How much does a Loan Specialist make in Wilmington, NC?
In Wilmington, NC, a Loan Specialist can expect to earn a competitive salary. On average, Loan Specialists in this area make about $103,298 per year. This figure can vary based on experience, skills, and the specific employer. Many Loan Specialists find this salary to be quite rewarding, offering a good balance between effort and compensation.
The salary range for Loan Specialists in Wilmington, NC, spans from around $38,000 to over $250,000 annually. This range reflects the different levels of expertise and responsibilities that come with the job. For those just starting, salaries tend to be on the lower end, while more experienced professionals can earn significantly more. This variety allows for growth and advancement in the field, making it an attractive career choice for many.
What are the highest paying cities for a Loan Specialist near Wilmington, NC?
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North Myrtle Beach, SC
Average Salary: $244,375
In North Myrtle Beach, you can find rewarding work with local banks and financial institutions. The area's tourism industry offers many opportunities for those who can help visitors secure loans. The pleasant climate and vibrant community make it a great place to build a career.
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Myrtle Beach, SC
Average Salary: $168,001
Myrtle Beach is a hub for financial services, with many banks and credit unions seeking skilled professionals. The city's booming economy and large population provide a steady stream of clients needing loan assistance. Working here offers both professional growth and a dynamic lifestyle.
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Conway, SC
Average Salary: $124,429
Conway offers a mix of small-town charm and big-city opportunities. Local lenders and financial firms are always in need of knowledgeable specialists. The area's growing population and strong economy create a steady demand for loan services.
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Lumberton, NC
Average Salary: $122,788
Lumberton provides a supportive environment for those in the loan industry. The city's financial sector is expanding, offering various roles in both banks and private firms. The community is welcoming and offers a good quality of life.
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Jacksonville, NC
Average Salary: $103,500
In Jacksonville, you can work with a variety of financial institutions, including local banks and credit unions. The military presence in the area means many service members need loan assistance. The city's growth offers many opportunities for career advancement.
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Georgetown, SC
Average Salary: $83,600
Georgetown is a great place for loan specialists to thrive. The city's historic charm and growing economy attract many financial firms. Working here means you'll be part of a tight-knit community with a strong focus on customer service.
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Fayetteville, NC
Average Salary: $64,259
Fayetteville offers diverse opportunities in the financial sector. The city's large population and military presence create a steady demand for loan services. Working here means you'll be part of a vibrant community with many professional development opportunities.
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What are the best paying companies for a Loan Specialist in Wilmington, NC?
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Paramount Residential Mortgage Group
Average Salary: $250,000
Paramount Residential Mortgage Group offers competitive salaries for Loan Specialists. They focus on providing mortgage services and have offices in Wilmington, NC. Loan Specialists here work closely with clients to tailor mortgage solutions.
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Obsidian Financial Services
Average Salary: $242,500
Obsidian Financial Services is known for its high-paying Loan Specialist positions. They offer a variety of financial services and are located in Wilmington, NC. Their Loan Specialists play a key role in processing loans and ensuring customer satisfaction.
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Live Oak Bank
Average Salary: $170,801
Live Oak Bank provides a solid salary for Loan Specialists. They offer banking and financial services and have offices in Wilmington, NC. Loan Specialists at Live Oak Bank work on loan approvals and customer service.
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Regional Finance
Average Salary: $44,817
Regional Finance offers a lower salary for Loan Specialists but provides a supportive work environment. They focus on lending services and are located in Wilmington, NC. Loan Specialists here assist with loan applications and customer inquiries.
What are the best paying Loan Specialist related jobs in Wilmington, NC?
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Financial Advisor
Average Salary: $109,288
Financial advisors help clients manage their money. They work with individuals and businesses to create financial plans. They often advise on investments, retirement, and insurance.
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Underwriter
Average Salary: $92,256
Underwriters assess the risk of lending money. They review loan applications and decide if they should be approved. They work for banks and insurance companies.
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Eligibility Consultant
Average Salary: $83,500
Eligibility consultants help people understand if they qualify for certain programs. They work with clients to review their financial situation. They often assist with loan applications and benefits.
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Commercial Loan Officer
Average Salary: $82,740
Commercial loan officers help businesses get loans. They review business plans and financial statements. They work to find the best loan options for their clients.
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Risk Analyst
Average Salary: $82,500
Risk analysts evaluate potential risks for companies. They look at financial data and market trends. They help businesses make informed decisions to avoid losses.
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Fraud Analyst
Average Salary: $81,250
Fraud analysts investigate suspicious activities. They look for signs of fraud in financial transactions. They work to protect companies and their customers from financial crimes.
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Sales Specialist
Average Salary: $77,561
Sales specialists promote financial products. They work with clients to understand their needs. They help clients find the right financial solutions for their goals.
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Loan Servicing Specialist
Average Salary: $73,700
Loan servicing specialists manage loans after they are issued. They handle payments and customer service. They ensure that loans are paid on time and correctly.
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Operations Analyst
Average Salary: $65,438
Operations analysts improve business processes. They study workflows and find ways to make them more efficient. They work with different departments to implement changes.
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Branch Manager
Average Salary: $64,427
Branch managers oversee a company's local office. They manage staff and ensure smooth operations. They work to meet customer needs and achieve business goals.
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