How Much Does a Mortgage Loan Consultant Make in Waterloo, IA?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Mortgage Loan Consultant in Waterloo, IA is $46,368. While Salary.com is seeing that Mortgage Loan Consultant salary in Waterloo, IA can go up to $60,113 or down to $32,805, but most earn between $39,269 and $53,563. 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 Mortgage Loan Consultant
Wells Fargo Mortgage Loan Consultant
$60,627
Waterloo, IA
Per Year
Mortgage Loan Area Manager
$127,366
Waterloo, IA
Per Year
Mortgage Loan Funding Clerk
$42,145
Waterloo, IA
Per Year
Mortgage Loan Funding Supervisor
$80,248
Waterloo, IA
Per Year
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Similar Job Salaries to Mortgage Loan Consultant by Company

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Company average base salary in (usd) range
Community State Bank - Des Moines, IA
Mortgage Loan Associate
$49,118/yr
$44,647
$53,589
RANGE: $44,647 - $53,589
Land Home Financial
Mortgage Loan Servicing Positions
$94,588/yr
$84,402
$104,773
RANGE: $84,402 - $104,773
Security National Bank
Mortgage Loan Originator Trainee
$68,926/yr
$61,938
$75,913
RANGE: $61,938 - $75,913
Valley Central Bank
Mortgage Consultant/Mortgage Loan Officer
$74,516/yr
$66,962
$82,070
RANGE: $66,962 - $82,070
Opportunities at Towne
TowneBank Mortgage - Mortgage Loan Consultant
$74,117/yr
$66,604
$81,631
RANGE: $66,604 - $81,631
Michigan Schools and Government Credit Union
Mortgage Consultant (Mortgage Loan Officer)
$49,958/yr
$45,409
$54,507
RANGE: $45,409 - $54,507
Community Financial System, Inc.
Mortgage Loan Consultant
$57,883/yr
$52,118
$63,649
RANGE: $52,118 - $63,649

Open Mortgage Loan Consultant Jobs in Waterloo, IA

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What Does a Mortgage Loan Consultant Do?

A line item called a “loan origination fee.” These are mortgage origination fees charged by the MLO for processing and underwriting the loan.
Updated October 24, 2021
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

Frequently Asked Questions About a Mortgage Loan Consultant Salaries

What is the average of a Mortgage Loan Consultant in Waterloo, IA?

The Mortgage Loan Consultant salary range is from $39,269 to $53,563, and the average Mortgage Loan Consultant salary is $46,368/year in Waterloo, IA. 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 $62,577 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.