Loan Manager 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 Manager in United States

The average salary of a(n) Loan Manager in United States is $90,602.

The average hourly rate of a(n) Loan Manager in United States is $43.56.

The average bonus of a(n) Loan Manager in United States is $6,433.00.

Job Description:

Manages consumer loan department of a financial institution providing services including vehicle loans, personal or unsecured lines of credit, home improvement and home equity loans, student loans, credit cards, etc. Coordinates activities to implement institution's consumer loan policies, procedures, and practices concerning granting or extending lines of credit and loan activities. Develops or approves consumer lending policies and interest rate structures. NOTE: ERI's findings based on asset size. Authorizes loans that exceed staff authority. Provides subordinate officers with functional guidance. Reviews loan applications for completeness. Analyzes applicant's financial status, credit, and property evaluation to determine feasibility of granting loan request. Contacts customers, businesses, and community and civic organizations to promote goodwill and generate new business. May correspond with or interview applicant or creditors to resolve questions regarding application. May prepare financial and regulatory reports required by law, regulations, and Board of Directors. May examine and evaluate loan applications. May interview and hire workers. May evaluate data pertaining to costs to plan budget. May plan and develop methods and procedures for carrying out activities of department. Less

Manages consumer loan department of a financial institution providing services including vehicle loans, personal or unsecured lines of credit, home improvement and home equity loans, student loans, credit cards, etc. Coordinates activities to implement institution's consumer loan policies, procedures, and... More

How helpful is this page?

Are you a(n) Loan Manager?

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 Manager in United States

Assistant Branch Manager - Melvindale, MI

Zeal Credit Union

The Assistant Branch Manager performs all functions of the Branch Manager in the Branch Manager's absence, assists the Branch Manager in directing the operation...

View job on Indeed.com

Automotive Finance Director - North Carolina

Ethos Group

Lead and mentor Finance Managers within the department, and foster relationships throughout the dealership....

View job on Indeed.com

Director of Collections and Loss Mitigation - Naperville, IL

DuPage Credit Union

Proactively providing recommendations for charge off accounts, hardship loans, extension loans, and loan rewrites to the Credit Manager and Board of Directors....

View job on Indeed.com

Facilities Services Manager - Torrance, CA

City of Torrance

Interest-free computer loan program. Under general direction from the General Services Director, the Facilities Services Manager manages the activities of the...

View job on Indeed.com

Dealer Relations Manager (Illinois Territory) - Illinois

Honda R&D Americas, Inc.

Familiarity with lease and loan accounting systems. American Honda Finance Corporation (AHFC) is currently seeking a Dealer Relations Manager for our National...

View job on Indeed.com

Discover How Much You
Should Be Paid

Work in Compensation or HR?    x