Position
City
Salary

How much does a Loan Specialist make in Southfield, MI?

The average salary for a Loan Specialist is $153,912 per year in Southfield, MI.

A Loan Specialist in Southfield, MI earns an average yearly salary of about $153,912. This means people in this role can expect to make a good living. These specialists help people with their loans, making sure everything goes smoothly.


The salary range for Loan Specialists in Southfield can vary widely. Some make as low as $30,000 a year, while others make over $390,000. Many factors can affect a Loan Specialist's salary. These include experience, skills, and the company they work for. Those with more experience and higher skills often earn more. Job seekers aiming for the higher end of this range should focus on gaining experience and developing their skills in the field.

Loan Specialist jobs in Southfield, MI

What are the highest paying cities for a Loan Specialist near Southfield, MI?

Loan Specialist jobs offer great opportunities near Southfield, MI. The highest paying cities include Birmingham, MI, with an average salary of $246,000. Nearby, Troy, MI, also offers strong earning potential at around $192,353. These locations make excellent choices for those seeking well-paying roles. Exploring these areas can lead to rewarding career opportunities.
Graph displaying highest paying cities salaries for Loan Specialist jobs near Southfield, MI, highlighting Birmingham, MI with the highest at $246,000 and West Bloomfield Township, MI with the lowest at $93,969.
  1. Birmingham, MI
    Average Salary: $246,000
    Working in Birmingham, MI, as a financial professional offers a prime location near top-tier companies. With organizations like Comerica Bank and Fifth Third Bank, there are many chances to grow. The area is known for its lively community and strong business environment.
    Find Loan Specialist jobs in Birmingham, MI


  2. Troy, MI
    Average Salary: $192,353
    Troy, MI, provides a bustling environment for finance roles. Close to institutions like JPMorgan Chase and Ally Financial, job seekers find ample opportunities. The city's robust business sector and family-friendly atmosphere enhance the work experience.
    Find Loan Specialist jobs in Troy, MI


  3. Dearborn, MI
    Average Salary: $168,346
    In Dearborn, MI, the finance industry is thriving. With the presence of major companies like Ford Motor Company and TCF Bank, professionals have access to diverse opportunities. The area offers a blend of cultural richness and economic strength.
    Find Loan Specialist jobs in Dearborn, MI


  4. Royal Oak, MI
    Average Salary: $152,500
    Royal Oak, MI, is a hub for finance jobs. Home to companies like Quicken Loans and 3M, it attracts many professionals. The city's vibrant culture and well-developed infrastructure create a vibrant work environment.
    Find Loan Specialist jobs in Royal Oak, MI


  5. Rochester Hills, MI
    Average Salary: $145,000
    Rochester Hills, MI, is a great place for finance careers. Companies like BorgWarner and SunTrust Bank offer many positions. The area's mix of suburban living and business activity makes it ideal for professionals.
    Find Loan Specialist jobs in Rochester Hills, MI


  6. Farmington Hills, MI
    Average Salary: $140,181
    Farmington Hills, MI, has a strong finance sector. With the headquarters of Quicken Loans nearby, there are many job opportunities. The city's safe neighborhoods and excellent schools make it a desirable place to work.
    Find Loan Specialist jobs in Farmington Hills, MI


  7. Detroit, MI
    Average Salary: $124,958
    Detroit, MI, offers a dynamic environment for finance roles. Leading companies like PricewaterhouseCoopers and Ernst & Young provide many jobs. The city’s rich history and revitalization efforts create a unique workplace.
    Find Loan Specialist jobs in Detroit, MI


  8. Novi, MI
    Average Salary: $112,761
    Novi, MI, is an excellent location for finance careers. Companies like PricewaterhouseCoopers and the headquarters of Ally Financial are nearby. The city's suburban charm and business-friendly policies enhance career prospects.
    Find Loan Specialist jobs in Novi, MI


  9. Livonia, MI
    Average Salary: $108,696
    Livonia, MI, provides a stable setting for finance jobs. With the presence of institutions like Huntington Bank, there are good opportunities. The area’s blend of urban amenities and community feel supports professional growth.
    Find Loan Specialist jobs in Livonia, MI


  10. West Bloomfield Township, MI
    Average Salary: $93,969
    West Bloomfield Township, MI, offers a prosperous environment for finance careers. Home to the headquarters of Quicken Loans, there are many job opportunities. The area’s well-maintained infrastructure and community events enrich the work experience.
    Find Loan Specialist jobs in West Bloomfield Township, MI

What are the best paying companies for a Loan Specialist in Southfield, MI?

United Mortgage Lending offers one of the highest-paying Loan Specialist jobs in Southfield, MI, with an average salary of $370,577. This top-tier company provides a rewarding career with excellent compensation. For those seeking competitive pay, Green Arrow Staffing also offers Loan Specialist positions, though with a lower average salary of $74,000. Both companies provide valuable opportunities for job seekers.
Graph displaying best paying company salaries for Loan Specialist jobs in Southfield, MI, highlighting United Mortgage Lending with the highest at $370,577 and Green Arrow Staffing with the lowest at $74,000.
  1. United Mortgage Lending
    Average Salary: $370,577
    United Mortgage Lending offers exciting opportunities for Loan Specialists in Southfield, MI. They focus on providing top-notch mortgage services. The company operates in multiple locations, ensuring wide job availability.


  2. Green Arrow Staffing
    Average Salary: $74,000
    Green Arrow Staffing is a well-known company looking for skilled Loan Specialists in Southfield, MI. They offer a dynamic work environment and the chance to grow your career. This company serves various locations, enhancing job opportunities.

Currently 1,087 Loan Specialist job openings, nationwide.

How's the job market for a Loan Specialist in the US?

Learn what a Loan Specialist does, how to become one, and understand the job outlook. Get simple steps to start your career as a Loan Specialist today.
Position
Overview
Loan Specialist
1,087 Job Openings