How much does a Loan Specialist make in St. Louis, MO?
A Loan Specialist in St. Louis, MO, earns an average yearly salary of $72,175. This salary can vary based on experience and other factors. Most Loan Specialists earn between $50,455 and $104,318 annually. The top earners in this field make over $122,000 each year.
The salary range for Loan Specialists in St. Louis shows a wide spread. About 56% of Loan Specialists earn between $50,455 and $86,364. Another 11.9% earn between $86,364 and $104,318. The highest earners, making over $122,000, make up a smaller portion of the workforce. This range offers opportunities for growth and advancement in the field.
What are the highest paying cities for a Loan Specialist near St. Louis, MO?

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Atlanta, GA
Average Salary: $165,107
In Atlanta, a thriving financial hub, professionals can find rewarding opportunities in the banking sector. Companies like SunTrust and Bank of America offer dynamic environments for those in the loan industry. The city's diverse economy provides a robust market for loan specialists.
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Memphis, TN
Average Salary: $130,100
Memphis boasts a growing financial sector, making it an excellent place for loan specialists. With institutions like Regions Bank and First Horizon Bank, job seekers can expect competitive salaries and career growth. The city's supportive business climate encourages professional development.
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Little Rock, AR
Average Salary: $119,385
Little Rock offers a stable environment for loan specialists, with prominent banks like Arvest Bank and Simmons Bank. The city's moderate cost of living and friendly community make it an attractive choice for professionals. Opportunities for advancement are plentiful in this growing market.
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Cincinnati, OH
Average Salary: $104,026
Cincinnati is a key player in the financial industry, with major banks like Fifth Third Bank and Chase offering excellent positions. Loan specialists in this city benefit from a strong professional network and a variety of career opportunities. The city's vibrant culture enhances the overall work experience.
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Fort Worth, TX
Average Salary: $103,604
Fort Worth's booming economy provides a fertile ground for loan specialists. Companies like Wells Fargo and Chase Bank are prominent employers. The city's affordable living costs and dynamic job market make it an ideal place for career growth in the loan industry.
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Kansas City, MO
Average Salary: $100,931
Kansas City offers a mix of urban and suburban opportunities for loan specialists. With banks like Bank of America and Wells Fargo, professionals can find stable and rewarding careers. The city's diverse economy supports a wide range of financial services roles.
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Nashville, TN
Average Salary: $99,646
Nashville's growing financial sector provides many opportunities for loan specialists. Major banks like Regions Bank and First Horizon Bank are hiring. The city's lively atmosphere and strong professional community make it a great place to work in the loan industry.
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Columbus, OH
Average Salary: $91,545
Columbus is a hub for financial services, offering numerous opportunities for loan specialists. Banks like Huntington Bank and Fifth Third Bank are key employers. The city's affordable cost of living and supportive business environment enhance career prospects in the loan industry.
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Chicago, IL
Average Salary: $87,757
Chicago's financial industry is one of the largest in the nation, offering many opportunities for loan specialists. Major banks like JPMorgan Chase and Bank of America provide competitive salaries and career growth. The city's vibrant culture and professional network make it an exciting place to work.
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Pittsburgh, PA
Average Salary: $82,943
Pittsburgh offers a unique blend of urban and suburban opportunities for loan specialists. With banks like PNC Bank and U.S. Bank, professionals can find rewarding careers. The city's lower cost of living and strong professional community make it an attractive choice for those in the loan industry.
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What are the best paying companies for a Loan Specialist in St. Louis, MO?

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Wells Fargo
Average Salary: $169,560
Wells Fargo offers Loan Specialist jobs with a strong focus on customer service and financial expertise. The company operates multiple branches across St. Louis, providing various loan products. Loan Specialists work closely with clients to understand their needs and offer tailored solutions.
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Veterans United Home Loans
Average Salary: $83,500
Veterans United Home Loans provides Loan Specialist jobs with a mission to assist veterans and active-duty military members with their home financing needs. The company operates in several locations in St. Louis, offering a supportive environment for Loan Specialists to help clients secure mortgage loans.
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PENNYMAC
Average Salary: $50,800
PENNYMAC offers Loan Specialist jobs in St. Louis, focusing on mortgage lending and servicing. The company operates in various locations, providing Loan Specialists with opportunities to work on a range of mortgage-related tasks and support clients through the loan process.
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TEKsystems
Average Salary: $43,400
TEKsystems provides Loan Specialist jobs with a focus on technology and financial services. The company operates in multiple locations in St. Louis, offering Loan Specialists the chance to work on innovative projects and support clients with their loan needs.
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Insight Global
Average Salary: $43,115
Insight Global offers Loan Specialist jobs with a commitment to professional growth and client service. The company operates in several locations in St. Louis, providing Loan Specialists with opportunities to work on diverse loan products and support clients effectively.
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Kforce
Average Salary: $42,333
Kforce provides Loan Specialist jobs with a focus on staffing and recruitment services. The company operates in various locations in St. Louis, offering Loan Specialists the chance to work on temporary and permanent loan-related positions and support clients with their financial needs.
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Sun Loan Company
Average Salary: $35,845
Sun Loan Company offers Loan Specialist jobs with a focus on providing personal loans to clients. The company operates in several locations in St. Louis, offering Loan Specialists the opportunity to work on loan applications and support clients through the borrowing process.
What are the best paying Loan Specialist related jobs in St. Louis, MO?

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Compliance Officer
Average Salary: $199,995
This role ensures that financial practices meet legal standards. It involves reviewing company policies and procedures. Companies like Bank of America and Edward Jones hire for this position.
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Portfolio Manager
Average Salary: $115,262
Portfolio managers oversee investments for clients. They analyze market trends and make decisions to maximize returns. Firms such as Wells Fargo and Edward Jones offer these roles.
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Risk Analyst
Average Salary: $114,547
Risk analysts assess potential risks for financial institutions. They develop strategies to mitigate these risks. Companies like JPMorgan Chase and Edward Jones look for skilled risk analysts.
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Commercial Loan Officer
Average Salary: $113,571
Commercial loan officers evaluate loan applications for businesses. They work closely with clients to understand their needs. Banks such as Bank of America and Wells Fargo hire for these positions.
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Underwriter
Average Salary: $96,041
Underwriters assess the risk of lending money. They review applications and determine eligibility. Companies like Edward Jones and JPMorgan Chase offer underwriting roles.
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Credit Analyst
Average Salary: $93,797
Credit analysts evaluate the creditworthiness of individuals and businesses. They provide recommendations on loan approvals. Firms such as Bank of America and Wells Fargo seek credit analysts.
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Financial Advisor
Average Salary: $90,327
Financial advisors help clients manage their investments. They provide personalized advice and strategies. Companies like Edward Jones and Morgan Stanley offer these positions.
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Operations Analyst
Average Salary: $73,820
Operations analysts improve business processes. They analyze data and suggest improvements. Companies like JPMorgan Chase and Bank of America hire for these roles.
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Mortgage Loan Originator
Average Salary: $70,128
Mortgage loan originators assist clients in securing home loans. They guide clients through the application process. Firms like Wells Fargo and Chase Bank offer these positions.
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Loan Servicing Specialist
Average Salary: $69,454
Loan servicing specialists manage loan accounts. They handle payments and customer inquiries. Companies like Bank of America and Chase Bank hire for these roles.
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