Indirect Loan Officer Salaries in Illinois
How Much Does an Indirect Loan Officer Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Indirect Loan Officer in Illinois is $55,963.
While Salary.com is seeing that Indirect Loan Officer salary in IL can go up to $65,244
or down to $44,000, but most earn between $49,701 and $60,821.
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 Indirect Loan Officer
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Similar Job Salaries to Indirect Loan Officer by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Associated Banc-Corp
Loan Review Officer I - Indirect Auto
|
$87,060/yr
|
RANGE: $79,632 - $94,487
|
|
Associated Bank - Corp
Loan Review Officer I - Indirect Auto
|
$87,060/yr
|
RANGE: $79,632 - $94,487
|
|
Acadia Federal Credit Union
Indirect Loan Officer
|
$60,473/yr
|
RANGE: $53,851 - $67,095
|
|
The First National Bank of Bemidji
Indirect Loan Officer
|
$55,266/yr
|
RANGE: $48,996 - $61,536
|
|
Westmark Credit Union
Indirect Loan Officer
|
$57,864/yr
|
RANGE: $51,527 - $64,200
|
|
Geneva Financial LLC
Loan Officer
|
$78,481/yr
|
RANGE: $70,525 - $86,437
|
|
Mutual of Omaha Mortgage
Loan Officer
|
$58,438/yr
|
RANGE: $52,705 - $64,170
|
|
First National Bank of Ava
Loan Officer
|
$73,481/yr
|
RANGE: $66,032 - $80,930
|
|
Lennar Mortgage
Loan Officer
|
$78,166/yr
|
RANGE: $70,242 - $86,090
|
Top 10 Highest Paying Cities For Indirect Loan Officer Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where an Indirect Loan Officer can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Indirect Loan Officer job salaries in Illinois.
Some cities can pay higher salaries for Indirect Loan Officer jobs, which can indicate that there is a large demand for Indirect Loan Officer positions in this city.
The following table shows top 10 cities where the Indirect Loan Officer salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Indirect Loan Officer salary is $56,737 in Chicago,
which is higher than the national average. There are 20 cities' Indirect Loan Officer salary higher than national average in Illinois.
The average salary for an Indirect Loan Officer in Illinois is $55,963,
but we found that the city with the highest salary for Indirect Loan Officer jobs is Chicago, IL, and it is higher than Cicero.
Indirect Loan Officer jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $56,737 | $4,728 | $1,091 | $27 |
| Cicero | $56,737 | $4,728 | $1,091 | $27 |
| Oak Park | $56,737 | $4,728 | $1,091 | $27 |
| Evanston | $56,715 | $4,726 | $1,091 | $27 |
| Skokie | $56,715 | $4,726 | $1,091 | $27 |
| Oak Lawn | $56,671 | $4,723 | $1,090 | $27 |
| Des Plaines | $56,583 | $4,715 | $1,088 | $27 |
| Mount Prospect | $56,539 | $4,712 | $1,087 | $27 |
| Aurora | $56,298 | $4,691 | $1,083 | $27 |
| Hoffman Estates | $56,248 | $4,687 | $1,082 | $27 |
What Does an Indirect Loan Officer Do?
Indirect lending standards should be consistent with the credit union’s direct (internal) loan underwriting standards.
Updated November 22, 2021
The credit union’s indirect lending policy should establish the information which is contained on the static loan pool data report.
Updated October 04, 2021
Files for contracts requiring settlement of indirect cost rates should be closed within 36 months of the month in which the contracting officer receives evidence of physical completion.
Updated December 17, 2021
Have been determined, all required disclosures and documents are included and have been executed properly, and indirect loans are uploaded to the core system and the results of the upload has been verified for accuracy.
Updated December 07, 2021
For advance payments, loans, or other arrangements that do not involve recurrent submission of contract financing requests, the designated payment office will make payment in accordance with the applicable contract financing terms or as directed by the contracting officer.
Updated December 02, 2021
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Explore JobArchitectFrequently Asked Questions About an Indirect Loan Officer Salaries
What is the average of an Indirect Loan Officer in Illinois?
The Indirect Loan Officer salary range is from $49,701 to $60,821, and the average Indirect Loan Officer salary is $55,963/year in Illinois.
The Indirect Loan Officer's salary will change in different locations.
Which location pays the highest Indirect Loan Officer salary in the United States?
The Indirect Loan Officer salary in San Jose, CA is $69,249
which is the highest in the US.
What kinds of reasons will influence the Indirect Loan Officer'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 Indirect Loan Officer.
What is the growth rate of the Indirect Loan Officer's salary?
If you are thinking of becoming an Indirect Loan Officer or planning the next step in your career, find the detailed salary report of an Indirect Loan Officer.
