Loan Administration Manager Salary

The majority of Loan Administration Managers in the United States — nearly two in three — boast more than 10 years of experience in their profession. Salaries stretch from $36K to $114K per year, and the median is $59K per year. In the world of Loan Administration Managers, overall income ranges from $36K near the bottom to $114K at the top; this can include more than $18K from bonuses and more than $4K from profit sharing in exceptional cases. A large number enjoy medical while most get dental coverage. Vision coverage is also available to a fair number. Most workers in this position report high levels of job satisfaction. Female Loan Administration Managers make up most of the survey respondents at 72 percent. Participants in PayScale's salary questionnaire provided the particulars of this report.

$39,359 - $106,756
(Median)
$39K
$59K
$110K
MEDIAN: $58,934
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50K$100K$150K
Salary
$39,359 - $106,756  
   
Bonus
$795 - $18,121  
Profit Sharing
$-0.50 - $4,404  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$36,148 - $113,998  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 95
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Loan Administration Managers who responded to the survey indicated only a few skills that they use on the job. People Management and Operations Management are considered valuable skills and can increase employee pay by 16 percent and 8 percent, respectively.

Pay by Experience Level for Loan Administration Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Those in the early stages of their career can expect to make around $47K; however, individuals with five to 10 years of experience bring in $60K on average — a distinctly larger sum. Loan Administration Managers see a median salary of $69K after reaching one to two decades on the job. Survey participants who have worked for more than two decades report bringing in $81K on average.

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Experience Affects Loan Administration Manager Salaries

Late-Career
up arrow 32%

Experienced
up arrow 13%

National Average
$61,000

Mid-Career
up arrow 2%

Entry-Level
up arrow 24%

Skills That Affect Loan Administration Manager Salaries

People Management
up arrow 16%

Operations Management
up arrow 8%

National Average
$61,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
72 %
Male
28 %

Years of Experience

1-4 years
14%
5-9 years
21%
10-19 years
37%
20 years or more
28%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 82%
vision benefits Vision: 77% employee benefits None: 9%
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