Loan Specialist Salary in Spartanburg, SC

A Loan Specialist in Spartanburg, SC, earns an average yearly salary of $81,942. This figure reflects the median income, which means half of Loan Specialists earn more and half earn less. The salary range varies, with some earning as low as $27,000 and others reaching up to $256,375 annually. This range shows that experience, skills, and the specific employer can greatly affect earnings.

The salary distribution for Loan Specialists in Spartanburg, SC, shows that most earn between $47,852 and $110,409 per year. This middle range includes 51.82% of the specialists. A smaller percentage, 21.59%, earn between $68,705 and $89,557. The highest earners, making over $131,261, make up 12.95% of the specialists. This data helps job seekers understand the potential earnings in this field and what they might expect as they gain experience.

1. Greer, SC
   Average Salary: $200,200
   In Greer, SC, professionals work in a thriving business environment. Companies like BMW and Michelin offer many opportunities. With a strong local economy, job seekers can find rewarding roles in the financial sector.
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2. Boiling Springs, SC
   Average Salary: $194,125
   Boiling Springs, SC, provides a supportive community for those in the financial sector. The area is home to several key businesses, including Michelin and BMW. Job seekers can expect a stable job market with growth potential.
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3. Gaffney, SC
   Average Salary: $141,163
   Gaffney, SC, offers a welcoming environment for financial professionals. The city's economy is growing, with companies like Michelin and BMW providing solid job opportunities. Job seekers can find a balance between work and a pleasant lifestyle.
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4. Anderson, SC
   Average Salary: $129,500
   Anderson, SC, is a great place for those in the financial sector. The city has a strong economy, with companies like BMW and Michelin offering many job opportunities. Job seekers can enjoy a supportive community and a good quality of life.
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5. Simpsonville, SC
   Average Salary: $104,750
   In Simpsonville, SC, financial professionals can thrive in a dynamic job market. The city is home to major companies like BMW and Michelin. Job seekers will find a variety of opportunities and a welcoming environment.
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6. Laurens, SC
   Average Salary: $91,375
   Laurens, SC, offers a stable job market for financial professionals. The city's economy is growing, with companies like Michelin and BMW providing good job opportunities. Job seekers can enjoy a peaceful community and a good work-life balance.
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7. Greenville, SC
   Average Salary: $74,106
   Greenville, SC, is a hub for financial professionals. The city has a strong economy, with many companies offering job opportunities. Job seekers will find a vibrant community and a variety of roles to choose from.
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8. Covington, GA
   Average Salary: $36,800
   In Covington, GA, financial professionals can find rewarding job opportunities. The city has a growing economy, with companies offering many roles. Job seekers will enjoy a friendly community and a good quality of life.
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1. Obsidian Financial Services
   Average Salary: $241,250
   Obsidian Financial Services offers exciting opportunities for Loan Specialists in Spartanburg, SC. They focus on providing top-notch financial services. This company operates in multiple locations, including Spartanburg, SC, and is known for its competitive salary and benefits.
   

   
   

2. Regional Finance
   Average Salary: $44,435
   Regional Finance is another great place for Loan Specialists in Spartanburg, SC. They offer a supportive environment and a chance to work with a diverse team. The company operates in various locations, including Spartanburg, SC. While the salary is lower, the company provides valuable experience and growth opportunities.
   

1. Portfolio Manager
   Average Salary: $166,000
   This role involves overseeing a collection of financial assets. Managers work with clients to meet their financial goals. They often collaborate with investment teams to make strategic decisions.
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2. Commercial Loan Officer
   Average Salary: $114,950
   These professionals assess and approve loans for businesses. They analyze financial statements and business plans. They work closely with clients to tailor loan products to their needs.
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3. Operations Analyst
   Average Salary: $58,788
   Analysts review and improve business processes. They identify areas for efficiency and cost savings. They often work with various departments to implement changes.
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4. Financial Advisor
   Average Salary: $54,506
   Advisors provide personalized financial guidance to clients. They help with investment planning and retirement strategies. They work with clients to achieve their financial objectives.
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5. Branch Manager
   Average Salary: $53,914
   Managers oversee daily operations at a branch location. They ensure a smooth customer experience. They also manage staff and handle business development.
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6. Underwriter
   Average Salary: $52,500
   Underwriters evaluate the risk of lending money. They review applications and financial data. They decide whether to approve loans or insurance policies.
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7. Fraud Analyst
   Average Salary: $49,650
   Analysts detect and prevent fraudulent activities. They monitor transactions for suspicious patterns. They work closely with law enforcement when necessary.
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8. Sales Specialist
   Average Salary: $43,908
   Specialists promote and sell financial products. They build relationships with clients. They understand client needs and offer tailored solutions.
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9. Financial Aid Advisor
   Average Salary: $42,644
   Advisors help students and families navigate financial aid options. They explain scholarship and loan details. They assist with applications and paperwork.
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10. Personal Banker
    Average Salary: $41,225
    Bankers provide personalized banking services. They help clients with accounts and transactions. They offer advice on savings and investments.
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