How To Become A Loan Supervisor: What It Is and Career Path

What is a loan supervisor and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a loan supervisor. For example, did you know that they make an average of $32.45 an hour? That's $67,504 a year! Between 2018 and 2028, the career is expected to grow 4% and produce 12,600 job opportunities across the U.S.

ScoreLoan SupervisorUS Average

Salary

5.3

Avg. Salary $67,504

Avg. Salary $59,228

Stability level

7.3

Growth rate 4%

Growth rate 0.3%

Diversity

5.4

Race

American Indian and Alaska Native 0.48%

Asian 6.36%

Black or African American 9.14%

Hispanic or Latino 15.85%

Unknown 4.63%

White 63.54%

Gender

female 63.58%

male 36.42%

Age - 44

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 44

Stress level

7.3

Stress level is high

7.1 - high

Complexity level

8.8

Complexity level is advanced

7 - challenging

Work life balance

5.6

Work life balance is fair

6.4 - fair

Key steps to become a loan supervisor

Explore loan supervisor education requirements

Most common loan supervisor degrees

Bachelor's

59.1 %

Associate

17.5 %

High School Diploma

10.7 %

Start to develop specific loan supervisor skills

Skills	Percentages
Customer Service	14.40%
Real Estate	13.09%
Financial Statements	8.59%
Escrow	6.64%
Mortgage Loans	5.50%

Complete relevant loan supervisor training and internships

Accountants spend an average of 6-12 months on post-employment, on-the-job training. New loan supervisors learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a loan supervisor based on U.S. Bureau of Labor Statistics data and data from real loan supervisor resumes.

Research loan supervisor duties and responsibilities

Manage loan origination underwriting and funding teams for dealer and consumer financial products and services.
Receive loans originate by multiple loan officers, gather all necessary documentation and submit complete underwriting packages to lenders.
Analyze mortgagors for approval of HAMP or traditional modification.

Prepare your loan supervisor resume

When your background is strong enough, you can start writing your loan supervisor resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a loan supervisor resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable loan supervisor resume templates

Build a professional loan supervisor resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your loan supervisor resume.