How much does a Loan Specialist make in Birmingham, AL?
A Loan Specialist in Birmingham, Alabama, earns a solid income. On average, the yearly salary for this role is $201,490. This average reflects the wide range of salaries, which allows for opportunities across various levels of experience. The lowest-earning Loan Specialists make around $32,000 annually, while the highest earners can make up to $501,925 a year.
The salary distribution shows that most Loan Specialists earn between $74,720 and $245,602 per year. A significant portion of professionals, 30.81%, fall in the $202,882 to $245,602 range. This suggests that most individuals in this role find themselves in the middle to upper range of the salary spectrum. This distribution highlights that with experience and skill, Loan Specialists can expect to see growth in their earnings.
What are the highest paying cities for a Loan Specialist near Birmingham, AL?
-
Northport, AL
Average Salary: $250,000
In Northport, a financial specialist can expect a rewarding career with competitive salaries. Prominent firms like Regions Bank and AmSouth Bank offer excellent opportunities in the financial services sector. The community's strong focus on customer service provides a supportive environment for growth.
Find Loan Specialist jobs in Northport, AL
-
Huntsville, AL
Average Salary: $162,933
Huntsville offers a dynamic environment for finance professionals. With companies such as BBVA Compass and Synovus, it provides a variety of roles within the banking industry. The tech-driven environment supports innovation and career advancement.
Find Loan Specialist jobs in Huntsville, AL
-
Montgomery, AL
Average Salary: $110,335
Montgomery provides a stable job market for financial experts. Banks like Wells Fargo and Credit Unions present diverse roles for specialists. The city’s emphasis on finance and banking creates a robust working atmosphere.
Find Loan Specialist jobs in Montgomery, AL
-
Madison, AL
Average Salary: $109,000
Madison is a growing hub for finance professionals. Employers such as BBVA Compass and Chase Bank offer many job opportunities. The community’s focus on economic development supports professional growth.
Find Loan Specialist jobs in Madison, AL
-
Mobile, AL
Average Salary: $87,984
In Mobile, financial specialists find a mix of opportunities. Companies like Bank of America and TD Bank provide various roles in the banking sector. The city’s diverse economy offers a stable job market for finance professionals.
Find Loan Specialist jobs in Mobile, AL
-
Tuscaloosa, AL
Average Salary: $87,206
Tuscaloosa offers a supportive environment for financial experts. Banks like Regions Bank and AmSouth Bank provide solid career opportunities. The community’s focus on education and banking creates a nurturing atmosphere for professionals.
Find Loan Specialist jobs in Tuscaloosa, AL
-
Decatur, AL
Average Salary: $77,263
Decatur provides a close-knit community for finance professionals. Local banks and credit unions offer many roles. The supportive environment fosters professional development and growth.
Find Loan Specialist jobs in Decatur, AL
-
Hoover, AL
Average Salary: $65,297
Hoover offers a thriving job market for financial specialists. Banks like BBVA Compass and Wells Fargo provide numerous opportunities. The city’s economic growth supports a dynamic work environment.
Find Loan Specialist jobs in Hoover, AL
-
Anniston, AL
Average Salary: $49,566
Anniston provides a stable setting for finance experts. Local banks and financial institutions offer diverse roles. The community’s focus on finance creates a supportive environment for career advancement.
Find Loan Specialist jobs in Anniston, AL
-
Auburn, AL
Average Salary: $48,354
Auburn offers a vibrant job market for financial specialists. Employers like Wells Fargo and Bank of America provide excellent opportunities. The city’s focus on education and finance supports a robust professional environment.
Find Loan Specialist jobs in Auburn, AL
What are the best paying companies for a Loan Specialist in Birmingham, AL?
-
Paramount Residential Mortgage Group
Average Salary: $250,000
Paramount Residential Mortgage Group offers exciting Loan Specialist roles. They have offices in Birmingham, AL. They provide top-notch mortgage solutions. Employees enjoy competitive salaries and a chance to grow in a dynamic environment.
-
ServisFirst Bank
Average Salary: $250,000
ServisFirst Bank is a leading financial institution in Birmingham, AL. They hire Loan Specialists to help customers with their mortgage needs. They provide robust training and career development. The company values teamwork and excellence.
-
U.S. Small Business Administration
Average Salary: $88,923
The U.S. Small Business Administration (SBA) offers rewarding Loan Specialist jobs. Based in Birmingham, AL, they focus on supporting small businesses. This role provides stability and the chance to make a real impact. Employees get benefits and opportunities for advancement.
What are the best paying Loan Specialist related jobs in Birmingham, AL?
-
Compliance Officer
Average Salary: $268,500
In this role, one ensures that policies and procedures are followed correctly. They work with loan officers to verify that applications meet all legal standards. This job is available with banks and financial institutions.
Find Compliance Officer jobs in Birmingham, AL
-
Mortgage Loan Originator
Average Salary: $121,386
Professionals in this role help clients with the mortgage process. They assess applications, review financial documents, and guide clients through loan options. Firms across the city offer this job.
Find Mortgage Loan Originator jobs in Birmingham, AL
-
Portfolio Manager
Average Salary: $115,882
This position involves managing a variety of investment portfolios. Professionals oversee the performance of these portfolios and make strategic decisions. Investment firms in the city often hire for this position.
Find Portfolio Manager jobs in Birmingham, AL
-
Consumer Banker
Average Salary: $111,595
Consumer bankers assist individuals with their banking needs. They provide guidance on loans, savings, and investments. This job is available in numerous banks around the city.
Find Consumer Banker jobs in Birmingham, AL
-
Underwriter
Average Salary: $96,706
Underwriters evaluate loan applications for risk. They decide if a loan should be approved or denied. This role is crucial in financial institutions and banks across the city.
Find Underwriter jobs in Birmingham, AL
-
Financial Advisor
Average Salary: $84,132
Financial advisors offer personalized advice to clients. They help with investments, retirement plans, and financial strategies. Many firms in the city offer this role.
Find Financial Advisor jobs in Birmingham, AL
-
Risk Analyst
Average Salary: $80,031
Risk analysts assess potential risks in lending. They analyze data to determine the likelihood of default. This job is available with many financial firms in the city.
Find Risk Analyst jobs in Birmingham, AL
-
Branch Manager
Average Salary: $75,726
Branch managers oversee daily operations at a bank. They manage staff, ensure customer satisfaction, and meet financial goals. This position is available at various bank branches.
Find Branch Manager jobs in Birmingham, AL
-
Credit Analyst
Average Salary: $72,118
Credit analysts evaluate credit applications. They assess the creditworthiness of individuals and businesses. This job is available with banks and financial institutions.
Find Credit Analyst jobs in Birmingham, AL
-
Operations Analyst
Average Salary: $65,503
Operations analysts improve business processes. They analyze data to enhance efficiency. This role is important in financial institutions across the city.
Find Operations Analyst jobs in Birmingham, AL
