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Loan Operations Manager Salary

A Loan Operations Manager earns an average salary of $61,859 per year.

$40,086 - $89,662
(Median)
$40K
$62K
$90K
MEDIAN: $61,859
10%
50%
90%

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$11.14 - $24.32
(Median)
$11
$18
$24
MEDIAN: $18.00
10%
50%
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$33K$66K$99K
Salary
$40,086 - $89,662  
   
Bonus
$0.00 - $14,720  
Profit Sharing
$0.00 - $15,319  
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).
)
$39,933 - $97,049  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 294
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$17$34$51
Hourly Rate
$11.14 - $24.32  
   
Overtime
$21.99 - $30.96  
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$50K$100K$150K
Bonus
$0.00 - $14,720  
   
Profit Sharing
$0.00 - $15,319  
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).
)
$39,933 - $97,049  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 16

Find Out Exactly What You Should Be Paid

United States (change)


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Job Description for Loan Operations Manager

  • Hire, train, evaluate, and discipline lending staff.
  • Develop and implement strategies to improve loan department efficiency and meet sales targets.
  • Supervise lenders processing loan applications, managework flow, and ensure compliance with regulations.
  • Generate new business through sales outreach.

Lending Manager Job Listings

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Pay by Experience Level for Loan Operations Manager

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

Related Job Salaries

United States (change)

Experience Affects Loan Operations Manager Salaries

Late-Career
up arrow 13%

Experienced
up arrow 2%

National Average
$62,000

Mid-Career
up arrow 6%

Entry-Level
up arrow 25%

Skills That Affect Loan Operations Manager Salaries


People Management
up arrow 3%

Loan Underwriting
up arrow 2%

National Average
$62,000

Commercial Loans
up arrow 3%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 51 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
2%
1-4 years
11%
5-9 years
18%
10-19 years
33%
20 years or more
35%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 77%
vision benefits Vision: 61% employee benefits None: 8%
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