Loan Specialist Salary in Troy, MI

Birmingham, MI
Average Salary: $246,000
In Birmingham, MI, professionals working in finance thrive with abundant opportunities in both banking and lending sectors. Major institutions like Fifth Third Bank and Huntington Bank offer various positions to those skilled in loan processing and client management. The competitive salary and strong community support make it an attractive location for finance careers.
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Dearborn, MI
Average Salary: $166,919
Dearborn, MI, is a hub for automotive industry-related jobs, including finance roles. Companies like Ford Motor Company provide various finance positions, including loan specialists. Working here means being part of a dynamic industry with excellent benefits and a chance to work with cutting-edge technology.
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Southfield, MI
Average Salary: $161,125
Southfield, MI, boasts a thriving financial sector with numerous opportunities for those in loan processing. Employers like Quicken Loans and Comerica Bank offer stable positions with solid benefits. The city’s well-developed infrastructure and professional environment support a successful career in finance.
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Rochester Hills, MI
Average Salary: $145,000
Rochester Hills, MI, offers a blend of suburban comfort and professional growth. Loan specialists here work for companies like Chase Bank and TCF National Bank. The area's commitment to financial services provides a steady environment for those looking to advance their careers in finance.
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Farmington Hills, MI
Average Salary: $139,549
Farmington Hills, MI, is known for its strong financial institutions and community support. Loan professionals here find jobs at banks like KeyBank and Huntington Bank. The city’s focus on education and family-friendly lifestyle adds to the appeal for those in finance.
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Royal Oak, MI
Average Salary: $137,917
Royal Oak, MI, features a dynamic job market with opportunities in banking and finance. Loan specialists can find roles at prominent companies like JPMorgan Chase and Fifth Third Bank. The city’s vibrant arts scene and excellent schools make it an attractive place to work and live.
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Livonia, MI
Average Salary: $111,665
Livonia, MI, offers a supportive environment for finance careers with opportunities at banks like Bank of America and TD Bank. Loan professionals here benefit from a strong community focus and a variety of amenities, making it a great place to work and live.
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Novi, MI
Average Salary: $107,346
Novi, MI, is a great place for loan specialists with its growing financial sector. Institutions like PNC Bank and Fifth Third Bank provide excellent career opportunities. The city’s commitment to education and quality of life adds to its appeal for finance professionals.
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Sterling Heights, MI
Average Salary: $83,333
Sterling Heights, MI, offers a range of financial opportunities with local banks like Huntington Bank and Chase. Loan specialists here enjoy a stable job market and community support. The city’s diverse economy and family-friendly environment make it a good choice for career growth in finance.
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United Mortgage Lending
Average Salary: $356,672
United Mortgage Lending offers competitive salaries for Loan Specialists. They operate in Troy, MI, and many other locations. This company is well-known for its professional environment and excellent benefits. Loan Specialists here work on various mortgage products and provide excellent customer service.

eMortgage Funding
Average Salary: $162,500
eMortgage Funding provides a solid salary for Loan Specialists in Troy, MI. The company focuses on mortgage solutions and operates in multiple locations. Loan Specialists here work on a variety of mortgage types, ensuring clients get the best options. The company values teamwork and professional growth.

Rapid Mortgage Funding
Average Salary: $155,333
Rapid Mortgage Funding offers a good salary for Loan Specialists in Troy, MI. The company operates in several locations and specializes in mortgage funding. Loan Specialists here help clients find the best mortgage deals. The company promotes a supportive work environment and continuous learning.

Peoples Bank and Trust
Average Salary: $155,000
Peoples Bank and Trust pays Loan Specialists well in Troy, MI. They operate in multiple locations and offer a variety of banking services. Loan Specialists here assist clients with mortgage needs. The company emphasizes customer satisfaction and professional development.

MortgagePros
Average Salary: $142,300
MortgagePros provides a good salary for Loan Specialists in Troy, MI. They focus on helping clients with their mortgage needs and operate in various locations. Loan Specialists here work on loan applications and customer support. The company offers a positive and collaborative work atmosphere.

Portfolio Manager
Average Salary: $167,300
Portfolio managers analyze investments and suggest options to clients. They work closely with banks and financial companies. They ensure that the investments align with clients’ financial goals.
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Underwriter
Average Salary: $117,428
Underwriters review and assess loan applications. They decide if the applicant can get a loan. This role involves working for banks and financial institutions. They ensure that loans are given to suitable candidates.
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Financial Advisor
Average Salary: $115,630
Financial advisors help people manage their finances. They provide advice on investments, retirement, and saving. Many work for financial services companies. They guide clients to meet their financial goals.
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Sales Specialist
Average Salary: $114,678
Sales specialists promote financial products. They sell insurance, loans, and investment options. They work in various industries, often at financial services firms. They aim to meet sales targets while helping clients.
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Mortgage Loan Originator
Average Salary: $105,677
Loan originators help people apply for home loans. They guide clients through the process and ensure all paperwork is complete. They often work for banks and mortgage companies. They play a key role in helping people buy homes.
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Consumer Banker
Average Salary: $91,200
Consumer bankers assist clients with personal accounts. They offer banking services like loans and credit cards. Many work at local banks and credit unions. They help clients manage their finances effectively.
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Commercial Loan Officer
Average Salary: $78,170
Commercial loan officers evaluate loan applications from businesses. They assess the business’s financial health and determine loan eligibility. They work for banks and financial institutions. They support businesses in accessing necessary funds.
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Operations Analyst
Average Salary: $71,075
Operations analysts review and improve business processes. They identify areas for efficiency and suggest improvements. They often work for financial firms. They help businesses run more smoothly and effectively.
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Loan Servicing Specialist
Average Salary: $69,743
Loan servicing specialists manage loans after they are issued. They handle payments and communicate with borrowers. They work for banks and mortgage companies. They ensure that loan agreements are fulfilled and monitored.
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Branch Manager
Average Salary: $65,523
Branch managers oversee daily operations at a financial institution. They manage staff and ensure clients receive good service. They work for banks and credit unions. They are responsible for the branch’s success and client satisfaction.
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