How Much Does an Indirect Loan Processor Make in Detroit, MI?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Indirect Loan Processor in Detroit, MI is $47,580. While Salary.com is seeing that Indirect Loan Processor salary in Detroit, MI can go up to $56,545 or down to $37,427, but most earn between $42,265 and $52,273. 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 Processor
Indirect Loan Officer
$54,909
Detroit, MI
Per Year
Loan Processor
$48,322
Detroit, MI
Per Year
Loan Processor I
$43,667
Detroit, MI
Per Year
Loan Processor II
$47,986
Detroit, MI
Per Year
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Similar Job Salaries to Indirect Loan Processor by Company

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Company average base salary in (usd) range
$57,222/yr
$51,461
$62,982
RANGE: $51,461 - $62,982
Farm Credit
Loan Processor
$53,445/yr
$48,065
$58,825
RANGE: $48,065 - $58,825
Greenstone
Loan Processor
$53,445/yr
$48,065
$58,825
RANGE: $48,065 - $58,825
Hilton Grand Vacations
Loan Processor
$53,991/yr
$48,556
$59,426
RANGE: $48,556 - $59,426
$53,445/yr
$48,065
$58,825
RANGE: $48,065 - $58,825
University of Kentucky Federal Credit Union
Indirect Loan Processor II
$51,180/yr
$47,018
$55,342
RANGE: $47,018 - $55,342
Idaho Central Credit Union
Indirect Loan Processor
$63,184/yr
$56,796
$69,573
RANGE: $56,796 - $69,573
Nuvision Federal Credit Union
Indirect Lending - Indirect Loan Processor/Funder I
$66,563/yr
$59,799
$73,327
RANGE: $59,799 - $73,327
Swift Home Loans
Mortgage Loan Processor
$58,521/yr
$52,629
$64,413
RANGE: $52,629 - $64,413

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What Does an Indirect Loan Processor Do?

����� (a) If the person is not a loan processor who is an independent contractor, an employee of a mortgage broker or mortgage banker; or.
Updated November 16, 2021
If you are thinking of becoming an Indirect Loan Processor or planning the next step in your career, find details about.
Updated November 12, 2021
As an Indirect Loan Processor you will be responsible for processing applications from dealers and funding loans within the requirements of the loan policies established by the Credit Union.
Updated November 10, 2021
Prepare, examine, and fund loan documents within the Indirect Lending Department, including communicating with auto dealers, third party vendors, and others to obtain the information necessary to complete and fund auto loan approvals, and other types of loans as appropriate.
Updated October 22, 2021
������������ (4) A loan processor who is not an employee and who is associated with, or has received an offer of a contract with, a mortgage broker, mortgage banker or person who holds a certificate of exemption pursuant to.
Updated October 11, 2021

Frequently Asked Questions About an Indirect Loan Processor Salaries

What is the average of an Indirect Loan Processor in Detroit, MI?

The Indirect Loan Processor salary range is from $42,265 to $52,273, and the average Indirect Loan Processor salary is $47,580/year in Detroit, MI. The Indirect Loan Processor's salary will change in different locations.

Which location pays the highest Indirect Loan Processor salary in the United States?

The Indirect Loan Processor salary in San Jose, CA is $60,006 which is the highest in the US.

What kinds of reasons will influence the Indirect 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 Indirect Loan Processor.

What is the growth rate of the Indirect Loan Processor's salary?

If you are thinking of becoming an Indirect Loan Processor or planning the next step in your career, find the detailed salary report of an Indirect Loan Processor.