Salary Data

Loan Specialist Salary

How much does a Loan Specialist make in the United States?
Get the insights on the salary, benefits, education, and job description.
Salary Data for Loan Specialist

$38,075 (USD)/yr

$18 (USD)/hr

$739 (USD)/yr

$37,667 (USD)/yr

$18 (USD)/hr

$739 (USD)/yr

Job 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.
The average loan specialist salary in United States is $38,075 or an equivalent hourly rate of $18. In addition, they earn an average bonus of $739. Salary estimates based on salary survey data collected directly from employers and anonymous employees in United States.
Compensation Data Based on Experience

$28,857 (USD)

$45,668 (USD)


Are you paid fairly?

Calculate your market salary rate to find out
Calculate Salary

Do you work in HR or Compensation?

Try a Free Demo

Try our professional compensation software to generate detailed salary and cost of living reports.

Try a FREE Demo
Salary Potential

$44,140 (USD)

16 %

Based on our compensation data, the estimated salary potential for Loan Specialist will increase 16 % over 5 years.

Jobs That May Interest You
Loan Specialist - Start 3/4/19 - Paid Training!
access_time Posted 2 days ago
account_balance LSI
location_on Elgin
Loan Specialist - Inbound Financial Services Contact Center! In this exciting, fast paced position, you will be responsible for providing remarkable service to people on behalf of Credit Unions/Banks ...
Loan Specialist IV
access_time Posted 11 days ago
account_balance Professional Alternatives
location_on Houston
We are seeking for a Loan Specialist in the North Houston area! This is a full time opportunity with great benefits. Summary: Mortgage Oversight of the sub-servicer to ensure processes and procedures ...
Personal Loan Specialist
access_time Posted 17 days ago
account_balance Advantage Resourcing North America
location_on Hillsboro
The Personal Loan Specialist will create an exceptional customer experience while providing personal loan solutions. This position focuses on building a customer base through sales loan extension and ...
Commercial Loan Specialist
access_time Posted 9 days ago
account_balance Canon Recruiting Group
location_on Charlotte
Completes primary financial booking and initial loan funding. * Maintains primary responsibility for accuracy of documentation and SOR financial data, timely delivery of documents, and elimination of ...
B2B - Business Loan Specialist
access_time Posted 10 days ago
account_balance Strategic Capital
location_on Olathe
Our clients often encounter a declination if they tried to seek a traditional bank loan, or at the very least a lengthy process with lots of hoops to jump through. Founded in 2014, Strategic Capital ...

Are you an Employer?

Determine the Market Salary Range for Any Position
Try a Free Demo
About The Data
The above data is a sample of data available in ERI's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning.

Get a FREE Salary Report

Add up your past jobs, education, and experience and find your market rate