How Much Does a Mortgage Loan Consultant Make?

Updated March 26, 2024

Individually reported data submitted by users of our website

Normal Confidence
$48,448/yr
Average Base Pay
Low $40,639
Average $48,448
High $56,252
The average salary for Mortgage Loan Consultant is $48,448 per year in the United States.

Related Job Titles to Mortgage Loan Consultant

Wells Fargo Mortgage Loan Consultant
$62,507
US
Per Year
Mortgage Loan Area Manager
$139,443
US
Per Year
Mortgage Loan Funding Clerk
$42,150
US
Per Year
Mortgage Loan Funding Manager
$81,087
US
Per Year

Similar Job Salaries to Mortgage Loan Consultant by Company

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Company average base salary in (usd) range
Michigan Schools and Government Credit Union
Mortgage Consultant (Mortgage Loan Officer)
$80,122/yr
$66,696
$93,548
RANGE: $66,696 - $93,548
Community Bank System, Inc.
Mortgage Loan Consultant
$81,128/yr
$65,870
$96,385
RANGE: $65,870 - $96,385
Suncoast Credit Union
Lead Mortgage Loan Consultant
$64,966/yr
$52,951
$76,981
RANGE: $52,951 - $76,981
SIBCY CLINE
Mortgage Consultant, Loan Officer
$81,019/yr
$67,835
$94,204
RANGE: $67,835 - $94,204
TruHome Solutions LLC
Bilingual Mortgage Loan Consultant
$83,700/yr
$67,959
$99,442
RANGE: $67,959 - $99,442

What Does a Mortgage Loan Consultant Do?

A good faith estimate (GFE) is a form that lists basic information about the terms of a reverse mortgage loan offer by a lender.
Updated December 19, 2021
When you apply for a mortgage, lenders are required to provide a loan estimate, listing all the costs and terms, which you can then use to compare offers side by side.
Updated December 18, 2021
Neighborhood Assistance Corporation of America Mortgage Loan Consultant salaries - 1 salaries reported.
Updated December 14, 2021
Are there home loans for part time workers? Some banks will approve a mortgage for part time employees.
Updated December 14, 2021
If you want to become a mortgage loan officer, you probably have a number of questions about what the position entails.
Updated December 09, 2021

Frequently Asked Questions About a Mortgage Loan Consultant Salaries

What is the average of a Mortgage Loan Consultant in the United States?

The Mortgage Loan Consultant salary range is from $40,639 to $56,252, and the average Mortgage Loan Consultant salary is $48,448/year in the United States. The Mortgage Loan Consultant's salary will change in different locations.

Which location pays the highest Mortgage Loan Consultant salary in the United States?

The Mortgage Loan Consultant salary in San Jose, CA is $60,803 which is the highest in the US.

What kinds of reasons will influence the Mortgage Loan Consultant'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 Mortgage Loan Consultant.

What is the growth rate of the Mortgage Loan Consultant's salary?

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

Recent Salary Report

Below are the most recent Mortgage Loan Consultant salary reports. Employer name has been removed to protect anonymity.

$57,755 Yearly
A Mortgage Loan Consultant in Port Saint Lucie, FL reported making $57,755 per year
Port Saint Lucie, FL
6 - 1,000 employees
Full-Time
Company - Private
$22 Hourly
A Mortgage Loan Consultant in Hobbs, NM reported making $22 per hour
Hobbs, NM
3,000 - 7,6 employees
Part-Time
Company - Public
$60,384 Yearly
A Mortgage Loan Consultant in West Palm Beach, FL reported making $60,384 per year
West Palm Beach, FL
200 - 6 employees
Full-Time
Company - Private
$50,493 Yearly
A Mortgage Loan Consultant in Colchester, VT reported making $50,493 per year
Colchester, VT
100 - 200 employees
Full-Time
Company - Private
$22 Hourly
A Mortgage Loan Consultant in Costa Mesa, CA reported making $22 per hour
Costa Mesa, CA
7,6 - 15,000 employees
Part-Time
Company - Public
$3,992 Monthly
A Mortgage Loan Consultant in Laredo, TX reported making $3,992 per month
Laredo, TX
1,000 - 3,000 employees
Full-Time
Company - Public