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Consumer loan officer salary
Average consumer loan officer salary
$84,607
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Average consumer loan officer salary by state
Highest paying states for consumer loan officers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York | $105,842 | $50.89 |
| 2 | Rhode Island | $89,776 | $43.16 |
| 3 | New Mexico | $93,799 | $45.10 |
| 4 | Maine | $96,590 | $46.44 |
| 5 | Massachusetts | $91,079 | $43.79 |
| 6 | Maryland | $93,472 | $44.94 |
| 7 | Arkansas | $90,951 | $43.73 |
| 8 | Vermont | $88,035 | $42.32 |
| 9 | Minnesota | $78,993 | $37.98 |
| 10 | Iowa | $77,598 | $37.31 |
| 11 | Delaware | $89,526 | $43.04 |
| 12 | South Carolina | $80,315 | $38.61 |
| 13 | Texas | $82,651 | $39.74 |
| 14 | Georgia | $77,626 | $37.32 |
| 15 | New Hampshire | $82,479 | $39.65 |
| 16 | West Virginia | $76,927 | $36.98 |
| 17 | Florida | $81,017 | $38.95 |
| 18 | Washington | $80,692 | $38.79 |
| 19 | Alabama | $73,235 | $35.21 |
| 20 | Missouri | $75,687 | $36.39 |
| 21 | Colorado | $75,618 | $36.35 |
| 22 | Connecticut | $82,738 | $39.78 |
| 23 | South Dakota | $74,062 | $35.61 |
| 24 | Michigan | $74,039 | $35.60 |
| 25 | Ohio | $73,937 | $35.55 |
| 26 | Oklahoma | $72,925 | $35.06 |
| 27 | North Carolina | $72,071 | $34.65 |
| 28 | Virginia | $73,857 | $35.51 |
| 29 | District of Columbia | $86,440 | $41.56 |
| 30 | New Jersey | $72,548 | $34.88 |
| 31 | Pennsylvania | $71,683 | $34.46 |
| 32 | Mississippi | $68,471 | $32.92 |
| 33 | North Dakota | $67,276 | $32.34 |
| 34 | Illinois | $70,904 | $34.09 |
| 35 | Kentucky | $72,816 | $35.01 |
| 36 | Oregon | $74,195 | $35.67 |
| 37 | Wyoming | $73,028 | $35.11 |
| 38 | Wisconsin | $69,540 | $33.43 |
| 39 | Louisiana | $70,616 | $33.95 |
| 40 | Tennessee | $66,606 | $32.02 |
| 41 | Nevada | $61,702 | $29.66 |
| 42 | Hawaii | $75,735 | $36.41 |
| 43 | Nebraska | $68,637 | $33.00 |
| 44 | Arizona | $61,891 | $29.76 |
| 45 | Idaho | $59,568 | $28.64 |
| 46 | Kansas | $68,760 | $33.06 |
| 47 | Montana | $69,494 | $33.41 |
| 48 | California | $73,296 | $35.24 |
| 49 | Indiana | $59,884 | $28.79 |
| 50 | Utah | $55,996 | $26.92 |
| 51 | Alaska | $51,285 | $24.66 |
Consumer loan officer salary details
A consumer loan officer's salary ranges from $61,000 a year at the 10th percentile to $116,000 at the 90th percentile.
What is a consumer loan officer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $116,000 | $9,667 | $56 |
| 75th Percentile | $99,000 | $8,250 | $48 |
| Average | $84,607 | $7,051 | $41 |
| 25th Percentile | $71,000 | $5,917 | $34 |
| 10th Percentile | $61,000 | $5,083 | $29 |
Highest paying consumer loan officer jobs
The highest paying types of consumer loan officers are bank officer, commercial loan officer, and senior underwriter.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Loan Analyst | $37,857 | $3,155 | $18.20 | 24,756 |
| Mortgage Underwriter | $55,721 | $4,643 | $26.79 | 9,260 |
| Mortgage Consultant | $38,934 | $3,245 | $18.72 | 24,057 |
| Loan Administrator | $42,859 | $3,572 | $20.61 | 63,708 |
| Loan Consultant | $38,876 | $3,240 | $18.69 | 23,448 |
| Loan Manager | $39,623 | $3,302 | $19.05 | 11,965 |
Top companies hiring consumer loan officers now:
Wage gap by gender, race and education
Consumer loan officer salary trends
The average consumer loan officer salary has risen by $7,844 over the last ten years. In 2014, the average consumer loan officer earned $76,763 annually, but today, they earn $84,607 a year. That works out to a 0% change in pay for consumer loan officers over the last decade.
Compare consumer loan officer salaries for cities or states with the national average over time.
Average consumer loan officer salary over time
Compare consumer loan officer salaries for individual cities or states with the national average.
Consumer loan officer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $84,600 | $40.68 | +1.1% |
| 2024 | $83,700 | $40.24 | +0.4% |
| 2023 | $83,400 | $40.09 | -2.6% |
| 2022 | $85,500 | $41.12 | +1.6% |
| 2021 | $84,200 | $40.48 | +0.3% |
Recently added consumer loan officer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Alliant Credit Union | Consumer Loan Funder-Hybrid | Chicago, IL | 06/29/2025 | $42,137 |
| Westerra Credit Union | Call Center Consumer Loan Officer (Hybrid) | Denver, CO | 06/29/2025 | $41,740 |
| Pacific Investment Management Co | Residential and Consumer Loans, Asset Management and Securitization | Fine, NY | 06/29/2025 | $195,000 |
| Get It-Real Estate | Senior Consumer Loan Officer-Remote | WFH | Alexandria, VA | 06/29/2025 | $41,740 |
| Mutual of Omaha Mortgage | Experienced Loan Officer-Consumer Direct | Indianapolis, IN | 06/27/2025 | $25,044 |
| Mutual of Omaha Mortgage | Experienced Loan Officer-Consumer Direct | Kansas City, MO | 06/25/2025 | $50,000 |
| Mutual of Omaha Mortgage | Experienced Loan Officer-Consumer Direct | Schaumburg, IL | 06/13/2025 | $50,000 |
| Theresa Allison Md | Consumer Loan Funder I | Santa Rosa, CA | 06/09/2025 | $48,001 |
| Mutual of Omaha Mortgage | Experienced Loan Officer-Consumer Direct | Columbus, OH | 06/04/2025 | $50,000 |
| Get It-Real Estate | Senior Consumer Loan Officer-Remote | WFH | Alexandria, VA | 05/26/2025 | $41,740 |
Consumer loan officer salary FAQs
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