Average Entry-Level Loan Officer, Consumer with Consumer Loans Skills Hourly Pay

$15.52
Avg. Base Hourly Rate (USD)
10%
$11.20
MEDIAN
$15.52
90%
$19.93

The average hourly pay for a Loan Officer, Consumer is $15.52 in 2025

Hourly Rate
$11 - $20
Bonus
$503 - $10k
Commission
$0 - $3k
Total Pay
$25k - $47k
Is Average Entry-Level Loan Officer, Consumer with Consumer Loans Skills Hourly Pay your job title? Find out what you should be paid
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What is the Pay by Experience Level for Loan Officer, Consumers?

What Do Loan Officer, Consumers Do?

Loan Officer, Consumer Tasks
  • Interview and accept consumer loan applications.
  • Solicit lending institutions and finance companies to find money for customers.
  • Determine repayment plan.
  • Obtain, investigate, and validate application information.
  • Market, solicit, and process consumer loans.
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FAQs About Loan Officer, Consumers

What is the highest pay for Loan Officer, Consumers?

Our data indicates that the highest pay for a Loan Officer, Consumer is $19.93 / hour

What is the lowest pay for Loan Officer, Consumers?

Our data indicates that the lowest pay for a Loan Officer, Consumer is $11.20 / hour

How can Loan Officer, Consumers increase their salary?

Increasing your pay as a Loan Officer, Consumer is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Officer, Consumer that oversees more junior Loan Officer, Consumers, this experience can increase the likelihood to earn more.