How much does a Loan Specialist make in Wilmington, NC?
A Loan Specialist in Wilmington, NC can expect to earn a good salary. On average, these professionals make about $103,836 each year. Salaries can range from $41,000 to over $250,000, depending on experience and other factors. Many Loan Specialists fall between $62,273 and $126,091 each year.
Wilmington offers a variety of opportunities for Loan Specialists. Most find jobs with banks, credit unions, and mortgage companies. Some Loan Specialists also work for mortgage brokers and financial institutions. These roles often involve helping clients with loans, reviewing applications, and ensuring all paperwork is correct. Many people in this job find it rewarding and enjoyable.
What are the highest paying cities for a Loan Specialist near Wilmington, NC?

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Fayetteville, NC
Average Salary: $74,107
In Fayetteville, one can find rewarding opportunities in financial services. Many local banks and credit unions look for knowledgeable professionals to help clients with their loan needs. Companies like Cape Fear Valley Health System often have openings that can lead to a stable career.
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Myrtle Beach, SC
Average Salary: $71,936
Myrtle Beach offers a vibrant job market with many chances to work in financial institutions. Professionals can find roles where they assist people in securing loans for their homes and businesses. Popular employers in the area include Grand Strand Health and Coastal Carolina Bank, which provide dynamic work environments.
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Jacksonville, NC
Average Salary: $50,490
Jacksonville has a strong demand for skilled finance professionals. People looking to help others with their loans can find good positions at local banks and finance companies. Key employers such as Truist Bank and Fidelity National Title Insurance offer great career growth.
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Lumberton, NC
Average Salary: $49,300
In Lumberton, there are numerous opportunities in the financial sector. Those who thrive in helping others navigate the loan process will find fulfilling roles at local banks and credit unions. Employers like First Citizens Bank provide excellent career development and a supportive work culture.
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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 to Loan Specialists in Wilmington, NC. They provide a dynamic work environment with opportunities to grow. The company operates nationwide, including branches in Wilmington.
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Live Oak Bank
Average Salary: $160,971
Live Oak Bank values its Loan Specialists, offering a comprehensive compensation package. Job roles here include working with clients to secure mortgage loans. They have a presence in Wilmington, NC, and other major cities across the US.
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Regional Finance
Average Salary: $41,793
Regional Finance offers Loan Specialist positions with a fair salary in Wilmington, NC. Employees contribute to the company's success by helping clients with their financing needs. Regional Finance operates in Wilmington, offering local job opportunities.
What are the best paying Loan Specialist related jobs in Wilmington, NC?

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Financial Advisor
Average Salary: $115,751
This role helps clients manage their finances and investments. Advisors often work with banks or financial services firms, offering advice tailored to each client's needs. Companies like Merrill Lynch and Edward Jones offer such positions.
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Underwriter
Average Salary: $99,339
Underwriters evaluate loan applications to assess risk. This job involves checking applicants' financial information. It often involves working for insurance companies or lenders like Prudential or local credit unions.
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Commercial Loan Officer
Average Salary: $82,740
Loan Officers focus on business loans, helping companies secure funding. This job requires strong communication and negotiation skills. Banks like Bank of America or local credit unions offer these roles.
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Risk Analyst
Average Salary: $82,500
Risk Analysts examine financial data to identify potential threats. They work for banks or insurance companies, ensuring safe lending practices. Major players include Citi and local credit unions.
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Fraud Analyst
Average Salary: $81,250
Fraud Analysts investigate suspicious activities to prevent financial crimes. This job requires keen attention to detail. It's often found in banking or financial institutions like Chase or local banks.
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Sales Specialist
Average Salary: $76,176
Sales Specialists promote financial products to potential clients. They often work for financial institutions or insurance companies, aiming to meet sales targets. Key employers include Allstate and local banks.
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Branch Manager
Average Salary: $75,015
Branch Managers oversee daily operations in a bank branch. They handle staff and ensure smooth service delivery. It is a leadership role often found at banks like Wells Fargo or local credit unions.
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Loan Servicing Specialist
Average Salary: $72,500
These specialists manage existing loans, handling payments and customer service. This job involves working for financial institutions, ensuring clients meet their loan obligations. Key employers include Chase and local lenders.
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Operations Analyst
Average Salary: $66,919
Operations Analysts work on improving efficiency in financial processes. They gather data and recommend changes to streamline operations. This role is common in large banks like Bank of America.
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Portfolio Manager
Average Salary: $61,371
Portfolio Managers oversee investment portfolios, making strategic decisions. They work for investment firms, aiming to maximize returns. Notable companies include Fidelity Investments and local investment firms.
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