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How Much Does a Loan Documentation Specialist Earn In The United States?

Loan Documentation Specialist Salaries
Updated April 6, 2021
Average Yearly Salary
$33,000
$27,000
$33,000
$39,000
Loan documentation specialists in the United States make an average salary of $33,392 per year or $16.05 per hour. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $27,000 a year, while the top 10% makes $39,000. As most things go, location can be critical. Oregon, Connecticut, Colorado, New Jersey, and New York provide the highest loan documentation specialist salaries.
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Where Loan Documentation Specialists Earn The Most

The darker areas on the map show where loan documentation specialists earn the highest salaries across all 50 states.

Average Salary

How Much Do Loan Documentation Specialists Earn In Different Cities?

While a loan documentation specialist can average a salary of $33,392 per year, or $16.05 per hour, there are many opportunities for loan documentation specialists to make more. For example, in Portland, OR you might make $40,957 per year. Other high-paying locations include Rochester, NY, Spokane, WA and Carrollton, TX. If you're in an entry-level position, your best bet is to move to Portland, OR where the average starting salary is $35,000. The highest paying states for loan documentation specialists include Oregon, Connecticut and Colorado. Meanwhile, Pennsylvania, New Mexico, and Oklahoma offer the lowest salaries.
Location
1. Portland, OR
$40,957
Avg. Salary
$26k
$44k
2. Rochester, NY
$37,519
Avg. Salary
$26k
$44k
3. Spokane, WA
$36,296
Avg. Salary
$26k
$44k
4. Carrollton, TX
$35,149
Avg. Salary
$26k
$44k
5. Charlotte, NC
$34,073
Avg. Salary
$26k
$44k
6. Richmond, VA
$34,073
Avg. Salary
$26k
$44k

High Paying Loan Documentation Specialist Jobs

Which Companies Pay Loan Documentation Specialists The Most?

To earn a high income as a loan documentation specialist, working for Aerotek or Kelly Services might be your best bet, as they are the highest paying companies in this field. In addition, companies like Wells Fargo and Bank of Marin report highly competitive wages for loan documentation specialists.
Company
Avg. Salary
$27k
$96k
Avg. Salary
$27k
$96k
Avg. Salary
$27k
$96k
$35,000
Avg. Salary
$27k
$96k
$35,000
Avg. Salary
$27k
$96k
Avg. Salary
$27k
$96k

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Loan Documentation Specialist Salary History

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

Location

    How Experience Affects Loan Documentation Specialist Salaries

    The salary for a loan documentation specialist can vary depending on the years of experience that a person has, from entry level to senior level. Data on how experience level affects total compensation 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 Documentation Specialist Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Loan Documentation Specialist
    Loan Documentation Specialist
    Franklin, TN
    Franklin, TN
    03/30/2021
    03/30/2021
    $35,479
    $35,479
    03/30/2021
    Loan Documentation Specialist 4-Texas Refinance Team
    Loan Documentation Specialist 4-Texas Refinance Team
    Englewood, CO
    Englewood, CO
    03/27/2021
    03/27/2021
    $35,000
    $35,000
    03/27/2021
    Automotive Loan Processor/F&I Secretary/Document Specialist-Beverly Hills BMW
    Automotive Loan Processor/F&I Secretary/Document Specialist-Beverly Hills BMW
    Los Angeles, CA
    Los Angeles, CA
    03/20/2021
    03/20/2021
    $31,305
    $31,305
    03/20/2021
    Loan Documentation Spec
    Loan Documentation Spec
    Portland, OR
    Portland, OR
    03/19/2021
    03/19/2021
    $44,620
    $44,620
    03/19/2021
    Loan Documentation Specialists Work From Home
    Loan Documentation Specialists Work From Home
    Portland, OR
    Portland, OR
    03/18/2021
    03/18/2021
    $47,688
    $47,688
    03/18/2021
    Automotive Loan Processor/F&I Secretary/Document Specialist-Cadillac of LAS Vegas
    Automotive Loan Processor/F&I Secretary/Document Specialist-Cadillac of LAS Vegas
    Las Vegas, NV
    Las Vegas, NV
    03/13/2021
    03/13/2021
    $31,305
    $31,305
    03/13/2021
    Loan Document Specialist
    Loan Document Specialist
    West Des Moines, IA
    West Des Moines, IA
    03/10/2021
    03/10/2021
    $33,538
    $33,538
    03/10/2021
    Loan Documentation Specialist 4-Texas Refinance Team
    Loan Documentation Specialist 4-Texas Refinance Team
    Englewood, CO
    Englewood, CO
    01/28/2021
    01/28/2021
    $35,000
    $35,000
    01/28/2021
    Loan Document Specialist
    Loan Document Specialist
    Des Moines, IA
    Des Moines, IA
    01/23/2021
    01/23/2021
    $33,538
    $33,538
    01/23/2021
    Loan Document Specialist
    Loan Document Specialist
    Rochester, NY
    Rochester, NY
    01/21/2021
    01/21/2021
    $31,305
    $31,305
    01/21/2021