How much does a Loan Specialist make in Miami, FL?
A Loan Specialist in Miami, Florida, earns a competitive salary. On average, they make about $165,811 per year. This salary can vary based on experience, skills, and the specific company. Many Loan Specialists in Miami earn between $75,000 and $225,000 annually. The highest earners can make over $450,000 a year. This range shows that there are good opportunities for growth and advancement in this field.
Several factors can influence a Loan Specialist's salary in Miami. These include the type of loans they handle, their level of education, and their certifications. Loan Specialists who work for larger banks or financial institutions often earn more than those in smaller firms. Experience also plays a big role. Those with more years in the industry typically earn higher salaries. Additionally, Loan Specialists who specialize in high-demand areas, such as mortgage or commercial loans, may see higher pay.
What are the highest paying cities for a Loan Specialist near Miami, FL?
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Pembroke Pines, FL
Average Salary: $237,861
In Pembroke Pines, you can find rewarding work with local banks and financial institutions. The area offers a mix of corporate and community-focused roles. Companies like Chase and Wells Fargo provide excellent opportunities.
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Hollywood, FL
Average Salary: $224,867
Hollywood boasts a vibrant job market for those in the financial sector. The city is home to many banks and credit unions. Working here means you can enjoy a dynamic environment with plenty of growth potential.
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Key West, FL
Average Salary: $215,094
In Key West, you can enjoy a unique blend of tourism and finance. The island's financial sector offers a close-knit community feel. Local banks and financial firms provide a supportive environment for career development.
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Homestead, FL
Average Salary: $202,559
Homestead offers a growing job market with opportunities in both banking and mortgage sectors. The area is seeing increased investment, creating new roles. Local banks and financial companies are expanding their teams.
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Hialeah, FL
Average Salary: $182,617
Hialeah provides a diverse job market with many opportunities in finance. The city's financial institutions offer a variety of roles. Working here means you can be part of a growing community with many career paths.
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Fort Lauderdale, FL
Average Salary: $168,676
Fort Lauderdale is a hub for financial services with many opportunities in banking and lending. The city's dynamic economy offers a range of roles. Companies like Bank of America and SunTrust are prominent employers.
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Pompano Beach, FL
Average Salary: $166,426
Pompano Beach offers a stable job market with many opportunities in finance. The area's financial institutions provide a supportive work environment. Local banks and credit unions are always looking for skilled professionals.
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Coral Gables, FL
Average Salary: $108,766
Coral Gables provides a prestigious job market with many opportunities in finance. The city's financial sector is well-established. Working here means you can be part of a community that values professionalism and growth.
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What are the best paying companies for a Loan Specialist in Miami, FL?
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Paramount Residential Mortgage Group
Average Salary: $251,667
Paramount Residential Mortgage Group offers Loan Specialist jobs with competitive salaries. They focus on providing mortgage solutions and have offices in Miami, FL. Their Loan Specialists work closely with clients to tailor mortgage solutions.
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M
Average Salary: $240,000
M is a leading company in the mortgage industry. They offer high-paying Loan Specialist jobs in Miami, FL. Their Loan Specialists play a key role in helping clients secure mortgages. M operates multiple branches in Miami.
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Crowe LLP
Average Salary: $110,950
Crowe LLP provides Loan Specialist jobs with a strong focus on financial services. They have offices in Miami, FL, where Loan Specialists work on various mortgage-related tasks. Their role involves detailed analysis and client support.
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Cornerstone First Mortgage
Average Salary: $60,278
Cornerstone First Mortgage offers Loan Specialist jobs with a focus on customer service. They have locations in Miami, FL. Loan Specialists at this company assist clients in finding the best mortgage options. They work in a dynamic and supportive environment.
What are the best paying Loan Specialist related jobs in Miami, FL?
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Mortgage Loan Originator
Average Salary: $169,959
This role involves helping clients find the right mortgage. They work with banks and credit unions. They assess clients' financial situations and guide them through the application process. They need strong communication and negotiation skills.
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Compliance Officer
Average Salary: $139,567
This role ensures that financial institutions follow laws and regulations. They review policies and procedures. They work to prevent fraud and ensure ethical practices. They need a keen eye for detail and a strong understanding of financial laws.
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Commercial Loan Officer
Average Salary: $124,434
They help businesses secure loans and credit. They assess the financial health of companies. They work with businesses to find the best loan options. They need strong analytical skills and a good understanding of business finance.
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Portfolio Manager
Average Salary: $102,701
They manage investment portfolios for clients. They analyze market trends and make investment decisions. They work with clients to meet their financial goals. They need strong analytical skills and a good understanding of the financial markets.
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Underwriter
Average Salary: $94,433
They assess the risk of lending money. They review loan applications and financial documents. They decide whether to approve loans. They need strong analytical skills and attention to detail. They work for banks and insurance companies.
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Financial Advisor
Average Salary: $93,503
They help clients manage their finances. They provide advice on investments, retirement, and other financial matters. They work with clients to create a financial plan. They need strong communication skills and a good understanding of financial products.
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Branch Manager
Average Salary: $75,463
They oversee the daily operations of a bank branch. They manage staff and ensure customer satisfaction. They handle financial transactions and customer inquiries. They need strong leadership skills and a good understanding of banking operations.
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Operations Analyst
Average Salary: $74,237
They analyze and improve business processes. They identify areas for improvement and develop solutions. They work with different departments to implement changes. They need strong analytical skills and attention to detail.
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Credit Analyst
Average Salary: $73,685
They assess the creditworthiness of individuals and businesses. They review financial documents and credit reports. They decide whether to approve loans or credit. They need strong analytical skills and attention to detail. They work for banks and credit unions.
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Sales Specialist
Average Salary: $68,644
They sell financial products and services. They meet with clients and understand their needs. They provide information and recommendations. They need strong communication skills and a good understanding of financial products.
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