in other cities in Maryland.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Silver Spring | $73,872 | $6,156 | $1,421 | $36 |
| Bethesda | $73,872 | $6,156 | $1,421 | $36 |
| Potomac | $73,872 | $6,156 | $1,421 | $36 |
| Rockville | $73,805 | $6,150 | $1,419 | $35 |
| Bowie | $73,739 | $6,145 | $1,418 | $35 |
| Waldorf | $73,673 | $6,139 | $1,417 | $35 |
| Gaithersburg | $73,673 | $6,139 | $1,417 | $35 |
| Germantown | $71,681 | $5,973 | $1,378 | $34 |
| Frederick | $71,283 | $5,940 | $1,371 | $34 |
| Baltimore | $68,230 | $5,686 | $1,312 | $33 |
What Does a Consumer Loan Specialist Do?
Additionally, the consumer loan officer’s superiors may request justifications for an approval or denial.
Updated December 22, 2021
This program addresses the consumer lending decision and making sense of each step by covering the application process, financial statement analysis, credit analysis, loan structure, compliance, documentation procedures and closing.
Updated December 16, 2021
– The CFPB oversees consumer lending activities, ensuring that loan terms are fair and that consumers are not offered more than they are able to pay back.
Updated December 15, 2021
This ensures compliance with lending guidelines, while also providing a record of the approval or rejection process if the customer has questions about the consumer loan officer’s reasoning or determinations.
Updated December 14, 2021
The SAFE Mortgage Licensing Act is designed to enhance consumer protection and reduce fraud by encouraging states to establish minimum standards for the licensing and registration of state-licensed mortgage loan originators and for the.
Updated December 11, 2021
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Explore JobArchitectFrequently Asked Questions About a Consumer Loan Specialist Salaries
What is the average of a Consumer Loan Specialist in Maryland?
The Consumer Loan Specialist salary range is from $60,613 to $76,397, and the average Consumer Loan Specialist salary is $68,429/year in Maryland.
The Consumer Loan Specialist's salary will change in different locations.
Which location pays the highest Consumer Loan Specialist salary in the United States?
The Consumer Loan Specialist salary in San Jose, CA is $83,296
which is the highest in the US.
What kinds of reasons will influence the Consumer Loan Specialist'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 Specialist.
What is the growth rate of the Consumer Loan Specialist's salary?
If you are thinking of becoming a Consumer Loan Specialist or planning the next step in your career, find the detailed salary report of a Consumer Loan Specialist.
