Loan Administration Manager Salary
Just below two-thirds of Loan Administration Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $42K to $117K per year, but median earnings come to around $64K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Among folks in this role, job satisfaction levels approximately match the national average. Nearly all claim medical and dental insurance and a strong majority get vision coverage. Respondents to the PayScale salary survey provided the data for this report.
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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.
For many Loan Administration Managers, more experience generally translates to higher pay. Salaries of relatively inexperienced workers fall in the neighborhood of $44K, but folks who have racked up five to 10 years see a notably higher median of $61K. The average pay reported by folks with 10 to 20 years of experience is around $74K. Veterans who have surpassed the 20-year mark may make only slightly more than those who are navigating the mid-career stage; the more senior group reports median earnings of around $82K.