Loan Assistant Salary (United States)

A Loan Assistant earns an average salary of $31,721 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. The skills that increase pay for this job the most are Commercial Loans and Consumer Loans.
Loan Assistant 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.
)
$23,722 - $43,344
(Median)
24K
32K
37K
43K
MEDIAN: $31,721
10%
50%
75%
90%
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Loan Assistant 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.
)
$10.36 - $18.04
(Median)
10
12
15
18
MEDIAN: $13.00
10%
25%
75%
90%
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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$15K$30K$45K
Salary
$23,722 - $43,344  
   
Bonus
$0.00 - $4,833  
Profit Sharing
$700 - $3,500  
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).
)
$23,186 - $42,366  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 303
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$10$20$30
Hourly Rate
$10.36 - $18.04  
   
Overtime
$14.50 - $27.24  
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$20K$40K$60K
Bonus
$0.00 - $4,833  
   
Profit Sharing
$700 - $3,500  
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).
)
$23,186 - $42,366  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 303
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Location:
United States (change)
Years in Field/Career:

Job Description for Loan Assistant

  • Facilitate contract signings and closings, complying with all applicable laws.
  • Assist loan officers and collections with creating, collecting, and processing paperwork.
  • Complete due diligence and basic paperwork on loan applications, contracts and renewals.
  • Return phone calls and answer questions, including about the status of loans.

Common Career Paths for Loan Assistant

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Loan Assistant Job Listings

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Popular Skills for Loan Assistant

Pay by Experience Level for Loan Assistant

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

Related Job Salaries

Experience Affects Loan Assistant Salaries

Late-Career
up arrow 17%
Experienced
up arrow 15%
Mid-Career
up arrow 1%
National Average
$30,000
Entry-Level
up arrow 3%

Skills That Affect Loan Assistant Salaries

Commercial Loans
up arrow 32%
Consumer Loans
up arrow 26%
Mortgage Loans
up arrow 4%
Loan Processing
up arrow 3%
Customer Service
up arrow 3%
National Average
$30,000

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 70 votes.

Gender

Female
88%
female alumni
 
Male
12%
male alumni

Years of Experience

Less than 1 year
8%
1-4 years
46%
5-9 years
22%
10-19 years
17%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 65%
vision benefits Vision: 45% employee benefits None: 16%
Find Out Exactly What You Should Be Paid
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Location:
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