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Consumer Loan Officer Salary

An entry level consumer loan officer 1-3 years of experience earns an average salary of 45678. Loan Officer Salary Loan officers salaries can depend on their employers and the scope of their responsibilities.


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The highest-paid 10 percent of loan officers earned more than 135590 per year while the lowest-paid earned less than 32670.

Consumer loan officer salary. What is the job prospect available to Consumer Loan Officers. 44K - 62K Glassdoor est 9d. Salary ranges can vary widely depending on the city and many other important factors including education certifications additional skills the number of years you have spent in your profession.

Average Salary for a Consumer Loan Officer Consumer Loan Officers in America make an average salary of 53954 per year or 26 per hour. Salaries estimates are based on 142 salaries submitted anonymously to Glassdoor by Consumer Loan Officer employees in United States. Depending on the corporation a Consumer Loan Officer may draw a flat salary or work strictly off commission or a mixture of the two.

The average pay range for a Consumer Loan Officer varies greatly by as much as 14500 which suggests there may be many opportunities for advancement and increased pay based on skill level location and years of experience. On the other end a senior level consumer loan officer 8 years of experience earns an average salary. 63650 Annual Salary 3060 per hour Careers for Loan Officers.

Consumer Loan Sales Officer. The Consumer Loan Sales Officer is responsible for contacting all approved loan applicants through the eBranch. The Bureau of Labor Statistics BLS found that as of May 2017 loan officers including consumer loan officers earned a median annual salary of 64660.

The base salary for Consumer Loan Officer I ranges from 37275 to 48233 with the average base salary of 44736. The average salary for a Consumer Loan Officer is 40746 in United States. An entry level consumer loan officer 1-3 years of experience earns an average salary of 45968.

Keep in mind that salary ranges can vary widely depending on many important factors including position education certifications additional skills and the number of years you have. According to our 100 employer reported salary sources the median salary for a Consumer Loan Officer II with an Associates Degree is 52803 - 57036. The range for our most popular Lending Officer positions listed below typically falls between 37025 and 314954.

How much do Loan Officers make. The top 10 percent makes over 75000 per year while the bottom 10 percent under 38000 per year. An entry-level Loan Officer Consumer with less than 1 year experience can expect to earn an average total compensation includes tips bonus and overtime pay of 1564 based on 9 salaries.

Please try our salary wizard to explore how other factors like location Years of experience and number of direct reports can impact your base pay. Apply to Loan Officer Senior Loan Officer Underwriter and more. The average pay range for a Loan Officer Credit Union varies greatly by as much as 75500 which suggests there may be many opportunities for advancement and increased pay based on skill level location and years of experience.

On the other end a senior level consumer loan officer 8 years of experience earns an average salary of 77991. The average salary for Consumer Loan Officers in 2010 was 56000. The average Consumer Loan Officer I salary in Montana is 40344 as of January 29 2021 but the range typically falls between 33620 and 43499.

We are currently seeking a Consumer Loan Sales Officer for our eBranch. These charts show the average base salary core compensation as well as the average total cash compensation for the job of Consumer Loan Officer I in the United States. The average Lending Officer salary in the United States is 175990 as of December 28 2020.

The total cash compensation which includes base and annual. The most highly paid loan officers work for automobile dealerships. The median annual wage for loan officers was 63960 in May 2020.


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