Loan Consultant Associate Salary in Passaic, New Jersey

What is the salary range of Loan Consultant Associate?

As of December 01, 2024, the average annual pay of Loan Consultant Associate in Passaic, NJ is $88,307. While Salary.com is seeing that Loan Consultant Associate salary in Passaic, NJ can go up to $107,534 or down to $68,049, but most earn between $77,703 and $98,371. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Consultant Associate in the United States.

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Salary range for a Loan Consultant Associate

$77,703 to $98,371

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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.

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Job Openings for Loan Consultant Associate in Passaic, NJ

What does a Loan Consultant Associate do?

Common responsibilities of a Loan Consultant Associate

Collaborate with loan consultants and other team members to ensure timely and efficient processing of loan applications.

September 21, 2023

Stay informed about industry regulations and best practices related to loan processing and lending.

September 22, 2023

Communicate with clients to gather additional information or clarify details related to their loan application.

October 15, 2023

Provide support in coordinating the loan closing process, including scheduling appointments and preparing closing documents.

October 17, 2023

Assist loan consultants in gathering and organizing client financial information.

October 22, 2023

Maintain accurate and up-to-date client files and records.

October 24, 2023

Assist in preparing loan packages for submission to underwriting.

November 06, 2023

Answer client inquiries and provide information about loan products and services.

November 12, 2023

Assist in conducting credit checks and verifying employment and income information.

November 21, 2023

Review loan applications and supporting documentation for accuracy and completeness.

November 24, 2023

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Loan Consultant Associate Salary By Experience Levels in Passaic, NJ

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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 Passaic, NJ

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LEVEL OF EDUCATION

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Average Salary Range for Loan Consultant Associate in Passaic, NJ

Average Base Salary

Core compensation

77703

98371

88307

Average Total Cash Compensation

Includes base and annual incentives

79812

104061

91472

What is the average salary for Loan Consultant Associate in 2024?

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 Passaic, NJ. The base salary for Loan Consultant Associate ranges from $77,703 to $98,371 with the average base salary of $88,307. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $79,812 to $104,061 with the average total cash compensation of $91,472.

View Average Salary for Loan Consultant Associate as table

	Average Salary	Average Salary Range
Base Salary	$88,307	$77,703 - $98,371
Bonus	$3,164	$2,108 - $5,690
Total Pay	$91,472	$79,812 - $104,061

* 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 Passaic, NJ

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Passaic, NJ
CITY, STATE Clifton, NJ	AVERAGE SALARY RANGE $77,838 - $98,542	COMPARE TO Passaic, NJ
CITY, STATE Bloomfield, NJ	AVERAGE SALARY RANGE $77,838 - $98,542	COMPARE TO Passaic, NJ
CITY, STATE Hackensack, NJ	AVERAGE SALARY RANGE $77,771 - $98,457	COMPARE TO Passaic, NJ
CITY, STATE Paramus, NJ	AVERAGE SALARY RANGE $77,906 - $98,627	COMPARE TO Passaic, NJ
CITY, STATE Bergenfield, NJ	AVERAGE SALARY RANGE $77,771 - $98,457	COMPARE TO Passaic, NJ
CITY, STATE East Orange, NJ	AVERAGE SALARY RANGE $76,421 - $96,747	COMPARE TO Passaic, NJ

See salaries for Loan Consultant Associate in locations close to Passaic, NJ. 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.

About Passaic, New Jersey

According to the United States Census Bureau, the city had a total area of 3.244 square miles (8.401 km2), including 3.146 square miles (8.149 km2) of land and 0.098 square miles (0.253 km2) of water (3.01%). Unincorporated communities, localities and place names located partially or completely within the city include Davis Bridge and Pleasant Plains. Passaic's only land border is with neighboring Clifton, which borders Passaic to the north, south, and west. The Passaic River forms the eastern border of Passaic. Four additional neighboring towns in Bergen County immediately across the river fr...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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