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Loan Specialist Salaries in the United States

How much does a Loan Specialist make in the United States?

Loan Specialists earn $40,000 annually on average, or $19 per hour, which is 49% less than the national average for all working Americans. Our data indicates that the best paid Loan Specialists work for Marcole Mortgage at $114,000 annually while the lowest paid Loan Specialists work for CheckSmart earning approximately $20,000 each year.

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$41K Small Business Administration's Average Loan Specialist Salary (34 salaries)

+$1K (2%) more than national average Loan Specialist salary ($40K)
-$6K (13%) less than average Small Business Administration salary ($47K)
$50K
$100K
$150K
+$29K (52%) more than average Small Business Administration Loan Specialist salary ($41K)
"Comparable, maybe a little lower than private industry. It is government job so pay is based on experience and how long you have been working a particular pay grade. The biggest part of income here is the massive amounts of mandatory overtime."
+$14K (29%) more than average Small Business Administration Loan Specialist salary ($41K)
"Lots of hours but that doesn’t bother me.compensation is great!"
+$40K (65%) more than average Small Business Administration Loan Specialist salary ($41K)
See 31 More Small Business Administration Loan Specialist Salaries

$41K Wells Fargo's Average Loan Specialist Salary (22 salaries)

+$1K (2%) more than national average Loan Specialist salary ($40K)
-$8K (17%) less than average Wells Fargo salary ($49K)
$50K
$100K
$150K
+$12K (25%) more than average Wells Fargo Loan Specialist salary ($41K)
"I’m still in this job, not sure what other companies pay"
-$6K (15%) less than average Wells Fargo Loan Specialist salary ($41K)
-$11K (30%) less than average Wells Fargo Loan Specialist salary ($41K)
See 19 More Wells Fargo Loan Specialist Salaries

$50K Bank of the West's Average Loan Specialist Salary (2 salaries)

+$10K (22%) more than national average Loan Specialist salary ($40K)
+$3K (6%) more than average Bank of the West salary ($47K)
$50K
$100K
$150K
+$18K (30%) more than average Bank of the West Loan Specialist salary ($50K)
"The pay is pretty comparable to others in the market."
-$18K (43%) less than average Bank of the West Loan Specialist salary ($50K)

$84K M&T Bank's Average Loan Specialist Salary (1 salaries)

+$44K (70%) more than national average Loan Specialist salary ($40K)
+$39K (60%) more than average M&T Bank salary ($45K)
$50K
$100K
$150K
Equal to average M&T Bank Loan Specialist salary ($84K)
"We were compensated very well."

$69K First Fidelity Bank's Average Loan Specialist Salary (1 salaries)

+$29K (53%) more than national average Loan Specialist salary ($40K)
+$19K (31%) more than average First Fidelity Bank salary ($50K)
$50K
$100K
$150K
Equal to average First Fidelity Bank Loan Specialist salary ($69K)
"I believe my salary is just the right amount with the industry."

$68K Walnut Street Finance's Average Loan Specialist Salary (1 salaries)

+$28K (51%) more than national average Loan Specialist salary ($40K)
Equal to average Walnut Street Finance salary ($68K)
$50K
$100K
$150K
Equal to average Walnut Street Finance Loan Specialist salary ($68K)
"I honestly wouldn't know how the pay for my position relates to the field."

$60K Planet Home Lending's Average Loan Specialist Salary (1 salaries)

+$20K (40%) more than national average Loan Specialist salary ($40K)
Equal to average Planet Home Lending salary ($60K)
$50K
$100K
$150K
Equal to average Planet Home Lending Loan Specialist salary ($60K)
"High compared to others"

$54K Franklin American Mortgage's Average Loan Specialist Salary (1 salaries)

+$14K (29%) more than national average Loan Specialist salary ($40K)
+$3K (5%) more than average Franklin American Mortgage salary ($51K)
$50K
$100K
$150K
Equal to average Franklin American Mortgage Loan Specialist salary ($54K)
"Depending on the job duties and the extent to which you must involve yourself in the loan process depends on the salary."

$48K Cigar Break Asset Management's Average Loan Specialist Salary (1 salaries)

+$8K (18%) more than national average Loan Specialist salary ($40K)
Equal to average Cigar Break Asset Management salary ($48K)
$50K
$100K
$150K
Equal to average Cigar Break Asset Management Loan Specialist salary ($48K)
"Great"

$45K OneMain Financial's Average Loan Specialist Salary (1 salaries)

+$5K (11%) more than national average Loan Specialist salary ($40K)
-$5K (10%) less than average OneMain Financial salary ($50K)
$50K
$100K
$150K
Equal to average OneMain Financial Loan Specialist salary ($45K)
"The base pay for a Loan Specialist at OneMain is competitive in this market. Goals are set each month and can usually be achieved, allowing for monthly commissions to be paid."

Loan Specialist by State

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