Lending Associate Salaries in Illinois
How Much Does a Lending Associate Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Lending Associate in Illinois is $62,637.
While Salary.com is seeing that Lending Associate salary in IL can go up to $77,694
or down to $47,521, but most earn between $54,725 and $70,518.
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 Lending Associate
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Similar Job Salaries to Lending Associate by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Cresset
Associate Director, Banking & Lending
|
$158,461/yr
|
RANGE: $127,494 - $189,428
|
|
Bank of Montreal (U.S.)
Associate, Leveraged Lending (Chicago)
|
$89,746/yr
|
RANGE: $76,004 - $103,487
|
|
Banterra
Residential Lending Associate
|
$90,251/yr
|
RANGE: $72,619 - $107,883
|
|
Ares Management Corporation
Associate, Credit, US Direct Lending
|
$105,648/yr
|
RANGE: $88,343 - $122,954
|
|
McCormack Schreiber Legal Search
Commercial Lending Associate – Am Law 200 Firm
|
$148,349/yr
|
RANGE: $125,293 - $171,406
|
|
CIBC Bank USA
Associate Portfolio Manager and Underwriter - Asset Based Lending
|
$136,703/yr
|
RANGE: $110,080 - $163,325
|
|
Fidelity Investments
Associate, Direct Lending (Originations, Underwriting & Portfolio Management)
|
$134,799/yr
|
RANGE: $110,928 - $158,671
|
|
Fidelity Investments
Vice President/Associate Director, Direct Lending (Originations, Underwriting & Portfolio Manag[...]
|
$144,269/yr
|
RANGE: $107,459 - $181,079
|
|
Fidelity Investments
Vice President/Associate Director, Direct Lending (Originations, Underwriting & Portfolio Management)
|
$286,985/yr
|
RANGE: $220,093 - $353,876
|
|
United Community Bancorp
VP Lending
|
$189,738/yr
|
RANGE: $139,150 - $240,325
|
Top 10 Highest Paying Cities For Lending Associate Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Lending Associate can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Lending Associate job salaries in Illinois.
Some cities can pay higher salaries for Lending Associate jobs, which can indicate that there is a large demand for Lending Associate positions in this city.
The following table shows top 10 cities where the Lending Associate salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Lending Associate salary is $63,503 in Chicago,
which is higher than the national average. There are 20 cities' Lending Associate salary higher than national average in Illinois.
The average salary for a Lending Associate in Illinois is $62,637,
but we found that the city with the highest salary for Lending Associate jobs is Chicago, IL, and it is higher than Cicero.
Lending Associate 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 | $63,503 | $5,292 | $1,221 | $31 |
| Cicero | $63,503 | $5,292 | $1,221 | $31 |
| Oak Park | $63,503 | $5,292 | $1,221 | $31 |
| Evanston | $63,479 | $5,290 | $1,221 | $31 |
| Skokie | $63,479 | $5,290 | $1,221 | $31 |
| Oak Lawn | $63,430 | $5,286 | $1,220 | $30 |
| Des Plaines | $63,331 | $5,278 | $1,218 | $30 |
| Mount Prospect | $63,282 | $5,274 | $1,217 | $30 |
| Aurora | $63,012 | $5,251 | $1,212 | $30 |
| Hoffman Estates | $62,956 | $5,246 | $1,211 | $30 |
What Does a Lending Associate Do?
As a Lending Associate you will consistently deliver exceptional client service and relish working in a diverse, flexible, and fast paced team environment.
Updated December 16, 2021
If you are thinking of becoming a Lending Associate or planning the next step in your career, find details about.
Updated December 04, 2021
No problem! We offer best in class entry level Sales Lending Associate training! Do you have what it takes.
Updated November 28, 2021
This critical role as a Commercial Lending Associate II executes a wide variety of initiatives to deliver on our brand promise, “.
Updated November 28, 2021
Employers hiring for the lending associate job most commonly would prefer for their future employee to have a relevant degree such as.
Updated November 20, 2021
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Explore JobArchitectFrequently Asked Questions About a Lending Associate Salaries
What is the average of a Lending Associate in Illinois?
The Lending Associate salary range is from $54,725 to $70,518, and the average Lending Associate salary is $62,637/year in Illinois.
The Lending Associate's salary will change in different locations.
Which location pays the highest Lending Associate salary in the United States?
The Lending Associate salary in San Jose, CA is $77,508
which is the highest in the US.
What kinds of reasons will influence the Lending Associate'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 Lending Associate.
What is the growth rate of the Lending Associate's salary?
If you are thinking of becoming a Lending Associate or planning the next step in your career, find the detailed salary report of a Lending Associate.
