How much does a Loan Specialist make in Pasadena, CA?
A Loan Specialist in Pasadena, CA, earns an average yearly salary of $105,357. This figure reflects the median income, which means half of the Loan Specialists earn more than this amount, and half earn less. This salary range offers a good income for those in the field.
The salary for Loan Specialists in Pasadena can vary based on experience and specific job duties. Entry-level specialists may start around $40,000 per year. As they gain experience, their salary can increase significantly. The highest earners in this role can make up to $217,000 annually. This range shows that there are good opportunities for growth and advancement in the field.
What are the highest paying cities for a Loan Specialist near Pasadena, CA?

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Los Angeles, CA
Average Salary: $120,532
In Los Angeles, a bustling hub for finance, you can find many opportunities for those in the lending industry. Major banks and financial institutions offer various roles. The competitive salary makes it an attractive place for professionals.
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Culver City, CA
Average Salary: $108,761
Culver City boasts a thriving financial sector with many companies seeking skilled loan professionals. Working here offers a mix of urban convenience and a supportive work environment. The area is known for its diverse and dynamic business landscape.
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El Monte, CA
Average Salary: $82,076
El Monte provides a community-focused atmosphere with a growing demand for loan specialists. Smaller firms and local banks offer opportunities for career growth. The area is known for its welcoming environment and strong community ties.
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Beverly Hills, CA
Average Salary: $80,252
Beverly Hills is home to high-end financial services where loan specialists can thrive. Working here means dealing with affluent clients and top-tier financial products. The area offers a prestigious work environment with excellent career prospects.
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Glendale, CA
Average Salary: $78,767
Glendale offers a mix of corporate and local opportunities for loan professionals. The city's diverse economy provides various roles in both large institutions and smaller firms. It's a great place for those looking to balance work and lifestyle.
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Alhambra, CA
Average Salary: $70,046
Alhambra is known for its vibrant business community and offers many opportunities for loan specialists. The area has a mix of local and larger companies, providing a range of career options. It's a welcoming place with a strong sense of community.
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Rosemead, CA
Average Salary: $67,527
Rosemead is a hub for financial services with many opportunities for loan professionals. The area is known for its diverse business environment and offers roles in both large and small firms. It's a great place for career growth and development.
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Burbank, CA
Average Salary: $66,776
Burbank offers a dynamic work environment for loan specialists, with many entertainment-related financial services. The city is known for its creative and innovative atmosphere, providing unique opportunities in the lending industry.
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Monterey Park, CA
Average Salary: $48,944
Monterey Park provides a supportive community for loan professionals. The area offers a mix of local businesses and larger firms, providing various career opportunities. It's a great place for those looking for a balanced work-life environment.
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San Gabriel, CA
Average Salary: $39,000
San Gabriel offers a range of opportunities for loan specialists in a vibrant community. The city's diverse economy provides roles in both large institutions and smaller firms. It's a welcoming place with a strong sense of community and career growth potential.
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What are the best paying companies for a Loan Specialist in Pasadena, CA?

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PENNYMAC
Average Salary: $117,766
PENNYMAC offers Loan Specialist jobs in Pasadena, CA. They provide mortgage lending services. PENNYMAC operates nationwide, with a strong presence in California. Loan Specialists here work on various mortgage products, helping clients through the loan process.
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New American Funding
Average Salary: $42,158
New American Funding has Loan Specialist positions in Pasadena, CA. They focus on mortgage lending and work with clients to find the best loan options. This company operates in multiple states, including California. Loan Specialists at New American Funding assist clients in securing mortgage loans and guide them through the application process.
What are the best paying Loan Specialist related jobs in Pasadena, CA?

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Commercial Loan Officer
Average Salary: $178,667
This role involves assessing and approving loans for businesses. Companies like Bank of America and Chase offer these positions. They focus on evaluating the creditworthiness and financial health of businesses.
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Portfolio Manager
Average Salary: $144,226
Portfolio managers oversee investment portfolios for clients. Firms like Fidelity and Vanguard in Pasadena provide these opportunities. They work to maximize returns while managing risks.
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Fraud Analyst
Average Salary: $96,225
Fraud analysts detect and prevent fraudulent activities. Companies such as JPMorgan Chase and Wells Fargo hire for these roles. They analyze transactions to identify suspicious patterns.
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Operations Analyst
Average Salary: $89,950
Operations analysts improve business processes. Firms like Goldman Sachs and Morgan Stanley offer these positions. They study workflows to enhance efficiency and reduce costs.
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Financial Advisor
Average Salary: $89,403
Financial advisors help clients manage their investments. Companies like Edward Jones and Merrill Lynch provide these roles. They offer personalized financial planning and investment strategies.
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Credit Analyst
Average Salary: $87,666
Credit analysts evaluate the creditworthiness of individuals and businesses. Banks like Citibank and U.S. Bank hire for these positions. They assess financial statements to determine loan eligibility.
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Risk Analyst
Average Salary: $82,167
Risk analysts identify and assess financial risks. Companies such as American Express and Capital One offer these roles. They develop strategies to mitigate potential risks.
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Underwriter
Average Salary: $80,595
Underwriters assess the risk of insuring clients. Firms like Allstate and State Farm provide these positions. They review applications and determine the terms of insurance policies.
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Branch Manager
Average Salary: $78,926
Branch managers oversee daily operations at financial institutions. Banks like Bank of America and Wells Fargo offer these roles. They manage staff and ensure customer satisfaction.
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Consumer Banker
Average Salary: $66,000
Consumer bankers assist clients with personal financial needs. Companies like Chase and Citibank offer these positions. They provide services like loans, mortgages, and savings accounts.
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