Banking Loan Officer Consumer Salary in Minneapolis, Minnesota

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 Minneapolis, Minnesota

The average salary of a(n) Banking Loan Officer Consumer in Minneapolis, Minnesota is $61,868.

The average hourly rate of a(n) Banking Loan Officer Consumer in Minneapolis, Minnesota is $29.74.

The average bonus of a(n) Banking Loan Officer Consumer in Minneapolis, Minnesota is $2,060.00.

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 Minneapolis, Minnesota

View Salaries for Banking Loan Officer Consumer in Other Cities

Job Openings by Indeed job search

Results for Banking Loan Officer Consumer in Minneapolis, Minnesota

Commercial Loan Closer III - Minnetonka, MN - Minnetonka, MN

TCF Bank

Ensures all documents are reviewed by Loan Officer and supervisor for validity and compliance to loan proposal....

View job on Indeed.com

Regional Credit Officer - Minnetonka, MN - Minnetonka, MN

TCF Bank

Experience as a Commercial Loan Officer. Minimum of 15 years of varied banking experience with proficient knowledge of commercial and consumer loan principles...

View job on Indeed.com

Retail Lending Underwriter II - Plymouth - Plymouth, MN

TCF Bank

Review loan applications received from Loan Officers. Provide an independent assessment of proposed loan applications for consumer lending real estate and non...

View job on Indeed.com

Operational Risk Manager 4 - Saint Louis Park, MN

Wells Fargo

ATM, debit and prepaid products, consumer and business loans; Through our Community Banking stores, we offer our customers access to the full array of financial...

View job on Indeed.com

VP Business Banker - Plymouth, MN

Citizens Independent Bank

The incumbent must administer all loans within legal and regulatory requirements, the bank's loan policy, procedure policy, and stipulations established by the...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x