How Much Does a Consumer Loan Specialist Make in Rochester, NY?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Consumer Loan Specialist in Rochester, NY is $64,852. While Salary.com is seeing that Consumer Loan Specialist salary in Rochester, NY can go up to $79,276 or down to $50,698, but most earn between $57,443 and $72,402. 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
Consumer Loan Collector III
$51,175
Rochester, NY
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Consumer Loan Collector I
$40,157
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Consumer Loan Collector II
$44,354
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Loan Servicing Specialist I - Consumer Loans
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Similar Job Salaries to Consumer Loan Specialist by Company

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Company average base salary in (usd) range
OneMain Financial
Consumer Loan Sales Specialist
$69,826/yr
$56,286
$83,365
RANGE: $56,286 - $83,365
$83,408/yr
$71,558
$95,258
RANGE: $71,558 - $95,258
OneMain Financial
Consumer loan specialist
$117,940/yr
$77,270
$158,611
RANGE: $77,270 - $158,611
ClickJobs.io
Consumer Loan Sales Specialist
$95,640/yr
$72,490
$118,790
RANGE: $72,490 - $118,790
Heights Finance Corporation
Consumer Loan Specialist
$62,415/yr
$54,427
$70,402
RANGE: $54,427 - $70,402

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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

Frequently Asked Questions About a Consumer Loan Specialist Salaries

What is the average of a Consumer Loan Specialist in Rochester, NY?

The Consumer Loan Specialist salary range is from $57,443 to $72,402, and the average Consumer Loan Specialist salary is $64,852/year in Rochester, NY. 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 $82,712 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.