Consumer Loan Processor I Salary in the United States

How much does a Consumer Loan Processor I make in the United States? The average Consumer Loan Processor I salary in the United States is $36,206 as of April 27, 2019, but the range typically falls between $32,177 and $40,241. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

Consumer Loan Processor I obtains necessary information to process and complete loan files. Examines documents to ensure accuracy and compliance with existing underwriting guidelines. Being a Consumer Loan Processor I requires a high school diploma or its equivalent. Typically reports to a supervisor. The Consumer Loan Processor I 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. (Copyright 2019 Salary.com)

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Average Base Salary

Core compensation

 
 
 
32177
40241
36206

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
33804
42030
37709
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Consumer Loan Processor I in the United States. The base salary for Consumer Loan Processor I ranges from $32,177 to $40,241 with the average base salary of $36,206. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $33,804 to $42,030 with the average total cash compensation of $37,709.
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32177
40241

 

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Career Path for this job

  1. This Job:

    Consumer Loan Processor I

    0 - 1 years experience
    High School Diploma or Tech Certificate

  2. Up a level:

    Consumer Loan Processor II

    1 - 3 years experience
    High School Diploma or Tech Certificate

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Job Openings for Consumer Loan Processor I