How much does a Loan Specialist make in Troy, MI?
Loan Specialists in Troy, MI can expect to earn a competitive salary. On average, they make around $182,609 a year. This range can vary based on experience and skills. Some Loan Specialists start at around $30,000, while others earn more than $600,000 annually.
Most Loan Specialists in Troy, MI earn between $81,818 and $392,727 each year. Many find positions in the middle of this range. Here are the salary brackets for different experience levels:
- 15.94% earn between $30,000 and $81,818
- 12.36% earn between $81,818 and $133,636
- 37.09% earn between $133,636 and $185,455
- 9.76% earn between $185,455 and $237,273
- 10.41% earn between $237,273 and $289,091
- 1.30% earn between $289,091 and $340,909
- 0.65% earn between $340,909 and $392,727
- 1.63% earn between $392,727 and $444,545
- 5.86% earn between $444,545 and $600,000
What are the highest paying cities for a Loan Specialist near Troy, MI?
-
Birmingham, MI
Average Salary: $351,500
In Birmingham, MI, professionals in the lending industry find ample opportunities with financial institutions. The city's business environment supports growth and stability. Companies like Fifth Third Bank and Wells Fargo provide excellent platforms for career advancement.
Find Loan Specialist jobs in Birmingham, MI
-
Dearborn, MI
Average Salary: $160,227
Dearborn, MI offers a dynamic setting for finance careers, with key employers such as Ford Motor Company needing skilled financial experts. The city’s robust economy creates a stable job market for those entering the lending field. Local banks also value applicants with strong customer service skills.
Find Loan Specialist jobs in Dearborn, MI
-
Southfield, MI
Average Salary: $155,590
Southfield, MI presents a vibrant job market for those in the financial sector. Major firms such as Quicken Loans and TCF Bank look for dedicated professionals. The city’s thriving business environment supports continuous learning and professional growth.
Find Loan Specialist jobs in Southfield, MI
-
Rochester Hills, MI
Average Salary: $145,000
Rochester Hills, MI is a bustling hub for lending professionals, home to institutions like Chase Bank. The city offers a welcoming atmosphere for career development in finance. The local economy supports a steady demand for skilled financial advisors.
Find Loan Specialist jobs in Rochester Hills, MI
-
Farmington Hills, MI
Average Salary: $136,028
Farmington Hills, MI provides a thriving environment for lending careers. Companies such as Comerica Bank seek knowledgeable professionals. The city’s strong business culture encourages growth and stability in the financial sector.
Find Loan Specialist jobs in Farmington Hills, MI
-
Royal Oak, MI
Average Salary: $127,917
Royal Oak, MI offers a promising landscape for those in the financial industry. Banks like Huntington Bank seek individuals ready to thrive. The city’s business-friendly environment supports career progression in the lending field.
Find Loan Specialist jobs in Royal Oak, MI
-
Bloomfield Hills, MI
Average Salary: $126,905
Bloomfield Hills, MI is known for its vibrant business scene, with firms like TD Bank needing skilled financial experts. The city’s economy provides a stable and rewarding setting for those in the lending field.
Find Loan Specialist jobs in Bloomfield Hills, MI
-
Novi, MI
Average Salary: $122,893
Novi, MI offers a dynamic environment for lending professionals. The city’s businesses, including KeyBank, value applicants with strong financial skills. The local economy fosters career growth and development.
Find Loan Specialist jobs in Novi, MI
-
Livonia, MI
Average Salary: $112,827
Livonia, MI provides a robust platform for financial careers, with employers like PNC Bank seeking experienced professionals. The city’s supportive business environment encourages growth and success in the lending sector.
Find Loan Specialist jobs in Livonia, MI
-
Sterling Heights, MI
Average Salary: $60,917
Sterling Heights, MI presents a promising job market for financial professionals. Companies like Flagstar Bank look for dedicated individuals ready to excel. The city’s economy supports a stable and rewarding career in the lending field.
Find Loan Specialist jobs in Sterling Heights, MI
What are the best paying companies for a Loan Specialist in Troy, MI?
-
United Mortgage Lending
Average Salary: $375,700
United Mortgage Lending offers Loan Specialist jobs with competitive pay. This company operates nationwide, helping clients get the best mortgage deals. They focus on delivering high-quality service in Troy, MI, and beyond.
-
eMortgage Funding
Average Salary: $162,500
eMortgage Funding provides exciting Loan Specialist positions. They offer a strong salary package and are known for their innovative approach to mortgage funding. Their offices in Troy, MI, are part of their extensive network.
-
Rapid Mortgage Funding
Average Salary: $155,333
Rapid Mortgage Funding seeks skilled Loan Specialists. They provide excellent benefits and support. This company operates in Troy, MI, and other locations, helping clients with their mortgage needs.
-
MortgagePros
Average Salary: $125,533
MortgagePros hires Loan Specialists with a focus on customer service. They offer a good salary and have locations in Troy, MI, and other key areas. Their team works hard to ensure clients find the right mortgage solutions.
-
LoanCraft, LLC
Average Salary: $65,000
LoanCraft, LLC offers Loan Specialist jobs with a decent salary. They have a strong presence in Troy, MI, and provide essential mortgage services. Their goal is to help clients navigate the mortgage process with ease.
What are the best paying Loan Specialist related jobs in Troy, MI?
-
Portfolio Manager
Average Salary: $161,917
Manages a portfolio of financial assets. Works with clients to create investment strategies. Collaborates with investment teams in financial institutions.
Find Portfolio Manager jobs in Troy, MI
-
Underwriter
Average Salary: $114,866
Evaluates loan applications. Assesses risk levels. Works with financial institutions to determine approval status.
Find Underwriter jobs in Troy, MI
-
Sales Specialist
Average Salary: $110,325
Sells financial products. Builds relationships with clients. Works in banks and financial firms to promote loan services.
Find Sales Specialist jobs in Troy, MI
-
Financial Advisor
Average Salary: $107,383
Provides advice on financial planning. Helps clients make investment decisions. Works with both individuals and businesses in financial firms.
Find Financial Advisor jobs in Troy, MI
-
Consumer Banker
Average Salary: $91,200
Manages customer accounts. Provides banking services and advice. Works in retail banking to assist clients with loans and savings.
Find Consumer Banker jobs in Troy, MI
-
Mortgage Loan Originator
Average Salary: $86,874
Processes mortgage applications. Guides clients through the loan process. Works with mortgage lenders and financial institutions.
Find Mortgage Loan Originator jobs in Troy, MI
-
Commercial Loan Officer
Average Salary: $79,252
Manages commercial loan applications. Assesses business creditworthiness. Works with businesses to secure funding.
Find Commercial Loan Officer jobs in Troy, MI
-
Loan Servicing Specialist
Average Salary: $69,743
Handles loan payments and customer inquiries. Works in banks to ensure loan accounts are managed properly. Provides excellent customer service.
Find Loan Servicing Specialist jobs in Troy, MI
-
Branch Manager
Average Salary: $65,932
Oversees daily operations in a bank branch. Manages staff and customer service. Ensures smooth running of branch activities.
Find Branch Manager jobs in Troy, MI
-
Operations Analyst
Average Salary: $65,075
Analyzes operational processes. Identifies areas for improvement. Works with financial institutions to optimize efficiency.
Find Operations Analyst jobs in Troy, MI
