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Loan Consultant Salary

$38,131 (USD)

Average Salary

$18/hr

Average Hourly

$740

Average Bonus

Last updated: December 08, 2019

The average pay for a Loan Consultant is $38,131 a year and $18 an hour in the United States. The average salary range for a Loan Consultant is between $28,899 and $45,735. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Description:
  • Processes applications of individuals applying for loans and credit.
  • Asks applicant questions to obtain personal and financial data and fills out application.
  • Checks credit history and gets information needed to determine creditworthiness of loan.
Loan Consultant Job Prevalence in the United States

Job family: Loan Interviewers and Clerks

Job family population: 222,620

Estimated population of Loan Consultant jobs: 30,105

Rate of error: 1.6%

Estimated salary in 2024:
$44,204
5 Year Change:
16 %
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Education data not available for this job
Skills data not available for this job

About United States

United States Cost of Living Score:

Description: The United States of America (USA), commonly known as the United States (U.S. or US) or simply America, is a country comprising 50 states, a federal district, five major self-governing territories, and various possessions. At 3.8 million square miles (9.8 million km2), it is the world's third or fourth largest country by total area and is slightly smaller than the entire continent of Europe. Most of the country is located in central North America between Canada and Mexico. With an estimated population of over 327 million people, the U.S. is the third most populous country. The capital is Washington, D.C., and the...

Loan Consultant Job Listings for United States

Mortgage Loan Officer
Nov 21
Fort Mill, United States
Acara Solutions
Acara Solutions are looking for Mortgage Loan Consultants in Fort Mill, SC who are experienced and passionate mortgage professional. If you are interested in this opportunity with a great company ...
Loan Officer
Nov 7
us
cbLoans.com
The Loan Consultant is responsible for maintaining loan production at or above minimum loan volume and quality targets. This position is commission Sales must know how to run a business
Mortgage Loan Officer for Homebuilder
Dec 7
Memphis, Tennessee, USA
StraussGroup Executive Search Consultants
Successful and growing homebuilder seeks Loan Officer to add to their team as they experience explosive growth in the area. Since you will be partnered with the Sales Team of the model home ...
Sr Loan Officer
Nov 13
Anaheim, CA, USA
Activus Home Loans
Senior Loan Consultant: Direct Inbound Mail Calls, 10-25 Day Funding, High Loan Amounts, High Commissions What We Are Looking For: Professional, Licensed Loan Officers with a strong track record who ...
Licensed Loan Officer Assistant (Remote)
Dec 2
Charlotte, NC, USA
StaffLINK Consulting
The ideal candidate may currently/formerly be a loan officer or a processor who is either tired of ... Company Description StaffLINK Consulting is an elite national staffing firm that prides itself in ...

The average pay for a Loan Consultant is $38,131 a year and $18 an hour in the United States. The average salary range for a Loan Consultant is between $28,899 and $45,735. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in the United States.

ERI’s compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.

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Mortgage Loan Officer
Nov 21
Fort Mill, United States
Acara Solutions
Acara Solutions are looking for Mortgage Loan Consultants in Fort Mill, SC who are experienced and passionate mortgage professional. If you are interested in this opportunity with a great company ...
Loan Officer
Nov 7
us
cbLoans.com
The Loan Consultant is responsible for maintaining loan production at or above minimum loan volume and quality targets. This position is commission Sales must know how to run a business
Explore our most popular jobs
View our most popular salary searches and other resources