How much does a Loan Underwriter- Consumer make in the United States?
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The average Loan Underwriter- Consumer salary in the United States is $52,937 as of April 24, 2024. The range for our most popular Loan Underwriter- Consumer positions (listed below) typically falls between $47,293 and $58,580. 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 spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Loan Underwriter- Consumer's Annual Base Salary
| Job Title | Salary | Hourly Rate | Location | Date Updated |
| Consumer Loan Manager | $104,300 | $50.14 | United States | April 24, 2024 |
| Consumer Loan Collection Manager | $103,355 | $49.69 | United States | April 24, 2024 |
| Consumer Loan Officer II | $53,697 | $25.82 | United States | April 24, 2024 |
| Consumer Loan Officer III | $65,379 | $31.43 | United States | April 24, 2024 |
| Consumer Loan Officer I | $50,686 | $24.37 | United States | April 24, 2024 |
| Consumer Loan Underwriter | $54,062 | $25.99 | United States | April 24, 2024 |
| Consumer Loan Processor | $41,789 | $20.09 | United States | April 24, 2024 |
| Consumer Loan Specialist | $64,828 | $31.17 | United States | April 24, 2024 |
| Consumer Loan Officer | $54,792 | $26.34 | United States | April 24, 2024 |
| Consumer Loan Collector, Senior | $51,100 | $24.57 | United States | April 24, 2024 |
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The Consumer Loan Manager ensures that application processing follows state, federal, and organizational policies and guidelines and that customers have accurate loan information and guidance about product options. Manages a team of consumer lending specialists in developing customer relationships, promoting consumer loan products, and attaining volume and profit goals. Being a Consumer Loan Manager coaches team members to promote a sales culture, improve selling techniques, and meet goals. Conducts team training on company products and services. In addition, Consumer Loan Manager may require a bachelor's degree. Typically reports to a head of a unit/department. The Consumer Loan Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Working as a Consumer Loan Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. View Consumer Loan Manager SalaryAlternate Job Titles:Consumer Lending Manager
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Consumer Loan Collection Manager manages a group of collection supervisors and develops collection strategies to minimize collection portfolio loss. Responsible for initial and ongoing training of all subordinate personnel. Being a Consumer Loan Collection Manager requires a bachelor's degree. Typically reports to a top management. The Consumer Loan Collection Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be a Consumer Loan Collection Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. View Consumer Loan Collection Manager SalaryAlternate Job Titles:Consumer Loan Collections Group Manager
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Consumer Loan Officer II develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer II 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. Additionally, Consumer Loan Officer II 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. The Consumer Loan Officer II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Consumer Loan Officer II typically requires 1-3 years of related experience. View Consumer Loan Officer II SalaryAlternate Job Titles:Consumer Lending Officer II
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Consumer Loan Officer III develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer III 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. Additionally, Consumer Loan Officer III 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. The Consumer Loan Officer III works independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. To be a Consumer Loan Officer III typically requires 3-5 years of related experience. View Consumer Loan Officer III SalaryAlternate Job Titles:Consumer Lending Officer III
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Consumer Loan Officer I develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer I 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. Additionally, Consumer Loan Officer I 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. The Consumer Loan Officer I 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. View Consumer Loan Officer I SalaryAlternate Job Titles:Consumer Lending Officer I
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The Consumer Loan Collector, Senior requires a high school diploma or its equivalent. Contacts customers who are delinquent in the repayment of their loans and obtains payments, commitment agreements or establishes a repayment plan. Being a Consumer Loan Collector, Senior typically reports to a supervisor. Supervises, leads, directs, and trains lower level consumer loan collecting staff. Working as a Consumer Loan Collector, Senior typically requires 3-5 years of related experience. Has gained proficiency in multiple competencies relevant to the job. Works independently within established procedures associated with the specific job function. View Consumer Loan Collector, Senior SalaryAlternate Job Titles:Consumer Loan Collector III, Loan Collections Specialist III