Loan Administrator with Mortgage Loans Skills Salary

A Loan Administrator with Mortgage Loans skills earns an average wage of $16.23 per hour. Experience has a moderate effect on salary for this job.

$31,582 - $65,923
$32K
$46K
$66K
MEDIAN: $45,597
10%
50%
90%

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$12.31 - $27.28
$12
$16
$27
MEDIAN: $16.23
10%
50%
90%

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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$23K$46K$69K
Salary
$31,582 - $65,923  
   
Bonus
$970 - $12,766  
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).
)
$29,752 - $67,346  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 28
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$12$24$36
Hourly Rate
$12.31 - $27.28  
   
Overtime
$24.05  
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$24K$48K$72K
Bonus
$970 - $12,766  
   
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).
)
$29,752 - $67,346  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 31

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Pay by Experience Level for Loan Administrator

Pay by Experience for a Loan Administrator has a positive trend. An entry-level Loan Administrator with less than 5 years of experience can expect to earn an average total compensation of $37,000 based on 33 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Administrator with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $41,000 based on 13 salaries. An experienced Loan Administrator which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $46,000 based on 12 salaries. A Loan Administrator with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $62,000 based on 12 salaries.

Key Stats for Loan Administrator

Gender

Female
79 %
Male
21 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.
1-4 years
46%
5-9 years
20%
10-19 years
14%
20 years or more
20%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Administrator Salaries

Late-Career
▲48%

Experienced
▲10%

National Average
$42,000

Mid-Career
▼1%

Entry-Level
▼12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 12 votes.

Gender

Female
79 %
Male
21 %

Years of Experience

1-4 years
46%
5-9 years
20%
10-19 years
14%
20 years or more
20%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 70%
vision benefits
Vision: 60%
no benefits
None: 8%