What are the main factors that influence a Loan Agent's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

What industry pays the highest salary for Loan Agent?

The Financial Services industry offers the highest average compensation for Loan Agent roles, with salaries approximately 30% above the market median.

How does experience change A Loan Agent's salary?

A Loan Agent's salary grows with experience: a Loan Processor I (0-1 years)earns $40,589, a Loan Agent (1-3 years)earns $45,467, a Loan Processor III (3-5 years)earns $55,117, a Loan Processing Supervisor (5+ years)earns $59,565,

What are the highest paying cities for a Loan Agent?

Loan Agent salary varies significantly by city. The top 3 highest paying cities in Missouri for Loan Agent roles are San Jose $59,499, San Francisco $58,847, Oakland $57,607.

How much do different types of Loan Agent roles make?

Salaries for Loan Agent level roles vary by specialization: Loan Underwriting Director: $202,049; Loan Officers and Real Estate Agent: $96,237; Agent Licensing Compliance Manager: $89,500; Loan Underwriter: $65,601; Sales Agent: $61,903.

What specialized skills increase a Loan Agent's salary?

Skills with high demand and low supply, such as Team Operations (up to 7% premium), Leadership (up to 6% premium), Onboarding (up to 5% premium), directly translate to higher compensation. Employers pay more for these capabilities to gain a competitive edge.

Loan Agent Salary in Hematite, MO

How much does a Loan Agent make in Hematite, MO?

As of July 01, 2026, the average salary for a Loan Agent in Hematite, MO is $44,695 per year, which breaks down to an hourly rate of $21.

However, a Loan Agent's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $52,532
Majority Range (25th-75th percentile): $40,989 to $48,797
Entry-Level (10th percentile): $37,615

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Loan Agent Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$48,797	$4,066	$938	$23
Average	$44,695	$3,725	$860	$21
25th Percentile	$40,989	$3,416	$788	$20

You may get higher pay by adjusting the following factors:

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Key Factors That Influence Loan Agent Salaries

A Loan Agent's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

Top Paying Cities for Loan Agents

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:

San Jose: $59,499
San Francisco: $58,847
Oakland: $57,607

San Jose, CA $59,499

San Francisco, CA $58,847

Oakland, CA $57,607

New York, NY $54,314

Paramus, NJ $53,654

Queens Village, NY $53,651

Passaic, NJ $53,607

Bergenfield, NJ $53,602

Stamford, CT $53,499

Huntington, NY $53,479

Newark, NJ $53,131

Bridgeport, CT $53,031

Vallejo, CA $52,937

New Brunswick, NJ $52,918

Petaluma, CA $52,890

Middlesex, NJ $52,800

Somerset, NJ $52,767

Santa Cruz, CA $52,706

Boston, MA $52,418

Monterey, CA $52,253

Seattle, WA $52,145

Santa Rosa, CA $52,135

Los Angeles, CA $52,121

Juneau, AK $51,998

Washington, DC $51,947

Orange, CA $51,779

Santa Ana, CA $51,654

Long Beach, CA $51,607

Anaheim, CA $51,597

Anchorage, AK $51,574

Santa Maria, CA $51,432

Everett, WA $51,423

Danbury, CT $51,257

Bremerton, WA $51,192

Tacoma, WA $51,022

New Suffolk, NY $51,021

Sacramento, CA $51,008

Santa Barbara, CA $50,956

Trenton, NJ $50,904

San Diego, CA $50,904

Brockton, MA $50,852

Fairbanks, AK $50,737

Lompoc, CA $50,616

Lowell, MA $50,578

Ventura, CA $50,569

Nashua, NH $50,560

Stockton, CA $50,555

Modesto, CA $50,211

Poughkeepsie, NY $50,107

Olympia, WA $50,017

Kennewick, WA $50,017

New Haven, CT $49,998

Lawrence, MA $49,829

Hartford, CT $49,781

Riverside, CA $49,772

New Bedford, MA $49,725

Richland, WA $49,725

Bakersfield, CA $49,659

San Bernardino, CA $49,640

New Britain, CT $49,635

Atlantic City, NJ $49,635

New London, CT $49,616

Norwich, CT $49,602

Portsmouth, NH $49,593

Boulder, CO $49,493

Portland, OR $49,428

Worcester, MA $49,423

Minneapolis, MN $49,277

Philadelphia, PA $49,211

Honolulu, HI $49,055

Saint Paul, MN $49,032

Vineland, NJ $49,022

Providence, RI $48,885

Chicago, IL $48,748

Bellingham, WA $48,692

Springfield, MA $48,654

Baltimore, MD $48,640

Chico, CA $48,522

Pittsfield, MA $48,394

Manchester, NH $48,305

Spokane, WA $48,097

Denver, CO $48,093

Albany, NY $47,871

Troy, NY $47,852

Nassau, NY $47,802

Schenectady, NY $47,753

Wilmington, DE $47,715

Burlington, VT $47,649

Salem, OR $47,630

Portland, ME $47,484

Yakima, WA $47,437

Rochester, MN $47,291

Reno, NV $47,267

Fresno, CA $47,267

Milwaukee, WI $47,225

Detroit, MI $47,177

Ann Arbor, MI $47,169

Allentown, PA $47,163

Colorado Springs, CO $47,083

Syracuse, NY $47,059

Carson City, NV $47,059

Houston, TX $46,993

Eugene, OR $46,970

Gary, IN $46,913

Springfield, OR $46,876

Bismarck, ND $46,866

Galveston, TX $46,833

Medford, OR $46,762

Fort Collins, CO $46,743

Concord, NH $46,720

Austin, TX $46,706

Mesa, AZ $46,607

Reading, PA $46,602

Phoenix, AZ $46,597

Dallas, TX $46,583

Saint Cloud, MN $46,538

Madison, WI $46,475

Utica, NY $46,347

Rochester, NY $46,272

Des Moines, IA $46,267

Raleigh, NC $46,262

Atlanta, GA $46,192

Battle Creek, MI $46,177

Salt Lake City, UT $46,163

Lancaster, PA $46,092

Harrisburg, PA $46,026

Kansas City, MO $45,979

Champaign, IL $45,970

Kansas City, KS $45,970

Fort Worth, TX $45,965

Columbus, OH $45,957

Boca Raton, FL $45,946

Pittsburgh, PA $45,927

Richmond, VA $45,908

Indianapolis, IN $45,899

Cleveland, OH $45,894

Las Vegas, NV $45,838

Cincinnati, OH $45,838

Petersburg, VA $45,767

Huntsville, AL $45,696

Lansing, MI $45,665

Lebanon, PA $45,658

Pueblo, CO $45,654

Appleton, WI $45,640

Buffalo, NY $45,621

Dayton, OH $45,607

Racine, WI $45,597

Charlotte, NC $45,592

Saint Louis, MO $45,578

York, PA $45,550

Elkhart, IN $45,550

Gastonia, NC $45,541

Billings, MT $45,530

Beaumont, TX $45,517

Lorain, OH $45,508

Benton Harbor, MI $45,498

Toledo, OH $45,489

Binghamton, NY $45,465

Rock Hill, SC $45,460

Rockford, IL $45,437

Springfield, IL $45,418

Elyria, OH $45,413

Fargo, ND $45,413

Flagstaff, AZ $45,380

Fort Lauderdale, FL $45,352

Duluth, MN $45,324

Miami, FL $45,324

Cheyenne, WY $45,291

Grand Forks, ND $45,291

Bangor, ME $45,187

Cedar Rapids, IA $45,135

Durham, NC $45,115

Louisville, KY $45,111

Grand Rapids, MI $45,102

Hialeah, FL $45,097

Casper, WY $45,031

Scranton, PA $44,974

New Orleans, LA $44,960

Virginia Beach, VA $44,956

Akron, OH $44,932

Peoria, IL $44,871

Sarasota, FL $44,861

Nashville, TN $44,828

Omaha, NE $44,828

Green Bay, WI $44,828

Baton Rouge, LA $44,805

Charleston, SC $44,795

Jamestown, NY $44,772

Davenport, IA $44,772

Tucson, AZ $44,748

Saint Petersburg, FL $44,720

Tampa, FL $44,710

Evansville, IN $44,682

Port Arthur, TX $44,682

Bradenton, FL $44,663

Santa Fe, NM $44,578

Orlando, FL $44,493

Clearwater, FL $44,479

Canton, OH $44,380

La Crosse, WI $44,380

Albuquerque, NM $44,352

Newport News, VA $44,347

High Point, NC $44,333

Ogden, UT $44,314

Corpus Christi, TX $44,276

Norfolk, VA $44,248

Laramie, WY $44,248

Rock Island, IL $44,220

Saginaw, MI $44,210

Jacksonville, FL $44,206

Salisbury, NC $44,196

Boise, ID $44,187

Moline, IL $44,163

Fort Myers, FL $44,149

Memphis, TN $44,139

Tulsa, OK $44,116

Waterloo, IA $44,088

Spartanburg, SC $44,040

Lincoln, NE $44,017

Fort Wayne, IN $44,007

Provo, UT $44,003

Cedar Falls, IA $43,946

San Antonio, TX $43,927

Greensboro, NC $43,908

South Bend, IN $43,904

Savannah, GA $43,852

Muskegon, MI $43,833

Birmingham, AL $43,828

Winston Salem, NC $43,805

Lake Charles, LA $43,691

Anderson, IN $43,682

Lexington, KY $43,668

Augusta, GA $43,654

Greenville, SC $43,654

Lima, OH $43,616

Wichita, KS $43,611

Tuscaloosa, AL $43,611

Columbia, SC $43,569

Springfield, OH $43,559

Asheville, NC $43,484

Bloomington, IN $43,451

Knoxville, TN $43,281

Shreveport, LA $43,276

Wilmington, NC $43,215

Roanoke, VA $43,215

Topeka, KS $43,130

Frankfort, KY $43,125

Oklahoma City, OK $43,092

Chillicothe, OH $43,073

Longview, TX $43,069

Melbourne, FL $43,064

Sioux Falls, SD $42,988

Mobile, AL $42,984

Terre Haute, IN $42,965

Altoona, PA $42,937

Amarillo, TX $42,904

Killeen, TX $42,889

Fayetteville, AR $42,852

Chattanooga, TN $42,838

Sioux City, IA $42,795

Idaho Falls, ID $42,786

Lynchburg, VA $42,748

Gainesville, FL $42,687

Portsmouth, OH $42,663

Little Rock, AR $42,654

Lafayette, LA $42,635

Youngstown, OH $42,635

Daytona Beach, FL $42,606

Clarksville, TN $42,602

Pensacola, FL $42,597

Temple, TX $42,594

Hopkinsville, KY $42,455

Erie, PA $42,446

Florence, SC $42,427

Charleston, WV $42,352

Great Falls, MT $42,328

Macon, GA $42,262

Tallahassee, FL $42,257

Fayetteville, NC $42,248

Waco, TX $42,238

Helena, MT $42,205

Pine Bluff, AR $42,187

Vincennes, IN $42,130

Lubbock, TX $42,111

Alamogordo, NM $42,083

Twin Falls, ID $42,040

Rapid City, SD $42,026

Jackson, MS $41,941

Huntington, WV $41,938

Greenville, MS $41,937

Parkersburg, WV $41,888

Montgomery, AL $41,880

Wichita Falls, TX $41,833

Springfield, MO $41,833

Biloxi, MS $41,809

Monroe, LA $41,762

Johnstown, PA $41,729

Sumter, SC $41,710

Columbus, GA $41,705

Pascagoula, MS $41,616

Abilene, TX $41,616

Kingsport, TN $41,493

Albany, GA $41,493

Gulfport, MS $41,479

Alexandria, LA $41,323

Fort Smith, AR $41,205

El Paso, TX $41,078

Las Cruces, NM $40,866

Harlingen, TX $40,746

Pocatello, ID $40,738

Florence, AL $40,677

Brownsville, TX $40,668

Mcallen, TX $40,569

Dothan, AL $40,502

Columbus, MS $40,222

Altus, OK $40,002

Lawton, OK $39,913

Pierre, SD $39,743

What Skills Can Increase a Loan Agent's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 9.84% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	9.84%
Data Entry	2.85%
Loan Review	1.38%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Agent's salary.

Team Operations: Can increase your salary by up to 7%.
Leadership: Can increase your salary by up to 6%.
Onboarding: Can increase your salary by up to 5%.

Skill	Salary	Salary % Increase
Team Operations	$47,824	7%
Leadership	$47,377	6%
Onboarding	$46,930	5%
Prioritization	$46,930	5%
Presentation	$46,930	5%
Customer Relationship	$46,483	4%

Get Latest Data

Loan Agent Salary by Industry: Top Paying Sectors

For Loan Agent roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Loan Agent positions in Business Services typically offer lower base pay, as this sector often view Loan Agent as a support function rather than a direct revenue driver.

The top paying industry for a Loan Agent

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Financial Services	$58,104	$28.0	30%

Loan Agent Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Agent'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.

Last Updated on July 01, 2026

$40,989

Average $44,695/year

$48,797

$3,416

Average $3,725/month

$4,066

$788

Average $860/week

$938

$20

Average $21/hour

$23

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$48,797	$4,066	$938	$23
Average	$44,695	$3,725	$860	$21
25th Percentile	$40,989	$3,416	$788	$20

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