Loan Consultant Associate Salary in Detroit, MI

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How much does a Loan Consultant Associate make in Detroit, MI?

As of April 01, 2025, the average annual salary for a Loan Consultant Associate in Detroit, MI is $77,587. Salary.com reports that pay typically ranges from $68,271 to $86,427, with most professionals earning between $59,790 and $94,475.

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Salary range for a Loan Consultant Associate
$68,271 to $86,427
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What is a Loan Consultant Associate?

A Loan Consultant Associate is responsible for assisting clients with their loan applications and providing them with information about various loan products and services. They work closely with clients to understand their financial needs and goals, and then recommend the most suitable loan options. They also gather and review financial documents, process loan applications, and ensure that all necessary paperwork is completed accurately and in a timely manner. Additionally, Loan Consultant Associates may also be responsible for maintaining client relationships, providing ongoing support, and addressing any questions or concerns that clients may have throughout the loan process. Overall, their goal is to help clients secure the best loan options for their individual financial situations.

See user submitted job responsibilities for Loan Consultant Associate.

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Loan Consultant Associate Salary By Experience Levels in Detroit, MI

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Loan Consultant Associate Salary By Level of Education in Detroit, MI

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Loan Consultant Associate in Detroit, MI

Average Base Salary

Core compensation

 
 
 
68271
86427
77587

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
70124
91432
80367
What is the average salary for Loan Consultant Associate in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Consultant Associate in Detroit, MI. The base salary for Loan Consultant Associate ranges from $68,271 to $86,427 with the average base salary of $77,587. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $70,124 to $91,432 with the average total cash compensation of $80,367.

View Average Salary for Loan Consultant Associate as table

Average Salary Average Salary Range
Base Salary $77,587 $68,271 - $86,427
Bonus $2,780 $1,853 - $5,005
Total Pay $80,367 $70,124 - $91,432
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Loan Consultant Associate Salary Near Detroit, MI

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Detroit, MI
CITY, STATE Dearborn, MI AVERAGE SALARY RANGE $68,271 - $86,427 COMPARE TO Detroit, MI 0%
CITY, STATE Dearborn Heights, MI AVERAGE SALARY RANGE $68,237 - $86,384 COMPARE TO Detroit, MI
CITY, STATE Livonia, MI AVERAGE SALARY RANGE $68,053 - $86,150 COMPARE TO Detroit, MI
CITY, STATE Taylor, MI AVERAGE SALARY RANGE $68,162 - $86,289 COMPARE TO Detroit, MI
CITY, STATE Westland, MI AVERAGE SALARY RANGE $68,176 - $86,306 COMPARE TO Detroit, MI
CITY, STATE Southfield, MI AVERAGE SALARY RANGE $68,128 - $86,246 COMPARE TO Detroit, MI
See salaries for Loan Consultant Associate in locations close to Detroit, MI. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

View Salary for Similar Jobs to Loan Consultant Associate in Detroit, MI

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The Loan Consultant Associate job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Detroit, MI that might be a good fit for the type of job and salary you are looking for.

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68271
86427

 

About Detroit, Michigan    Detroit (/dɪˈtrɔɪt/, locally also /ˈdiːtrɔɪt/; French: Détroit, lit. 'strait') is the largest and most populous city in the U.S. state of Michigan, th....More

Detroit, Michigan  area prices were up 1.2% from a year ago

Loan Consultant Associate Salary in popular cities: Grand Rapids, Warren, Sterling Heights

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