What is the average Consumer Loan Processor I salary for Cicero, IL?
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As of February 26, 2024, the average Consumer Loan Processor I salary in Cicero, IL is $54,613. The chart below represents localized salaries for some of our most popular Consumer Loan Processor I job titles in Cicero, IL. Salaries can vary greatly depending on numerous factors, including position, location, years of experience, and level of education. Salary.com’s team of Certified Compensation Professionals analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to compile a range of salaries for various Consumer Loan Processor I job titles in Cicero, IL. Apply your personal criteria to one of the job titles below to get your personalized salary estimate.
Consumer Loan Processor I Salaries in Cicero, IL
Job Title | Salary | Hourly Rate | Location | Date Updated |
Loan Processor I | $44,289 | $21.29 | Cicero, IL | February 26, 2024 |
Loan Processor II | $48,534 | $23.33 | Cicero, IL | February 26, 2024 |
Loan Processor III | $56,616 | $27.22 | Cicero, IL | February 26, 2024 |
Mortgage Loan Processor I | $46,477 | $22.34 | Cicero, IL | February 26, 2024 |
Consumer Loan Officer I | $53,109 | $25.53 | Cicero, IL | February 26, 2024 |
Consumer Loan Collection Supervisor I | $63,523 | $30.54 | Cicero, IL | February 26, 2024 |
Mortgage Loan Processor II | $54,629 | $26.26 | Cicero, IL | February 26, 2024 |
Commercial Loan Processor | $54,443 | $26.17 | Cicero, IL | February 26, 2024 |
Consumer Loan Collector I | $41,619 | $20.01 | Cicero, IL | February 26, 2024 |
Consumer Loan Officer II | $56,355 | $27.09 | Cicero, IL | February 26, 2024 |
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Performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. Loan Processor I Salaries in Cicero, ILAlternate Job Titles:Entry Consumer Loan Processor, Loan Processor I
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Performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Loan Processor II Salaries in Cicero, ILAlternate Job Titles:Intermediate Consumer Loan Processor, Loan Processor II
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Performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma. Typically reports to a supervisor. Works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience. Loan Processor III Salaries in Cicero, ILAlternate Job Titles:Senior Consumer Loan Processor, Loan Processor III
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Performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. Mortgage Loan Processor I Salaries in Cicero, ILAlternate Job Titles:Entry Mortgage Loan Processor, Mortgage Loan Documentation Specialist I, Mortgage Loan Processor I
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Develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. Works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience. Consumer Loan Officer I Salaries in Cicero, ILAlternate Job Titles:Consumer Lending Officer I, Consumer Loan Officer I
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Supervises a group of consumer loan collectors and assists in developing strategies to minimize collection portfolio loss. Assists in designing and administering collection processes, policies, and procedures, also supervises use of computerized collection systems. A level I supervisor is considered a working supervisor with little authority for personnel actions. May require a bachelor's degree in area of specialty. Typically reports to a manager or head of a unit/department. Supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. Thorough knowledge of functional area under supervision. Typically requires 3 years experience in the related area as an individual contributor. Consumer Loan Collection Supervisor I Salaries in Cicero, ILAlternate Job Titles:Consumer Loan Collection Team Leader, Consumer Loan Collection Supervisor I
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Performs administrative tasks for mortgage loan processing. Collects and prepares necessary information such as loan applications, credit documents, and appraisals to process and complete mortgage loan files. Verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Mortgage Loan Processor II Salaries in Cicero, ILAlternate Job Titles:Intermediate Mortgage Loan Processor, Mortgage Loan Documentation Specialist II, Mortgage Loan Processor II
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Performs administrative tasks for commercial loan processing. Coordinates with lenders, customers, and external vendors to collect and prepare all required documentation for closings. Ensures that loan packages are complete, and documentation correctly prepared within required timelines. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. May require an associate degree. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Commercial Loan Processor Salaries in Cicero, ILAlternate Job Titles:Business Loan Processing Senior Clerk, Senior Commercial Loan Processing Clerk, Commercial Loan Processor
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Contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Follows set policies and procedures when determining suitable collection solution. Requires a high school diploma or its equivalent. Typically reports to a supervisor. May require 0-1 year of general work experience. Possesses a moderate understanding of general aspects of the job. Works under the close direction of senior personnel in the functional area. Consumer Loan Collector I Salaries in Cicero, ILAlternate Job Titles:Consumer Loan Collector, Entry, Loan Collections Specialist I, Consumer Loan Collector I
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Develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience. Consumer Loan Officer II Salaries in Cicero, ILAlternate Job Titles:Consumer Lending Officer II, Consumer Loan Officer II