How much does a Loan Specialist make in Montgomery, AL?
A Loan Specialist in Montgomery, AL, earns an average yearly salary of $112,481. This figure reflects the median salary, which means half of Loan Specialists earn more and half earn less. This role involves helping clients apply for loans and ensuring they meet all requirements. It is a stable job with good earning potential.
The salary for Loan Specialists can vary based on experience and the type of loans they handle. Entry-level specialists might start around $36,500, while those with more experience can earn up to $236,386. This range shows that there are opportunities for growth and higher earnings as one gains more experience. Job seekers should consider these factors when looking for positions in this field.
What are the highest paying cities for a Loan Specialist near Montgomery, AL?

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Wetumpka, AL
Average Salary: $250,042
In Wetumpka, professionals can find rewarding roles in financial services. The community's focus on growth offers opportunities in local banks and credit unions. Working here means being part of a close-knit environment with a strong sense of community.
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Birmingham, AL
Average Salary: $196,621
Birmingham is a hub for financial services, with many job opportunities in banking and lending. The city's diverse economy means you can work with prominent companies like BBVA and Regions Bank. It offers a dynamic work environment with plenty of career growth.
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Opelika, AL
Average Salary: $145,938
Opelika provides a supportive atmosphere for those in the financial sector. The city's smaller size means you can build strong relationships with clients and colleagues. Working here offers a balance between professional growth and a comfortable lifestyle.
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Gadsden, AL
Average Salary: $144,188
Gadsden offers a mix of urban and rural opportunities for financial professionals. The city's growing economy means there are roles in both local banks and larger financial institutions. Working here provides a chance to be part of a community that values hard work and dedication.
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Huntsville, AL
Average Salary: $128,014
Huntsville is known for its vibrant economy and offers many opportunities in finance. The city's focus on technology and innovation means you can work in cutting-edge roles. Companies like Credit Union of Texas and Synovus provide excellent career paths.
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Tuscaloosa, AL
Average Salary: $118,931
Tuscaloosa offers a blend of academic and financial opportunities. The city's strong educational institutions create a skilled workforce. Working here means you can find roles in both local banks and larger financial firms.
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Selma, AL
Average Salary: $109,292
Selma provides a welcoming environment for financial professionals. The city's focus on community and growth offers many opportunities in local banks. Working here means being part of a supportive community with a strong sense of history.
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Mobile, AL
Average Salary: $97,692
Mobile offers a dynamic financial sector with many opportunities for growth. The city's port and trade industries create a unique market for financial services. Working here means you can find roles in both local banks and larger financial institutions.
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Decatur, AL
Average Salary: $83,791
Decatur provides a friendly and supportive environment for financial professionals. The city's smaller size means you can build strong relationships with clients and colleagues. Working here offers a chance to be part of a community that values hard work and dedication.
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Dothan, AL
Average Salary: $82,594
Dothan offers a mix of urban and rural opportunities for financial professionals. The city's growing economy means there are roles in both local banks and larger financial institutions. Working here provides a chance to be part of a community that values hard work and dedication.
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What are the best paying companies for a Loan Specialist in Montgomery, AL?

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Obsidian Financial Services
Average Salary: $250,083
Obsidian Financial Services offers Loan Specialist jobs with competitive salaries. They provide financial services and operate in Montgomery, AL. Their Loan Specialists work on loan applications and customer service.
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Regional Finance
Average Salary: $46,102
Regional Finance is a company that offers Loan Specialist positions. They focus on financial services and have locations in Montgomery, AL. Loan Specialists here handle loans and customer interactions.
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1st Heritage Credit
Average Salary: $36,625
1st Heritage Credit provides Loan Specialist jobs with a good salary. They offer financial services and are based in Montgomery, AL. Loan Specialists at this company work on loan processing and customer support.
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CURO Financial Technologies Corp
Average Salary: $36,563
CURO Financial Technologies Corp has Loan Specialist roles available. They focus on financial technology and have offices in Montgomery, AL. Loan Specialists here manage loans and assist customers.
What are the best paying Loan Specialist related jobs in Montgomery, AL?

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Commercial Loan Officer
Average Salary: $102,500
This role involves assessing and approving loans for businesses. Companies in Montgomery, like local banks and credit unions, seek professionals who understand commercial finance. They work closely with clients to tailor loan options to their needs.
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Portfolio Manager
Average Salary: $88,000
Portfolio managers oversee investment portfolios for clients. They work with firms in Montgomery to ensure investments meet financial goals. This job requires strong analytical skills and a deep understanding of financial markets.
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Financial Advisor
Average Salary: $78,850
Financial advisors help individuals and businesses manage their finances. They work with clients in Montgomery to create personalized financial plans. This role involves advising on investments, retirement, and other financial matters.
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Mortgage Loan Originator
Average Salary: $78,138
Mortgage loan originators assist clients with home loans. They work with lenders in Montgomery to guide clients through the mortgage process. This job requires excellent communication skills and a thorough understanding of mortgage products.
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Fraud Analyst
Average Salary: $72,550
Fraud analysts detect and prevent fraudulent activities. They work with financial institutions in Montgomery to safeguard assets. This role involves analyzing data and identifying suspicious patterns.
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Operations Analyst
Average Salary: $71,305
Operations analysts improve business processes. They work with companies in Montgomery to enhance efficiency. This job requires strong problem-solving skills and attention to detail.
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Sales Specialist
Average Salary: $64,791
Sales specialists promote financial products. They work with firms in Montgomery to meet sales targets. This role involves building relationships and understanding customer needs.
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Underwriter
Average Salary: $61,568
Underwriters assess risk for loans and insurance. They work with lenders and insurers in Montgomery to determine approval. This job requires analytical skills and a deep understanding of risk assessment.
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Branch Manager
Average Salary: $59,628
Branch managers oversee daily operations at financial institutions. They work with branches in Montgomery to ensure smooth operations. This role involves leading teams and managing customer service.
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Personal Banker
Average Salary: $55,800
Personal bankers assist clients with their banking needs. They work with banks in Montgomery to provide financial services. This job requires excellent customer service skills and a thorough understanding of banking products.
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