How Much Does a Loan Advisor Make in Chicago, IL?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Advisor in Chicago, IL is $47,287. While Salary.com is seeing that Loan Advisor salary in Chicago, IL can go up to $57,925 or down to $37,808, but most earn between $42,326 and $52,856. 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 Loan Advisor
Home Loan Advisor
$69,149
Chicago, IL
Per Year
Student Loan Advisor
$37,982
Chicago, IL
Per Year
Mortgage Loan Advisor
$67,713
Chicago, IL
Per Year
Advisor
$55,826
Chicago, IL
Per Year
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Similar Job Salaries to Loan Advisor by Company

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Company average base salary in (usd) range
Spring Financial Inc.
Loan Advisor
$66,969/yr
$57,597
$76,341
RANGE: $57,597 - $76,341
$63,628/yr
$54,365
$72,891
RANGE: $54,365 - $72,891
New Silver
Loan Advisor: Relationship Manager
$142,178/yr
$117,200
$167,156
RANGE: $117,200 - $167,156
Flagstar Bank
Sr. Loan Advisor
$92,120/yr
$73,679
$110,560
RANGE: $73,679 - $110,560
Lendmarq
Associate Loan Advisor
$76,518/yr
$63,277
$89,758
RANGE: $63,277 - $89,758
New York Community Bank
Sr. Loan Advisor
$97,040/yr
$77,615
$116,465
RANGE: $77,615 - $116,465
West Coast University, Inc.
Student Loan Advisor
$64,986/yr
$55,963
$74,009
RANGE: $55,963 - $74,009
DriveTime
Loan Advisor (Part Time)
$57,283/yr
$48,556
$66,011
RANGE: $48,556 - $66,011
Freedom Mortgage
Remote Loan Advisor
$90,712/yr
$72,039
$109,385
RANGE: $72,039 - $109,385
PG Forsta
Advisor
$92,256/yr
$79,265
$105,247
RANGE: $79,265 - $105,247

Open Loan Advisor Jobs in Chicago, IL

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What Does a Loan Advisor Do?

With Flagstar, you get an award-winning combination of intuitive technology and the one-on-one expertise of a home loan advisor.
Updated November 09, 2021
Loan Closing Advisor(SM), which helps lenders close loans with confidence and reduces repurchase risk related to closing data.
Updated December 13, 2021
Loan Advisor Suite is a smart end-to-end technology solution designed to reduce costs and provide greater certainty and valuable insights throughout the loan production process.
Updated December 06, 2021
If you are thinking of becoming a Loan Advisor or planning the next step in your career, find details about.
Updated November 26, 2021
By providing automation and transparency in the loan production process, Loan Advisor Suite assesses credit, capacity, and collateral to help lenders validate the quality of the loans they originate.
Updated November 24, 2021

Frequently Asked Questions About a Loan Advisor Salaries

What is the average of a Loan Advisor in Chicago, IL?

The Loan Advisor salary range is from $42,326 to $52,856, and the average Loan Advisor salary is $47,287/year in Chicago, IL. The Loan Advisor's salary will change in different locations.

Which location pays the highest Loan Advisor salary in the United States?

The Loan Advisor salary in San Jose, CA is $57,716 which is the highest in the US.

What kinds of reasons will influence the Loan Advisor'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 Loan Advisor.

What is the growth rate of the Loan Advisor's salary?

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