Position
City
Salary

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

The average salary for a Loan Specialist is $196,415 per year in Troy, MI.

A Loan Specialist in Troy, MI earns a competitive salary. On average, they make about $196,415 per year. This salary offers a strong financial reward for the responsibilities and skills needed in this role.

Different Loan Specialists may earn different amounts based on their experience and role. Entry-level specialists may start around $34,000. As experience grows, salaries can rise significantly. Top earners can make over $600,000 annually. The diverse salary range shows plenty of growth opportunities for those in this field.

Loan Specialist jobs in Troy, MI

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

Loan Specialist jobs near Troy, MI have high pay in several cities. Birmingham, MI offers the highest average salary at $218,333. Dearborn, MI follows closely with an average salary of $168,346. If you seek a lucrative position, these cities provide excellent opportunities. Royal Oak, MI, Farmington Hills, MI, and Southfield, MI also offer competitive salaries for Loan Specialists. These cities ensure good earnings and a chance to grow professionally. Choosing one of these cities can lead to a successful career.
Graph displaying highest paying cities salaries for Loan Specialist jobs near Troy, MI, highlighting Birmingham, MI with the highest at $218,333 and Livonia, MI with the lowest at $95,748.
  1. Birmingham, MI
    Average Salary: $218,333
    Loan Specialists in Birmingham, MI can find rewarding opportunities in a range of financial institutions. With companies like Huntington Bank and PNC Bank nearby, professionals here often assist clients with various lending needs. The area’s strong financial sector provides ample career growth.
    Find Loan Specialist jobs in Birmingham, MI


  2. Dearborn, MI
    Average Salary: $168,346
    In Dearborn, MI, Loan Specialists work in a community known for its rich industrial heritage. Ford Motor Company, a major employer, often seeks professionals to manage lending products. The city's diverse economy gives specialists a broad range of experiences.
    Find Loan Specialist jobs in Dearborn, MI


  3. Royal Oak, MI
    Average Salary: $159,500
    Royal Oak, MI offers a vibrant environment for Loan Specialists. With nearby hospitals and healthcare facilities, professionals often deal with medical loans. The city’s welcoming community makes it a great place to build a successful career.
    Find Loan Specialist jobs in Royal Oak, MI


  4. Farmington Hills, MI
    Average Salary: $139,767
    Working as a Loan Specialist in Farmington Hills, MI, means being part of a dynamic financial landscape. The area hosts companies like 1st Source Bank, where specialists help clients with personal and business loans. Farmington Hills is known for its excellent quality of life.
    Find Loan Specialist jobs in Farmington Hills, MI


  5. Southfield, MI
    Average Salary: $131,962
    Southfield, MI, known as the 'Automotive Capital of America,' provides many opportunities for Loan Specialists. With major corporations like Quicken Loans and Ally Financial, specialists here work closely with a diverse client base, supporting a thriving industry.
    Find Loan Specialist jobs in Southfield, MI


  6. Novi, MI
    Average Salary: $126,727
    In Novi, MI, Loan Specialists often find roles in the banking and finance sectors. Companies like TCF Bank and Comerica Bank offer various lending services. The area’s strong economic growth makes it a promising place to advance your career.
    Find Loan Specialist jobs in Novi, MI


  7. Sterling Heights, MI
    Average Salary: $111,286
    Sterling Heights, MI provides a supportive environment for Loan Specialists. With institutions like Fifth Third Bank, specialists help clients navigate mortgage and personal loans. The city’s growth offers opportunities for career advancement.
    Find Loan Specialist jobs in Sterling Heights, MI


  8. Livonia, MI
    Average Salary: $95,748
    Loan Specialists in Livonia, MI benefit from the city's diverse economic base. With prominent banks like Chase and Regions, professionals here play a key role in providing lending solutions. Livonia’s community-focused atmosphere supports career growth.
    Find Loan Specialist jobs in Livonia, MI

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

Job seekers looking for top-paying Loan Specialist positions in Troy, MI, will find excellent opportunities with United Mortgage Lending LLC. This company offers the highest average salary at $302,089. For those considering Blue Whale Lending, the average salary stands at $210,375, making it a strong contender in the area. USA Mortgage provides a competitive salary of $205,125, showcasing a range of high-paying options available to skilled loan specialists.
Graph displaying best paying company salaries for Loan Specialist jobs in Troy, MI, highlighting United Mortgage Lending LLC with the highest at $302,089 and Ease Mortgage with the lowest at $154,167.
  1. United Mortgage Lending LLC
    Average Salary: $302,089
    United Mortgage Lending LLC offers Loan Specialist positions in Troy, MI. This company focuses on delivering top-notch mortgage solutions. It operates across multiple locations, providing specialized services tailored to clients' needs.


  2. Blue Whale Lending
    Average Salary: $210,375
    Blue Whale Lending has Loan Specialist openings in Troy, MI. They are known for their innovative approach to lending. The company's operations extend to various regions, ensuring they meet the diverse financial needs of their clients.


  3. USA Mortgage
    Average Salary: $205,125
    USA Mortgage provides Loan Specialist jobs in Troy, MI. They are committed to excellence in mortgage services. The company operates in several locations, enhancing their ability to serve clients effectively.


  4. CLEAR MORTGAGE
    Average Salary: $199,375
    CLEAR MORTGAGE offers competitive Loan Specialist positions in Troy, MI. They focus on providing clear and transparent mortgage solutions. Their operations cover various regions, allowing them to cater to a wide client base.


  5. Lending Force, LLC
    Average Salary: $198,756
    Lending Force, LLC has Loan Specialist jobs available in Troy, MI. They are dedicated to offering robust mortgage services. Their operations are spread across multiple locations, enhancing their service delivery.


  6. Perry Johnson Mortgage Company
    Average Salary: $168,915
    Perry Johnson Mortgage Company provides Loan Specialist positions in Troy, MI. They focus on delivering excellent mortgage services. Their operations extend to various locations, ensuring they meet the financial needs of their clients.


  7. eMortgage Funding LLC
    Average Salary: $162,500
    eMortgage Funding LLC offers Loan Specialist jobs in Troy, MI. They are known for their innovative mortgage solutions. Their operations cover multiple locations, allowing them to serve a broad client base.


  8. MortgagePros
    Average Salary: $158,640
    MortgagePros has Loan Specialist openings in Troy, MI. They focus on providing professional mortgage services. Their operations are spread across several regions, enabling them to meet the needs of their clients effectively.


  9. Peoples Bank and Trust
    Average Salary: $155,000
    Peoples Bank and Trust offers Loan Specialist positions in Troy, MI. They are committed to delivering reliable mortgage services. Their operations span multiple locations, enhancing their ability to serve clients.


  10. Ease Mortgage
    Average Salary: $154,167
    Ease Mortgage provides Loan Specialist jobs in Troy, MI. They focus on offering easy and accessible mortgage solutions. Their operations cover various regions, ensuring they can meet the financial needs of their clients.

Currently 1,179 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
1,179 Job Openings