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Loan Funder Salary in Alabama

How much does a Loan Funder make in Alabama? The salary range for a Loan Funder job is from $32,026 to $43,164 per year in Alabama. Click on the filter to check out Loan Funder job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$37,896
Per Year
The average salary for a Loan Funder is $37,896
per Year in Alabama.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$32,026
$37,896
Medium
$43,164

Highest Paying Cities for Loan Funder in Alabama

Here are the top eight that pay the highest Loan Funder salary in AL. Due to the cost of living in different locations, the Loan Funder salary will also be different. Huntsville with the highest wage for the Loan Funder in Alabama has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Loan Funder

Loan Funder works in Alabama will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Alabama?

The Loan Funder jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Loan Funder, while they have the Loan Funder responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Mortgage Loan Funder
Average salary
United States
$38,711
per Year
Funder
Average salary
United States
$79,265
per Year
Mortgage Funder
Average salary
United States
$35,209
per Year
Escrow Funder
Average salary
United States
$80,259
per Year
Closer Funder
Average salary
United States
$39,531
per Year
Loan Closer
Average salary
United States
$47,100
per Year

How Much Should You Be Earning?

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What Does a Loan Funder Do?

To pursue a career as a loan funder, you typically need relevant work experience, like training at a bank or brokerage firm, and eligibility to obtain national licensing and registration requirements.

December 06, 2021

The Loan Funder will obtain the essential documentation to accurately disburse the funds in accordance with salability guidelines, in addition to the RESPA guidelines.

November 25, 2021

If you want to advance in your career beyond loan funder, you should look at senior positions to see if they have any educational requirements beyond what this job expects.

November 16, 2021

If a court were to find that a deal provided a funder a right to revenue from more than those cases, or regardless of their outcome, it could be considered a ‘recourse’ loan, which carries limits on interest rates.”.

November 06, 2021

As a loan funder, your duties include analyzing financial risk, creating internal documents and reports on the loan process, and determining best practices for the department.

November 05, 2021

Most Common Benefits for Loan Funder

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Loan Funder
Get a personal salary report to know Which factors can influence Loan Funder salary.
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To pursue a career as a loan funder, you typically need relevant work experience, like training at a bank or brokerage firm, and eligibility to obtain national licensing and registration requirements.
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Check the below career pages for detailed pay ranges for similar professions to Loan Funder:
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Edwardsville pays the highest Loan Funder wage. Get personal salary report to explore more salary information in different cities.
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The Loan Funder salary range is $32,026 to $43,164 in AL.
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