How much does a Loan Specialist make in Wilmington, NC?
A Loan Specialist working in Wilmington, North Carolina, typically earns a solid income. The average yearly salary for this role in the area is around $111,422. This figure varies based on experience, qualifications, and specific responsibilities. Most Loan Specialists see their earnings fall between the lower and higher ends of the salary range.
Job seekers can expect to earn anywhere from $41,000 to $275,000 annually. To give you an idea of where most specialists land, the majority earn between $62,273 and $253,727 per year. These figures show a healthy earning potential in Wilmington for those in this field. A Loan Specialist's role is crucial, and the compensation often reflects the skill and experience needed to excel.
What are the highest paying cities for a Loan Specialist near Wilmington, NC?

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Fayetteville, NC
Average Salary: $73,746
In Fayetteville, financial institutions like Bank of America and Wells Fargo offer good opportunities. People in these roles help clients find the best loans for their needs. Working here means strong community ties and a variety of loan options to explore.
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Myrtle Beach, SC
Average Salary: $65,873
Myrtle Beach has a growing job market for those in the lending field. Companies like Chase and TD Bank provide chances to work with a diverse clientele. The area’s tourism can bring in a steady stream of clients looking for loan services.
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Jacksonville, NC
Average Salary: $52,576
Jacksonville is home to lenders like PNC Bank and Capital One. Loan specialists here work with both individuals and businesses. The city's strong economy offers many opportunities for those in this field to grow and succeed.
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Lumberton, NC
Average Salary: $48,899
Lumberton has a welcoming environment for those in the lending industry. At banks like SunTrust and BB&T, specialists help clients navigate the loan process. The city’s slower pace allows for close community connections.
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Conway, SC
Average Salary: $35,000
Conway offers a mix of big banks and local credit unions for loan specialists. Companies like First National Bank of Conway provide a stable platform for professionals. The area’s growing population means more opportunities for loan services.
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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 in Wilmington, NC, offers competitive salaries for Loan Specialists. The company provides a dynamic work environment where Loan Specialists handle various mortgage-related tasks. They support clients with loan applications, approvals, and closings. They work in Wilmington, NC, and also serve clients in other parts of North Carolina.
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Live Oak Bank
Average Salary: $153,529
Live Oak Bank is known for offering attractive compensation to Loan Specialists in Wilmington, NC. Here, Loan Specialists play a key role in the lending process, assisting clients with a range of services from loan applications to mortgage processing. They serve clients in Wilmington, NC, and other locations across the state.
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Regional Finance
Average Salary: $41,000
Regional Finance in Wilmington, NC, provides Loan Specialists with opportunities to work in a supportive environment. Loan Specialists assist clients with loan applications and guide them through the mortgage process. They serve clients in Wilmington, NC, as well as other areas within the region.
What are the best paying Loan Specialist related jobs in Wilmington, NC?

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Financial Advisor
Average Salary: $114,064
Financial advisors work with clients to help them reach their financial goals. They offer advice on investments, retirement, and other financial matters. In Wilmington, clients can find this service at many local banks and financial firms.
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Risk Analyst
Average Salary: $108,070
Risk analysts assess potential risks for a company's investments. They study market trends and financial data. Local banks and financial institutions often need risk analysts in Wilmington to manage their portfolios.
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Underwriter
Average Salary: $99,339
Underwriters evaluate the risk of lending money. They review loan applications to ensure they meet specific criteria. Many underwriters work at banks and insurance companies in Wilmington.
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Commercial Loan Officer
Average Salary: $87,988
Commercial loan officers help businesses secure loans. They work with companies to understand their financial needs. This role is available in various banks and financial institutions in Wilmington.
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Fraud Analyst
Average Salary: $81,250
Fraud analysts detect and prevent fraud. They analyze transactions for suspicious activity. Wilmington’s banks and financial firms hire fraud analysts to protect their clients’ assets.
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Branch Manager
Average Salary: $78,151
Branch managers oversee day-to-day operations of a bank branch. They ensure customers receive excellent service. In Wilmington, branch managers play a key role in local banking operations.
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Sales Specialist
Average Salary: $74,902
Sales specialists promote financial products to clients. They need strong communication skills and a good understanding of financial products. Wilmington offers many opportunities in this role at various companies.
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Loan Servicing Specialist
Average Salary: $73,515
Loan servicing specialists manage loan accounts. They handle payments and communicate with borrowers. This job is common in Wilmington’s banking and financial sectors.
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Portfolio Manager
Average Salary: $70,654
Portfolio managers oversee investment portfolios. They aim to maximize returns while managing risk. Wilmington has many opportunities for portfolio managers at local investment firms.
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Operations Analyst
Average Salary: $66,736
Operations analysts improve a company’s efficiency. They analyze data and recommend changes. This role is in demand in Wilmington’s banking and financial services sector.
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