Loan Administrator Salary

Average Yearly Salary
Updated May 19, 2020
$42,000
$29,000
Min 10%
$42,000
Median 50%
$59,000
Max 90%
Best Paying Company
Ing Security Life Of Denver
Highest Paying City
Portland, OR
Highest Paying State
Oregon
Average Experience Level
3.5 years
How much does a loan administrator make?
The national average salary for a Loan Administrator in the United States is $42,237 per year or $20.31 per hour. The top 10 percent of earners make over $59,000 annually, whereas the bottom 10 percent of earners make under $29,000 per year. Most Loan Administrator jobs are in Finance companies and Professional companies. Some of the states with the best Loan Administrator salaries are Oregon, New York, Michigan, Washington, and Pennsylvania. The typical tenure for a Loan Administrator is 3.5 years.
Annual Salaries For Related Jobs

Average Loan Administrator Salary By Location

As a Loan Administrator in the U.S., you can expect to earn on average $42,237 per year or $20.31 per hour. The city with the highest Loan Administrator salary is Portland, OR at $48,052 per year. Not only that, Portland, OR also has an average entry-level salary of $29,000. Oregon, New York, Michigan, Washington, and Pennsylvania are the states with the highest payscale for Loan Administrators. The lowest earning states are Louisiana, Oklahoma, Mississippi, Hawaii, and Georgia.

Map of Loan Administrator Salaries

The darker areas on the map show where Loan Administrators earn the highest salaries across all 50 states.

Average Salary:

Average Loan Administrator Salary By Company

Loan Administrator jobs offer good job security, but the wages reported in some industries are higher than others. Employers that have the highest concentration of job opportunities for Loan Administrators are Finance companies and Professional companies. Ing Security Life Of Denver and Union Bank are the highest paying companies. In addition, companies like TCF Financial and The Bank of New York Mellon report highly competitive salaries for Loan Administrators.

Loan Administrator Salary History

Compare salaries for individual cities or states with the national average.

National Average
Ashburn, VA

Loan Administrator Salary By Experience Level

The salary for a Loan Administrator can range from $28,261 to $80,134 depending on the amount of work experience that the person has. Data on how experience level affects salary is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

Recently Added Loan Administrator Salaries

Company
Job
Location
Date Added
Salary
CDO Loan/Asset Administrator
04/17/2020
$44,704
Loan Administrator
04/17/2020
$70,000
CDO Loan/Asset Administrator
04/17/2020
$44,704
Loan Administrator
04/16/2020
$39,653
Loan/Mortgage Administrators
04/13/2020
$27,131
Loan Administrator
04/13/2020
$31,305
Loan Administrator
04/11/2020
$50,088
CRE Loan Administrator
04/07/2020
$70,000
Loan Administrator
03/24/2020
$37,566
Loan Administrator
03/20/2020
$49,566
Show More