Loan Officer Consumer Salary in United States

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 Loan Officer Consumer in United States

The average salary of a(n) Loan Officer Consumer in United States is $59,341.

The average hourly rate of a(n) Loan Officer Consumer in United States is $28.53.

The average bonus of a(n) Loan Officer Consumer in United States is $1,976.00.

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) Loan Officer Consumer?

Get a more personalized salary report now. Get Report

Average Salaries for Similar Jobs in United States

Job Openings by Indeed job search

Results for Loan Officer Consumer in United States

Loan Processor - New York, NY

LiftForward

The Loan Processor is primarily responsible for processing a high volume of consumer loans and ensuring the successful delivery of the loan related services...

View job on Indeed.com

Loan Processor (Mortgage Banking - Home Equity) - Phoenix AZ - Phoenix, AZ

JPMorgan Chase

Additionally, the Loan Processor will review the documents for acceptability against loan conditions, and with the Loan Officer coordinate with all parties to...

View job on Indeed.com

Mortgage Home Lending Center Home Equity Loan Officer (MLO) - Kalamazoo, MI

PNC Bank

Loan Origination - Working Experience. As a Mortgage Home Lending Center Home Equity Loan Officer within PNC's Mortgage organization, you will be based in...

View job on Indeed.com

Loan Officer - Long Island, NY

AAG

Our Loan Officers consult with clients in 49 states depending upon their licensing footprint. AAG Loan Officers Mortgage are trained to listen, build rapport,...

View job on Indeed.com

Mortgage Loan Officer - Hollywood, FL

PRMG Paramount Residential Mortgage Group

Help borrowers apply and qualify for a home loan. You will be furnished proprietary in-house tools that will aid in the efficiency of processing and delivery of...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x