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

The average salary for a Loan Specialist is $144,150 per year in Southfield, MI.

A Loan Specialist in Southfield, MI, can expect to earn a good salary. On average, they make about $144,150 per year. This amount can vary based on experience, skills, and the specific company. Some Loan Specialists may earn more, especially those with many years of experience or special expertise.

The salary for Loan Specialists in Southfield can range widely. Here are some figures to give you an idea:

  • Some earn around $30,000 a year.
  • Many earn between $62,727 and $95,455 annually.
  • Experienced specialists can earn over $160,909 per year.
  • A few top earners can make more than $357,273 a year.

Loan Specialist jobs in Southfield, MI

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

Loan specialists seeking high-paying opportunities near Southfield, MI, can explore several cities. Birmingham, MI, offers the highest average salary at about $218,333. This makes it a prime location for those aiming for higher earnings. Nearby, Troy, MI, provides a competitive salary of approximately $195,750, offering another excellent choice. Apart from these top earners, Dearborn, MI, and Royal Oak, MI, also show strong potential for loan specialists. Dearborn offers an average salary of around $168,346, while Royal Oak provides about $158,750. These cities present solid opportunities for those looking to advance their careers in this field.
Graph displaying highest paying cities salaries for Loan Specialist jobs near Southfield, MI, highlighting Birmingham, MI with the highest at $218,333 and Livonia, MI with the lowest at $102,796.
  1. Birmingham, MI
    Average Salary: $218,333
    Birmingham offers a prime location for financial roles. Companies like BB&T and Huntington Bank provide opportunities. Job seekers enjoy a mix of city and suburban living, with strong community support.
    Find Loan Specialist jobs in Birmingham, MI


  2. Troy, MI
    Average Salary: $195,750
    In Troy, the finance sector thrives. Regions and Fifth Third Bank are key employers. The area combines urban amenities with a family-friendly atmosphere.
    Find Loan Specialist jobs in Troy, MI


  3. Dearborn, MI
    Average Salary: $168,346
    Dearborn's economy benefits from the automotive industry. Ford Credit and local banks offer roles in loan services. It’s a diverse area with lots of cultural activities.
    Find Loan Specialist jobs in Dearborn, MI


  4. Royal Oak, MI
    Average Salary: $158,750
    Royal Oak is known for its vibrant community. Comerica and local credit unions hire for financial roles. The city has a lively downtown and many entertainment options.
    Find Loan Specialist jobs in Royal Oak, MI


  5. Rochester Hills, MI
    Average Salary: $146,875
    Rochester Hills has a growing financial sector. Companies like Chase and local credit unions are hiring. The area is family-oriented with great schools and parks.
    Find Loan Specialist jobs in Rochester Hills, MI


  6. Farmington Hills, MI
    Average Salary: $140,179
    In Farmington Hills, finance jobs are abundant. PNC Bank and local financial firms offer opportunities. The community is known for its safety and recreational facilities.
    Find Loan Specialist jobs in Farmington Hills, MI


  7. Detroit, MI
    Average Salary: $120,574
    Detroit is a hub for financial services. Major banks like Bank of America and Capital One offer roles. The city is revitalizing with new businesses and cultural events.
    Find Loan Specialist jobs in Detroit, MI


  8. West Bloomfield Township, MI
    Average Salary: $116,224
    West Bloomfield Township provides numerous financial roles. TD Bank and local credit unions are hiring. The area is suburban with good schools and shopping.
    Find Loan Specialist jobs in West Bloomfield Township, MI


  9. Novi, MI
    Average Salary: $115,875
    Novi is a top choice for finance careers. Comerica and local banks offer many opportunities. It’s a family-friendly area with plenty of parks and activities.
    Find Loan Specialist jobs in Novi, MI


  10. Livonia, MI
    Average Salary: $102,796
    Livonia offers a mix of urban and suburban living. Chase and local credit unions hire for financial roles. The community is known for its friendly atmosphere and good schools.
    Find Loan Specialist jobs in Livonia, MI

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

Job seekers in Southfield, MI, seeking roles as Loan Specialists can find attractive opportunities at United Mortgage Lending and loanDepot. United Mortgage Lending offers a competitive average salary of $347,917, providing a lucrative position for those in the industry. Meanwhile, loanDepot presents another great option with an average salary of $56,667, making it an appealing choice for professionals. Each company values skilled Loan Specialists and offers benefits that can enhance career growth and financial stability.
Graph displaying best paying company salaries for Loan Specialist jobs in Southfield, MI, highlighting United Mortgage Lending with the highest at $347,917 and loanDepot with the lowest at $56,667.
  1. United Mortgage Lending
    Average Salary: $347,917
    United Mortgage Lending offers rewarding Loan Specialist jobs. They help people with their mortgage needs. The company has offices in Southfield, MI, and other areas. They provide training and career growth opportunities.


  2. loanDepot
    Average Salary: $56,667
    At loanDepot, Loan Specialists make loans easy for customers. They work in various locations, including Southfield, MI. loanDepot focuses on customer service and offers a supportive work environment.

Currently 1,252 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
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Loan Specialist
1,252 Job Openings