How much does a Loan Specialist make in Miami, FL?
In Miami, Florida, a Loan Specialist earns an average yearly salary of $179,161. This amount can vary based on experience, skills, and the specific company they work for. For example, less experienced Loan Specialists might start around $42,000 per year, while more seasoned professionals could earn up to $458,364 per year.
Many factors influence these salary figures. An individual's education, certifications, and the type of loans they specialize in can all impact their earnings. Loan Specialists in Miami benefit from the area's dynamic economy and demand for financial services. The diverse range of salaries indicates a lot of opportunities for growth and advancement in this field.
What are the highest paying cities for a Loan Specialist near Miami, FL?
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Pembroke Pines, FL
Average Salary: $232,571
Working in Pembroke Pines offers a chance to assist clients with mortgage solutions. Local banks like Bank of America provide great opportunities. The area's growing community makes it an exciting place to build your career.
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Pompano Beach, FL
Average Salary: $224,077
In Pompano Beach, you'll find a variety of financial institutions seeking skilled professionals. Companies like Chase Bank are hiring for loan specialist roles. This city's vibrant economy offers many chances for growth.
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Hollywood, FL
Average Salary: $215,313
Hollywood is home to numerous financial firms looking for loan specialists. Working with companies like SunTrust Bank can be rewarding. The city's dynamic environment supports career advancement.
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Key West, FL
Average Salary: $199,857
Key West provides a unique setting for those interested in loan specialist roles. Local lenders such as BB&T Bank offer great opportunities. The laid-back atmosphere makes it an enjoyable place to work.
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Hialeah, FL
Average Salary: $180,405
Hialeah has a strong need for skilled loan professionals. Companies like Wells Fargo provide ample job openings. The community's diverse nature creates a rich work experience.
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Homestead, FL
Average Salary: $180,211
Homestead offers a chance to work with local banks in the loan industry. Institutions like Citibank are hiring for specialist positions. The area’s steady growth makes it a stable place to work.
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Fort Lauderdale, FL
Average Salary: $164,548
Fort Lauderdale is a hub for financial services, with many banks seeking loan specialists. Companies such as TD Bank offer excellent career opportunities. The city’s economic vitality provides a dynamic work environment.
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Coral Gables, FL
Average Salary: $143,866
Coral Gables presents a unique opportunity for loan specialists to work with reputable firms. Banks like PNC Financial Services Group are hiring. The city’s affluent community offers a professional atmosphere.
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What are the best paying companies for a Loan Specialist in Miami, FL?
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M
Average Salary: $291,667
At M, Loan Specialist roles focus on providing exceptional mortgage solutions. These specialists work closely with clients to guide them through the mortgage process. M operates in Miami, FL, and has additional locations nationwide.
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Paramount Residential Mortgage Group
Average Salary: $255,000
Paramount Residential Mortgage Group offers Loan Specialist positions with a focus on customer service and mortgage expertise. Specialists at this company work to ensure clients find the right mortgage solution. This company operates in Miami, FL, with several branches across the state.
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Crowe LLP
Average Salary: $110,950
Crowe LLP provides a variety of Loan Specialist jobs, emphasizing compliance and financial analysis. Specialists here play a key role in reviewing and processing loan documents. The company operates in Miami, FL, and has offices throughout the country.
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Cornerstone First Mortgage
Average Salary: $61,364
Cornerstone First Mortgage hires Loan Specialists to help clients with their mortgage needs. These specialists assist clients in finding the right loan options and completing the application process. The company is based in Miami, FL, with several locations in the region.
What are the best paying Loan Specialist related jobs in Miami, FL?
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Mortgage Loan Originator
Average Salary: $180,807
These professionals assess borrowers' finances to decide loan eligibility. They work with clients to find the best mortgage options. Roles exist with various banks and mortgage companies in Miami.
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Compliance Officer
Average Salary: $134,350
Compliance officers ensure companies follow legal and regulatory requirements. They monitor lending practices and help prevent fraud. Banks in Miami hire compliance officers to maintain high standards.
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Commercial Loan Officer
Average Salary: $132,309
These officers evaluate businesses for commercial loans. They assess credit risk and prepare loan documents. Opportunities are available with many financial institutions in Miami.
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Portfolio Manager
Average Salary: $108,485
Portfolio managers oversee investment portfolios for clients. They analyze market trends and make investment decisions. Investment firms in Miami often hire portfolio managers to manage client assets.
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Financial Advisor
Average Salary: $101,917
Financial advisors help individuals and businesses manage their finances. They provide advice on investments, retirement plans, and more. Many financial advisory firms in Miami seek qualified candidates.
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Underwriter
Average Salary: $98,114
Underwriters assess the risk of lending money. They analyze financial data and make recommendations on loan approvals. Insurance companies and banks in Miami have underwriter positions.
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Credit Analyst
Average Salary: $78,813
Credit analysts evaluate the creditworthiness of individuals and businesses. They review financial statements and assess the risk of lending. Jobs for credit analysts are available at financial institutions in Miami.
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Branch Manager
Average Salary: $76,955
Branch managers oversee the day-to-day operations of a bank branch. They supervise staff, manage customer service, and ensure compliance with regulations. Bank branches in Miami often look for experienced managers.
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Operations Analyst
Average Salary: $72,417
Operations analysts improve business processes and efficiency. They gather data, analyze operations, and provide recommendations. Various companies in Miami hire operations analysts to enhance performance.
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Sales Specialist
Average Salary: $67,696
Sales specialists promote and sell financial products. They build relationships with clients and understand their needs. Many firms in Miami seek skilled sales specialists to drive business growth.
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