How much does a Loan Specialist make in Pasadena, CA?
A Loan Specialist in Pasadena, CA, earns an average yearly salary of $110,971. This figure reflects the median income, meaning half of the specialists earn more and half earn less. This salary can vary based on experience, education, and the specific employer.
The salary range for Loan Specialists in Pasadena spans from $42,000 to $217,250. This wide range shows the potential for growth and the impact of different factors on earnings. Specialists with more experience and advanced qualifications often find themselves at the higher end of the scale.
What are the highest paying cities for a Loan Specialist near Pasadena, CA?

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Culver City, CA
Average Salary: $125,885
In Culver City, a Loan Specialist can expect to work with a variety of clients. The area is home to many financial institutions, offering diverse opportunities. Companies like Bank of America and Chase provide a stable environment for growth.
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Los Angeles, CA
Average Salary: $120,622
Los Angeles offers a bustling environment for Loan Specialists. The city's large population means a steady flow of clients. With major banks like Wells Fargo and Citibank, professionals can find ample opportunities for career advancement.
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El Monte, CA
Average Salary: $81,458
El Monte provides a community-focused environment for Loan Specialists. Working in this city means dealing with a diverse clientele. Local banks and credit unions offer a supportive setting for those looking to build their careers.
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Glendale, CA
Average Salary: $78,767
Glendale is known for its vibrant business scene. Loan Specialists here can expect to work in a dynamic environment. The city is home to many financial firms, providing a range of opportunities for professionals.
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Beverly Hills, CA
Average Salary: $76,143
In Beverly Hills, Loan Specialists work in a high-end market. The city attracts affluent clients seeking specialized services. Working with prestigious banks and financial institutions can lead to rewarding career experiences.
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Burbank, CA
Average Salary: $68,694
Burbank offers a mix of corporate and community banking opportunities. Loan Specialists here can work in a supportive environment with companies like Bank of the West. The city's diverse economy provides various career paths.
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Rosemead, CA
Average Salary: $67,527
Rosemead is a hub for financial services in Southern California. Loan Specialists can find many job opportunities with local and national banks. The city's diverse population offers a rich client base for professionals.
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Alhambra, CA
Average Salary: $55,606
Alhambra provides a close-knit community for Loan Specialists. Working here means serving a diverse clientele. The city's financial sector includes several local banks, offering a stable career environment.
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Monterey Park, CA
Average Salary: $48,944
Monterey Park offers a friendly environment for Loan Specialists. The city is known for its strong community ties. Working with local banks and credit unions provides a supportive setting for career growth.
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San Gabriel, CA
Average Salary: $39,500
San Gabriel is a growing city with many opportunities for Loan Specialists. The area is home to a mix of local and national financial institutions. Professionals can find a supportive environment for career development.
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What are the best paying companies for a Loan Specialist in Pasadena, CA?

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PENNYMAC
Average Salary: $120,875
PENNYMAC offers Loan Specialist jobs in Pasadena, CA. They provide a range of mortgage services. PENNYMAC operates nationwide, with a strong presence in California. They focus on offering competitive salaries and benefits.
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New American Funding
Average Salary: $42,877
New American Funding has Loan Specialist jobs in Pasadena, CA. They are a leading mortgage lender. The company operates in multiple states, including California. They offer a supportive work environment and opportunities for growth.
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 working with businesses to help them secure loans. Companies like Bank of America and Chase offer these positions. They focus on assessing the creditworthiness of businesses and managing loan portfolios.
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Portfolio Manager
Average Salary: $142,921
Portfolio managers oversee investment portfolios for clients. Firms such as Fidelity and Vanguard in Pasadena provide these opportunities. They analyze market trends and make investment decisions to maximize returns.
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Fraud Analyst
Average Salary: $96,225
Fraud analysts investigate suspicious activities to prevent fraud. Banks like Wells Fargo and local credit unions hire for these roles. They review transactions and reports to identify potential fraud.
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Operations Analyst
Average Salary: $89,950
Operations analysts improve business processes. Companies like JPMorgan Chase and local banks offer these jobs. They study workflows and suggest improvements to increase efficiency.
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Financial Advisor
Average Salary: $89,362
Financial advisors help clients manage their finances. Firms such as Edward Jones and local brokerages hire for these roles. They provide advice on investments, retirement plans, and other financial matters.
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Credit Analyst
Average Salary: $87,666
Credit analysts assess the credit risk of potential borrowers. Banks like Bank of America and local credit unions offer these positions. They review financial statements and credit histories to determine loan eligibility.
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Risk Analyst
Average Salary: $82,167
Risk analysts identify potential risks for financial institutions. Companies like Goldman Sachs and local banks hire for these roles. They analyze data to predict risks and suggest ways to mitigate them.
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Branch Manager
Average Salary: $80,105
Branch managers oversee daily operations at bank branches. Banks like Chase and local credit unions offer these positions. They manage staff, ensure customer satisfaction, and meet sales targets.
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Underwriter
Average Salary: $79,122
Underwriters assess the risk of insuring clients or issuing loans. Companies like Allstate and local insurance firms offer these roles. They review applications and determine the terms of coverage or loans.
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Consumer Banker
Average Salary: $66,000
Consumer bankers help individuals with their banking needs. Banks like Wells Fargo and local banks hire for these positions. They provide services such as account management, loans, and financial advice.
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