Banking Loan Officer Consumer Salary in Memphis, Tennessee

To get your salary data, use the search bar below or browse by job, city, or state.
loading...

Job title is required

loading...

Job location is required.

Average Salary for Banking Loan Officer Consumer in Memphis, Tennessee

The average salary of a(n) Banking Loan Officer Consumer in Memphis, Tennessee is $56,157.

The average hourly rate of a(n) Banking Loan Officer Consumer in Memphis, Tennessee is $27.00.

The average bonus of a(n) Banking Loan Officer Consumer in Memphis, Tennessee is $1,870.00.

Job Description:

Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for consumer loans, including vehicle loans, home improvement, home equity, personal, secured and unsecured, student loans, credit cards, etc. Interviews applicant and requests specified information for consumer loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan or may submit application to credit analyst for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves consumer loan within specified limits or refers loan to loan committee for approval. Lesser experienced loan officers operate with moderate credit authority where more experienced senior loan officers operate with substantial credit authority involving large amounts of money or important customers. Ensures consumer loan agreements are complete and accurate according to policy. May confer with underwriter to aid in resolving application problems. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis. May supervise loan personnel. Less

Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for consumer loans, including vehicle loans, home improvement, home equity, personal, secured and unsecured, student loans, credit cards, etc. Interviews applicant and requests specified information for consumer... More

How helpful is this page?

Are you a(n) Banking Loan Officer Consumer?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in Memphis, Tennessee

View Salaries for Banking Loan Officer Consumer in Other Cities

Job Openings by Indeed job search

Results for Banking Loan Officer Consumer in Memphis, Tennessee

Mortgage Bankers - Area and Branch Managers - Memphis, TN

Finance of America Mortgage, a Blackstone Company

Managers and Loan Officers*. Monthly loan officer sales/product trainings and seminars. Highest Branch Manager and Loan Officer compensation in mortgage...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x