Average Consumer Loan Processor Hourly Pay

$16.01
Avg. Hourly RateShow Salary
$1,007
Bonus
$1,024
Commission
$1,700
Profit Sharing
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The average hourly pay for a Consumer Loan Processor is $16.01.
10%
$12.57
MEDIAN
$16.01
90%
$20.73
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United States (change)
Hourly Rate
$13 - $21
Bonus
$290 - $2,980
Profit Sharing
$0 - $1,700
Commission
$989 - $4,800
Total Pay
$27,211 - $46,481
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Job Satisfaction for Consumer Loan Processor

4.1 out of 5
(31)
Highly Satisfied
3Reviews

Consumer Loan Processor Job Listings

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Popular Skills for Consumer Loan Processor

Skills in Consumer Loans, Loan Processing, Customer Service, Organizing and Data Processing are correlated to pay that is above average.

Pay by Experience Level for Consumer Loan Processor

An entry-level Consumer Loan Processor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $15.10 based on 12 salaries. An early career Consumer Loan Processor with 1-4 years of experience earns an average total compensation of $15.95 based on 89 salaries. A mid-career Consumer Loan Processor with 5-9 years of experience earns an average total compensation of $16.90 based on 16 salaries. An experienced Consumer Loan Processor with 10-19 years of experience earns an average total compensation of $17.07 based on 22 salaries. In their late career (20 years and higher), employees earn an average total compensation of $16.

Pay Difference by Location

Learn more about cost of living by city.

Years of Experience

This data is based on 147 survey responses.
Entry Level
8.2%
Early Career
60.5%
Mid Career
10.9%
Experienced
15.0%
Late Career
5.4%