Loan Administration Manager Salary

Close to two-thirds 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 $36K to $116K per year, and the average comes out to $59K per year. Total cash compensation to Loan Administration Managers bottoms out near $36K and approaches $116K on the high end; the biggest paychecks include approximately $18K from bonuses and almost $4K from profit sharing. Medical benefits are awarded to a large number, and most earn dental coverage. Job satisfaction is reported as high by the vast majority of workers.

$39,615 - $112,020

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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
$39,615 - $112,020  
   
Bonus
$805 - $17,879  
Profit Sharing
$250.00 - $3,750  
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).
)
$36,404 - $115,636  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 99
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Loan Administration Managers who responded to the survey report just a handful of professional skills. 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. The average worker who claims fewer than five years of experience earns around $47K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $62K. People with 10 to 20 years of experience make an average of about $68K in this role. Survey participants who have worked for more than two decades report bringing in $81K on average.

Related Job Salaries

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Experience Affects Loan Administration Manager Salaries

Late-Career
up arrow 32%

Experienced
up arrow 11%

Mid-Career
up arrow 2%

National Average
$61,000

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
69 %
Male
31 %

Years of Experience

1-4 years
13%
5-9 years
20%
10-19 years
38%
20 years or more
29%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 83%
vision benefits Vision: 77% employee benefits None: 8%
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