Loan Administration Manager Salary

Loan Administration Managers who are practiced in their profession and carry more than 10 years of experience make up around three in five of Loan Administration Managers. Pay fluctuates from $43K to $111K per year, but expected earnings average $64K per year. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. Women make up the majority of Loan Administration Managers (67 percent) who completed the questionnaire. Medical benefits are awarded to a large number, and most earn dental coverage.

$42,946 - $103,272
$43K
$64K
$100K
MEDIAN: $63,741
10%
50%
90%

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$16.00 - $35.37
$25
MEDIAN: $25.00
50%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$42,946 - $103,272  
   
Bonus
$2,020 - $18,246  
Profit Sharing
$2,160  
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).
)
$43,451 - $111,455  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 64
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25$50$75
Hourly Rate
$25.00  
   
Overtime
$30.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Bonus
$2,020 - $18,246  
   
Profit Sharing
$2,160  
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).
)
$43,451 - $111,455  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 7

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Pay by Experience Level for Loan Administration Manager

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


Loan Administration Managers with a rich background of experience are typically rewarded with larger paychecks. The average beginner in this position makes around $46K, but folks who have been around for five to 10 years see a markedly higher median salary of $60K. For Loan Administration Managers, 10 to 20 years of experience on the job amounts to an average salary of $74K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $84K.

Related Job Salaries

Key Stats for Loan Administration Manager

Gender

Female
67 %
Male
33 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 6 votes.
1-4 years
11%
5-9 years
28%
10-19 years
38%
20 years or more
23%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Administration Manager Salaries

Late-Career
▲22%

Experienced
▲7%

National Average
$69,000

Mid-Career
▼14%

Entry-Level
▼33%

Skills That Affect Loan Administration Manager Salaries

Mortgage Loans
▲17%

People Management
▲16%

Operations Management
▲7%

National Average
$69,000

Commercial Loans
▼25%

Loan Processing
▼35%

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 6 votes.

Gender

Female
67 %
Male
33 %

Years of Experience

1-4 years
11%
5-9 years
28%
10-19 years
38%
20 years or more
23%

Common Health Benefits

medical benefits
Medical: 88%
dental benefits
Dental: 82%
vision benefits
Vision: 70%
dental benefits
None: 11%
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