Loan Operations Specialist Salary (United States)

A Loan Operations Specialist earns an average salary of $36,779 per year. A skill in Commercial Loans is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this career.
Loan Operations Specialist 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.
)
$27,789 - $53,262
(Median)
28K
37K
46K
53K
MEDIAN: $36,779
10%
50%
75%
90%
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Loan Operations Specialist 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.
)
$11.10 - $20.69
(Median)
11
15
18
21
MEDIAN: $15.00
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$18K$36K$54K
Salary
$27,789 - $53,262  
   
Bonus
$0.00 - $2,919  
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).
)
$24,935 - $51,146  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 224
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$11$22$33
Hourly Rate
$11.10 - $20.69  
   
Overtime
$16.84 - $32.80  
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$22K$44K$66K
Bonus
$0.00 - $2,919  
   
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).
)
$24,935 - $51,146  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 224
Is Loan Operations Specialist your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Job Description for Loan Operations Specialist

  • Update and capture interactions and communications in software systems.
  • Communicate with lawyers, borrowers, agencies and other groups to facilitate loans or collections.
  • Process loan documentation, identifying and seeking missing paperwork or information.
  • Perform payments and adjust balances.

Loan Operations Specialist Job Listings

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Pay by Experience Level for Loan Operations Specialist

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

Related Job Salaries

Experience Affects Loan Operations Specialist Salaries

Late-Career
up arrow 29%
Experienced
up arrow 10%
Mid-Career
up arrow 7%
National Average
$35,000
Entry-Level
up arrow 7%

Skills That Affect Loan Operations Specialist Salaries

Commercial Loans
up arrow 40%
Loan Processing
up arrow 4%
National Average
$35,000
Loan Documents
up arrow 1%

Job Satisfaction

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Highly satisfied
Rated 4 out of 5 based on 39 votes.

Gender

Female
71%
female alumni
 
Male
29%
male alumni

Years of Experience

Less than 1 year
6%
1-4 years
38%
5-9 years
23%
10-19 years
25%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 75%
vision benefits Vision: 61% employee benefits None: 13%
Find Out Exactly What You Should Be Paid
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Years in Field/Career:
Location:
United States (change)
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