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Average Base Salary


Average Hourly Rate


Average Bonus
The average loan specialist salary in Arkansas, United States is $30,757 or an hourly rate of $15. This is 15% lower (-$5,286) than the average loan specialist salary in the United States. In addition, they earn an average bonus of $597.
Salary by Experience


Entry Level Salary


Senior Level Salary
An entry level loan specialist (1-3 years of experience) earns an average salary of $22,466. On the other end, a senior level loan specialist (8+ years of experience) earns an average salary of $36,296.

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Job Description
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.

The chart below breaks down accounts by the highest level of education obtained.

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About the Data

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