As of July 01, 2026, the average salary for a Loan Quality Auditor III in the United States is $106,695 per year, which breaks down to an hourly rate of $51.
However, a Loan Quality Auditor III's salary can vary significantly. Here’s a look at the typical salary range:
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Loan Quality Auditor III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $118,872 | $9,906 | $2,286 | $57 |
| Average | $106,695 | $8,891 | $2,052 | $51 |
| 25th Percentile | $87,834 | $7,320 | $1,689 | $42 |
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A Loan Quality Auditor III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, and company size can directly affect your earning potential.
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Quality Auditor IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Loan Quality Auditor III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $113,812. While startup companies pay approximate $96,582.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $96,582 |
| Growth Stage | 51~500 | $102,074 |
| Established | 501~5000 | $110,008 |
| Enterprise | 5000+ | $113,812 |
For Loan Quality Auditor III roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Loan Quality Auditor positions in Business Services typically offer lower base pay, as this sector often view Loan Quality Auditor III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $117,365 | $56.0 | 10% |
| Edu., Gov't. & Nonprofit | $112,030 | $54.0 | 5% |
Understanding how a Loan Quality Auditor III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $118,872 | $9,906 | $2,286 | $57 |
| Average | $106,695 | $8,891 | $2,052 | $51 |
| 25th Percentile | $87,834 | $7,320 | $1,689 | $42 |
For a Loan Quality Auditor III, the most direct path to higher earnings is advancing to the Loan Quality Audit Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $113,550 - a projected growth of 6% over your current level.
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Compensation PlanningHere are companies hiring for Loan Quality Auditor III and their salaries, click below for more details.
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A Loan Quality Auditor III's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Loan Quality Auditor III earns the most in San Jose, CA, where the annual salary of a Loan Quality Auditor III is $134,575.
The highest pay for Loan Quality Auditor III is $129,958.
The lowest pay for Loan Quality Auditor III is $70,662.
Audits loan operations, processes, and documentation to ensure accuracy, completeness, and compliance with policies and regulations. Monitors and audits the quality of credit decisions, funded loans, and internal credit standards. Reviews loan origination, processing, underwriting, and servicing activities to identify errors, discrepancies, and process gaps. Evaluates documentation, workflows, and system controls to ensure adherence to established standards. Identifies operational risks, recommends corrective actions, and monitors the implementation of remediation efforts and governance controls. Prepares audit reports and communicates findings to relevant stakeholders. Requires a bachelor's degree. Typically reports to a manager. Work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. Typically requires 4-7 years of related experience.
The Financial Services industry offers the highest average compensation for Loan Quality Auditor III roles, with salaries approximately 10% above the market median.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
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