Loan Specialist Salary in Chicago, IL

A Loan Specialist in Chicago, IL, can expect to earn a competitive salary. The average yearly salary for this role is around $85,914. This figure reflects the range of earnings for those in this profession, with many finding themselves within this ballpark. The salary can vary based on experience, skills, and the specific employer.

The salary distribution for Loan Specialists in Chicago shows a range of earnings. The lowest 10% earn about $34,000 per year. The middle 50% earn between $54,216 and $114,864 annually. The top 10% of earners make more than $175,511 per year. These figures highlight the potential for growth and advancement in this career. With experience and skill development, Loan Specialists can see significant increases in their earnings.

1. Orland Park, IL
   Average Salary: $189,594
   In Orland Park, financial professionals thrive in a community that values stability and growth. With companies like Chase and TD Bank, you can find rewarding opportunities. The area offers a mix of corporate and community-focused roles.
   Find Loan Specialist jobs in Orland Park, IL
   

   
   

2. Waukegan, IL
   Average Salary: $86,637
   Waukegan provides a vibrant environment for those in the financial sector. Working with local banks and credit unions, you can expect a supportive community. The city's focus on education and family-friendly activities makes it a great place to live and work.
   Find Loan Specialist jobs in Waukegan, IL
   

   
   

3. Palatine, IL
   Average Salary: $84,146
   Palatine offers a dynamic setting for financial experts. The area is home to several banks and financial institutions. Professionals here enjoy a balance of urban amenities and suburban peace, making it ideal for work and life.
   Find Loan Specialist jobs in Palatine, IL
   

   
   

4. Berwyn, IL
   Average Salary: $83,175
   Berwyn is a bustling hub for financial careers. With institutions like BMO Harris Bank, you can find diverse opportunities. The city's rich cultural scene and convenient location near Chicago add to its appeal.
   Find Loan Specialist jobs in Berwyn, IL
   

   
   

5. Naperville, IL
   Average Salary: $75,114
   Naperville is a prime location for financial specialists. The city boasts major banks and financial firms. Professionals here benefit from a strong economy and a high quality of life, with plenty of recreational activities.
   Find Loan Specialist jobs in Naperville, IL
   

   
   

6. Tinley Park, IL
   Average Salary: $74,910
   Tinley Park offers a welcoming environment for financial professionals. The area is home to several banks and credit unions. With its growing economy and community-focused atmosphere, it's a great place to build a career.
   Find Loan Specialist jobs in Tinley Park, IL
   

   
   

7. Rockford, IL
   Average Salary: $72,541
   Rockford provides a solid foundation for financial careers. The city is home to various banks and financial institutions. Professionals here enjoy a mix of urban and rural living, with a strong sense of community.
   Find Loan Specialist jobs in Rockford, IL
   

   
   

8. Joliet, IL
   Average Salary: $67,297
   Joliet offers a vibrant setting for financial experts. The area is home to several banks and financial firms. With its rich history and growing economy, it's a great place to find rewarding opportunities.
   Find Loan Specialist jobs in Joliet, IL
   

   
   

9. Schaumburg, IL
   Average Salary: $67,189
   Schaumburg is a thriving hub for financial professionals. The city is home to major banks and financial institutions. With its strong economy and excellent schools, it's an ideal place to live and work.
   Find Loan Specialist jobs in Schaumburg, IL
   

   
   

10. Elgin, IL
    Average Salary: $55,327
    Elgin offers a dynamic environment for financial careers. The area is home to several banks and financial firms. With its growing economy and community-focused atmosphere, it's a great place to build a career.
    Find Loan Specialist jobs in Elgin, IL
    

1. Crowe LLP
   Average Salary: $110,950
   Crowe LLP offers Loan Specialist jobs with a focus on providing financial services. They operate in Chicago, IL, and have a reputation for competitive compensation and professional development.
   

   
   

2. TEKsystems
   Average Salary: $75,000
   TEKsystems provides Loan Specialist positions with a strong emphasis on technology and innovation. They are located in Chicago, IL, and offer a dynamic work environment with opportunities for growth.
   

   
   

3. Mutual of Omaha Mortgage
   Average Salary: $51,410
   Mutual of Omaha Mortgage offers Loan Specialist jobs with a focus on customer service. They operate in Chicago, IL, and provide a supportive work environment with a commitment to employee satisfaction.
   

   
   

4. Alliant Credit Union
   Average Salary: $49,483
   Alliant Credit Union provides Loan Specialist positions with a focus on community banking. They are located in Chicago, IL, and offer a collaborative work environment with a strong emphasis on member service.
   

   
   

5. Renovo Financial
   Average Salary: $48,182
   Renovo Financial offers Loan Specialist jobs with a focus on mortgage lending. They operate in Chicago, IL, and provide a supportive work environment with opportunities for career advancement.
   

   
   

6. PNC Financial Services Group
   Average Salary: $45,793
   PNC Financial Services Group provides Loan Specialist positions with a focus on financial services. They are located in Chicago, IL, and offer a diverse work environment with a commitment to employee development.
   

   
   

7. CrossCountry Mortgage, LLC
   Average Salary: $41,657
   CrossCountry Mortgage, LLC offers Loan Specialist jobs with a focus on mortgage lending. They operate in Chicago, IL, and provide a dynamic work environment with opportunities for professional growth.
   

1. Commercial Loan Officer
   Average Salary: $147,066
   This role involves assessing and approving loans for businesses. Companies like JPMorgan Chase and Bank of America offer these positions. They focus on evaluating the creditworthiness of businesses to ensure loans are safe investments.
   Find Commercial Loan Officer jobs in Chicago, IL
   

   
   

2. Portfolio Manager
   Average Salary: $136,676
   Portfolio managers oversee investment portfolios for clients. They work with firms like Goldman Sachs and Northern Trust. They analyze market trends and make decisions to maximize returns while managing risk.
   Find Portfolio Manager jobs in Chicago, IL
   

   
   

3. Compliance Officer
   Average Salary: $122,703
   Compliance officers ensure that companies follow laws and regulations. They work at firms like Wells Fargo and Citibank. They review policies and procedures to ensure everything is in line with legal standards.
   Find Compliance Officer jobs in Chicago, IL
   

   
   

4. Eligibility Consultant
   Average Salary: $116,500
   Eligibility consultants help clients determine their qualifications for various programs. They work with companies like UnitedHealth Group and Humana. They review documents and provide guidance on eligibility criteria.
   Find Eligibility Consultant jobs in Chicago, IL
   

   
   

5. Underwriter
   Average Salary: $113,206
   Underwriters assess risks for insurance companies. They work at firms like Allstate and State Farm. They review applications and decide the terms of insurance policies.
   Find Underwriter jobs in Chicago, IL
   

   
   

6. Credit Analyst
   Average Salary: $99,287
   Credit analysts evaluate the creditworthiness of individuals and businesses. They work with companies like Moody's and Fitch Ratings. They analyze financial data to determine the risk of lending money.
   Find Credit Analyst jobs in Chicago, IL
   

   
   

7. Risk Analyst
   Average Salary: $97,625
   Risk analysts identify and assess potential risks for companies. They work at firms like Deloitte and PwC. They develop strategies to mitigate risks and protect the company's assets.
   Find Risk Analyst jobs in Chicago, IL
   

   
   

8. Mortgage Loan Originator
   Average Salary: $93,935
   Mortgage loan originators help clients secure home loans. They work with companies like Chase and Bank of America. They guide clients through the application process and explain loan terms.
   Find Mortgage Loan Originator jobs in Chicago, IL
   

   
   

9. Financial Advisor
   Average Salary: $93,916
   Financial advisors provide guidance on investments and financial planning. They work with firms like Edward Jones and Merrill Lynch. They help clients create plans to meet their financial goals.
   Find Financial Advisor jobs in Chicago, IL
   

   
   

10. Credit Counselor
    Average Salary: $93,570
    Credit counselors assist individuals with managing debt. They work with organizations like the National Foundation for Credit Counseling. They provide advice on budgeting and debt repayment strategies.
    Find Credit Counselor jobs in Chicago, IL