Loan Operations Manager Salary (United States)

A Loan Operations Manager earns an average salary of $61,360 per year. A skill in Loan Underwriting is associated with high pay for this job. Experience has a moderate effect on income for this job.
Loan Operations Manager 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.
)
$39,371 - $92,815
(Median)
39K
47K
61K
75K
93K
MEDIAN: $61,360
10%
25%
50%
75%
90%
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Loan Operations Manager 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.
)
$11.03 - $21.64
(Median)
11
18
20
MEDIAN: $17.00
10%
50%
75%
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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$50K$100K$150K
Salary
$39,371 - $92,815  
   
Bonus
$0.00 - $15,406  
Profit Sharing
$0.00 - $33,935  
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).
)
$39,123 - $102,303  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 254
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$25$50$75
Hourly Rate
$11.03 - $21.64  
   
Overtime
$23.23 - $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 - $15,406  
   
Profit Sharing
$0.00 - $33,935  
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).
)
$39,123 - $102,303  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 254
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Location:
United States (change)
Years in Field/Career:
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.

Loan Operations 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

Experience Affects Loan Operations Manager Salaries

Late-Career
up arrow 16%
Experienced
up arrow 3%
National Average
$61,000
Mid-Career
up arrow 8%
Entry-Level
up arrow 22%

Skills That Affect Loan Operations Manager Salaries

Loan Underwriting
up arrow 14%
People Management
up arrow 5%
Commercial Loans
up arrow 3%
National Average
$61,000
Mortgage Loans
up arrow 9%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 49 votes.
Gender
Female
85%
female alumni
 
Male
15%
male alumni
Years of Experience
Less than 1 year
2%
1-4 years
11%
5-9 years
19%
10-19 years
34%
20 years or more
34%
Common Health Benefits
medical benefits Medical: 89% dental benefits Dental: 78%
vision benefits Vision: 62% employee benefits None: 9%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
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