Loan Administration Manager Salary

Slightly less than three-fifths of Loan Administration Managers in the United States are seasoned employees who have more than 10 years of experience in the field. Pay ranges from $42K to $90K per year, and the average comes out to $62K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Female Loan Administration Managers make up most of the survey respondents at 71 percent. Work is reasonably fulfilling for most Loan Administration Managers — the majority report average levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the larger part.

$44,138 - $85,988
$44K
$62K
$86K
MEDIAN: $62,021
10%
50%
90%

Add this chart to your site: 640px    300px

$0$89K
Salary $44,138 - $85,988
Bonus $1,987 - $14,681
Profit Sharing $3,000
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).
)
$41,993 - $89,604
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 44

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Loan Administration Manager

  • Assist in the development and implementation of loan administration procedures, policies, and budgets.
  • Build and manage loan administration team, conducting hiring, training, supervising, and performance evaluations.
  • Manage loan production activities and operations, overseeing loan processing and reviewing documentation.
  • Provide cross-functional support to customer facing teams to ensure loan administration and closing transactions.

Loan Administration Manager Job Listings

Pay by Experience Level for Loan Administration Manager

Pay by Experience for a Loan Administration Manager has a positive trend. An entry-level Loan Administration Manager with less than 5 years of experience can expect to earn an average total compensation of $46,000 based on 17 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Administration Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $60,000 based on 30 salaries. An experienced Loan Administration Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $74,000 based on 34 salaries. A Loan Administration Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $84,000 based on 16 salaries.

Related Job Salaries

Key Stats for Loan Administration Manager

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.
1-4 years
13%
5-9 years
31%
10-19 years
38%
20 years or more
19%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Administration Manager Salaries

Late-Career
▲29%

Experienced
▲13%

National Average
$65,000

Mid-Career
▼9%

Entry-Level
▼29%

Skills That Affect Loan Administration Manager Salaries

Mortgage Loans
▲23%

People Management
▲22%

Operations Management
▲13%

National Average
$65,000

Commercial Loans
▼21%

Loan Processing
▼31%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 7 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

1-4 years
13%
5-9 years
31%
10-19 years
38%
20 years or more
19%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 72%
vision benefits
Vision: 62%
no benefits
None: 15%
ADVERTISEMENT