Loan Administrator Salary (United States)

The average pay for a Loan Administrator is $44,208 per year. Most people with this job move on to other positions after 20 years in this career. A skill in Commercial Loans is associated with high pay for this job.
Loan Administrator Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$30,746 - $70,145
(Median)
31K
44K
56K
70K
MEDIAN: $44,208
10%
50%
75%
90%
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Loan Administrator Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.78 - $27.04
(Median)
12
17
22
27
MEDIAN: $17.00
10%
50%
75%
90%
Add this chart to your site: 640px    300px

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$30,746 - $70,145  
   
Bonus
$0.00 - $9,957  
Profit Sharing
$727 - $11,920  
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).
)
$28,885 - $68,190  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 411
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$11.78 - $27.04  
   
Overtime
$18.06 - $46.91  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $9,957  
   
Profit Sharing
$727 - $11,920  
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).
)
$28,885 - $68,190  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 411
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Location:
United States (change)
Years in Field/Career:

Job Description for Loan Administrator

  • Develop and negotiate plans with borrowers.
  • Answer questions and interview applicants.
  • Assess loan applications and credit reports.
  • Maintain legal documentation and ensure accuracy.

Loan Administrator Job Listings

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Popular Skills for Loan Administrator

Pay by Experience Level for Loan Administrator

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

Pay Difference By Location

San Francisco
up arrow 42%
Los Angeles
up arrow 36%
Chicago
up arrow 28%
New York
up arrow 25%
Denver
up arrow 21%
Boston
up arrow 11%
National Average
$43,000
Atlanta
up arrow 1%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Experience Affects Loan Administrator Salaries

National Average
$43,000

Skills That Affect Loan Administrator Salaries

Loan Documents
up arrow 4%
Loan Processing
0%
National Average
$43,000
Mortgage Loans
up arrow 2%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 88 votes.

Gender

Female
77%
female alumni
 
Male
23%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
35%
5-9 years
27%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 78%
vision benefits Vision: 65% employee benefits None: 8%
Find Out Exactly What You Should Be Paid
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United States (change)
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