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Best states for a loan specialist
- Rank 1 - 10
- 11 - 20
- 21 - 30
- 31 - 40
- 41 - 51
It seems like loan specialists are becoming more and more common across America. But working conditions and demand for loan specialists aren't the same everywhere in the U.S. In fact, our research shows that Delaware is the best state for loan specialists in America. The best city in America for loan specialists with the highest pay is Mount Laurel, NJ.
Delaware is the best state for jobs for loan specialists, and Missouri is the worst. The most common pay in Delaware is $49,799, while the median pay in Missouri is $29,929.If you are currently seeking employment as a loan specialist, you can find open job positions using Zippia's search tools.
10 best states for loan specialists in 2025
1. Delaware
Total loan specialist jobs: 106 Average annual salary: $49,799 Lowest 10 percent earn: $25,000 Highest 10 percent earn: $96,000 Location Quotient: 1.37
2. Maryland
Total loan specialist jobs: 377 Average annual salary: $58,673 Lowest 10 percent earn: $29,000 Highest 10 percent earn: $115,000 Location Quotient: 0.96
3. Wisconsin
Total loan specialist jobs: 339 Average annual salary: $46,951 Lowest 10 percent earn: $27,000 Highest 10 percent earn: $81,000 Location Quotient: 1
4. West Virginia
Total loan specialist jobs: 86 Average annual salary: $57,533 Lowest 10 percent earn: $28,000 Highest 10 percent earn: $114,000 Location Quotient: 0.91
5. Rhode Island
Total loan specialist jobs: 82 Average annual salary: $44,652 Lowest 10 percent earn: $25,000 Highest 10 percent earn: $77,000 Location Quotient: 1.1
6. Arkansas
Total loan specialist jobs: 180 Average annual salary: $41,928 Lowest 10 percent earn: $20,000 Highest 10 percent earn: $86,000 Location Quotient: 1.12
7. New Jersey
Total loan specialist jobs: 466 Average annual salary: $48,517 Lowest 10 percent earn: $26,000 Highest 10 percent earn: $89,000 Location Quotient: 0.95
8. North Carolina
Total loan specialist jobs: 593 Average annual salary: $43,522 Lowest 10 percent earn: $19,000 Highest 10 percent earn: $95,000 Location Quotient: 1
9. Michigan
Total loan specialist jobs: 463 Average annual salary: $43,134 Lowest 10 percent earn: $24,000 Highest 10 percent earn: $76,000 Location Quotient: 0.97
10. Virginia
Total loan specialist jobs: 540 Average annual salary: $47,561 Lowest 10 percent earn: $22,000 Highest 10 percent earn: $99,000 Location Quotient: 0.93
Loan specialist jobsNear Columbus, OH
How Zippia determines the best states to be a loan specialist
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a loan specialist
| Rank | State | Average salary | Lowest 10% earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Delaware | $49,799 | $25,000 | 961,939 | 106 |
| 2 | Maryland | $58,673 | $29,000 | 6,052,177 | 377 |
| 3 | Wisconsin | $46,951 | $27,000 | 5,795,483 | 339 |
| 4 | West Virginia | $57,533 | $28,000 | 1,815,857 | 86 |
| 5 | Rhode Island | $44,652 | $25,000 | 1,059,639 | 82 |
| 6 | Arkansas | $41,928 | $20,000 | 3,004,279 | 180 |
| 7 | New Jersey | $48,517 | $26,000 | 9,005,644 | 466 |
| 8 | North Carolina | $43,522 | $19,000 | 10,273,419 | 593 |
| 9 | Michigan | $43,134 | $24,000 | 9,962,311 | 463 |
| 10 | Virginia | $47,561 | $22,000 | 8,470,020 | 540 |
| 11 | Massachusetts | $49,037 | $28,000 | 6,859,819 | 408 |
| 12 | Ohio | $42,336 | $22,000 | 11,658,609 | 586 |
| 13 | Pennsylvania | $41,770 | $22,000 | 12,805,537 | 699 |
| 14 | Colorado | $42,030 | $24,000 | 5,607,154 | 428 |
| 15 | Indiana | $42,391 | $22,000 | 6,666,818 | 356 |
| 16 | New York | $46,289 | $25,000 | 19,849,399 | 679 |
| 17 | Alabama | $37,700 | $17,000 | 4,874,747 | 292 |
| 18 | Florida | $38,263 | $15,000 | 20,984,400 | 1,380 |
| 19 | Connecticut | $44,873 | $25,000 | 3,588,184 | 160 |
| 20 | North Dakota | $36,562 | $23,000 | 755,393 | 67 |
| 21 | Vermont | $38,842 | $24,000 | 623,657 | 49 |
| 22 | Arizona | $37,218 | $19,000 | 7,016,270 | 599 |
| 23 | Texas | $37,317 | $17,000 | 28,304,596 | 1,314 |
| 24 | Iowa | $34,659 | $19,000 | 3,145,711 | 302 |
| 25 | South Dakota | $35,079 | $21,000 | 869,666 | 69 |
| 26 | Wyoming | $34,035 | $21,000 | 579,315 | 60 |
| 27 | Minnesota | $36,966 | $22,000 | 5,576,606 | 409 |
| 28 | Alaska | $31,810 | $27,000 | 739,795 | 70 |
| 29 | Kentucky | $39,006 | $19,000 | 4,454,189 | 180 |
| 30 | Tennessee | $35,526 | $16,000 | 6,715,984 | 356 |
| 31 | Washington | $39,556 | $26,000 | 7,405,743 | 412 |
| 32 | Kansas | $38,393 | $20,000 | 2,913,123 | 162 |
| 33 | New Hampshire | $39,493 | $23,000 | 1,342,795 | 74 |
| 34 | Hawaii | $29,335 | $22,000 | 1,427,538 | 89 |
| 35 | Montana | $33,092 | $22,000 | 1,050,493 | 78 |
| 36 | Nevada | $34,391 | $18,000 | 2,998,039 | 142 |
| 37 | Utah | $32,492 | $19,000 | 3,101,833 | 240 |
| 38 | Mississippi | $35,955 | $16,000 | 2,984,100 | 114 |
| 39 | California | $40,465 | $21,000 | 39,536,653 | 1,683 |
| 40 | Idaho | $34,448 | $22,000 | 1,716,943 | 99 |
| 41 | South Carolina | $35,574 | $15,000 | 5,024,369 | 248 |
| 42 | Louisiana | $34,937 | $15,000 | 4,684,333 | 190 |
| 43 | Oregon | $35,928 | $23,000 | 4,142,776 | 240 |
| 44 | Oklahoma | $37,081 | $18,000 | 3,930,864 | 150 |
| 45 | Nebraska | $34,046 | $18,000 | 1,920,076 | 135 |
| 46 | Maine | $34,584 | $22,000 | 1,335,907 | 77 |
| 47 | Illinois | $37,448 | $20,000 | 12,802,023 | 613 |
| 48 | District of Columbia | $39,175 | $19,000 | 693,972 | 88 |
| 49 | New Mexico | $34,911 | $18,000 | 2,088,070 | 99 |
| 50 | Georgia | $32,571 | $14,000 | 10,429,379 | 614 |
| 51 | Missouri | $29,929 | $15,000 | 6,113,532 | 355 |
Highest paying states for loan specialists
| Rank | State | Avg. Loan Specialist Salary |
|---|---|---|
| 1 | Delaware | $49,799 |
| 2 | Maryland | $58,673 |
| 3 | Wisconsin | $46,951 |
| 4 | West Virginia | $57,533 |
| 5 | Rhode Island | $44,652 |
| 6 | Arkansas | $41,928 |
| 7 | New Jersey | $48,517 |
| 8 | North Carolina | $43,522 |
| 9 | Michigan | $43,134 |
| 10 | Virginia | $47,561 |
| 11 | Massachusetts | $49,037 |
| 12 | Ohio | $42,336 |
| 13 | Pennsylvania | $41,770 |
| 14 | Colorado | $42,030 |
| 15 | Indiana | $42,391 |
| 16 | New York | $46,289 |
| 17 | Alabama | $37,700 |
| 18 | Florida | $38,263 |
| 19 | Connecticut | $44,873 |
| 20 | North Dakota | $36,562 |
| 21 | Vermont | $38,842 |
| 22 | Arizona | $37,218 |
| 23 | Texas | $37,317 |
| 24 | Iowa | $34,659 |
| 25 | South Dakota | $35,079 |
| 26 | Wyoming | $34,035 |
| 27 | Minnesota | $36,966 |
| 28 | Alaska | $31,810 |
| 29 | Kentucky | $39,006 |
| 30 | Tennessee | $35,526 |
| 31 | Washington | $39,556 |
| 32 | Kansas | $38,393 |
| 33 | New Hampshire | $39,493 |
| 34 | Hawaii | $29,335 |
| 35 | Montana | $33,092 |
| 36 | Nevada | $34,391 |
| 37 | Utah | $32,492 |
| 38 | Mississippi | $35,955 |
| 39 | California | $40,465 |
| 40 | Idaho | $34,448 |
| 41 | South Carolina | $35,574 |
| 42 | Louisiana | $34,937 |
| 43 | Oregon | $35,928 |
| 44 | Oklahoma | $37,081 |
| 45 | Nebraska | $34,046 |
| 46 | Maine | $34,584 |
| 47 | Illinois | $37,448 |
| 48 | District of Columbia | $39,175 |
| 49 | New Mexico | $34,911 |
| 50 | Georgia | $32,571 |
| 51 | Missouri | $29,929 |
Loan specialist best states FAQs
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Updated January 8, 2025