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Loan Review Salary in Grand Rapids, MI

How much does a Loan Review make in Grand Rapids, MI? The salary range for a Loan Review job is from $40,559 to $52,577 per year in Grand Rapids, MI. Click on the filter to check out Loan Review job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at December 01, 2024
$46,237
Per Year
The average salary for a Loan Review is $46,237
per Year in Grand Rapids, MI.
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
$40,559
$46,237
Medium
$52,577

Highest Paying Cities for Loan Review near Grand Rapids, MI

We list eight cities that pay high wages to Loan Review near Grand Rapids. The salary difference may cause by many reasons, such as the cost of living. The competition will also be fiercer where wages are high. Click the city name to learn more about the Loan Review pay level in these cities.

States with Higher Salaries for Loan Review

Here are the top five states that pay the highest Loan Review salary in the United States. District of Columbia takes first place with the highest Loan Review salary is $53,054 per Year. California and New Jersey take the second and third place with $52,577 per Year and $52,243 per Year in the list. A higher average Loan Review salary indicates a higher cost of living too.

How Much Do Similar Professions Get Paid in Grand Rapids, MI?

The following job titles have similar responsibilities as a Loan Review. However, the different job titles may have different salaries. Learn each job, and finger out the most suitable position with the highest wage for you in your city.
Loan Review Officer
Average salary
United States
$68,984
per Year
Loan Review Analyst
Average salary
United States
$53,366
per Year
Loan Review Specialist
Average salary
United States
$93,727
per Year
Entry Loan Review Officer
Average salary
United States
$68,400
per Year
Senior Loan Review Officer
Average salary
United States
$92,560
per Year
Loan Review Group Manager
Average salary
United States
$126,300
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Loan Review Do?

Metro Manila had the biggest amount of loans which were given opinions by the Monetary Board, as the BSP granted reviews for three LGUs with loans worth P6.183 billion.

December 21, 2021

A good-faith review, in a reasonable time, of the borrower's calculations and supporting documents concerning amounts eligible for loan forgiveness.

November 23, 2021

Starting our reviews at the individual loan level and aggregating information for individual borrowers, and ultimately, borrowing relationships, allows our credit review professionals to truly understand the uniqueness of loan transactions and borrowers’ financial pictures.

December 20, 2021

Because loans represent the lion’s share of assets for many financial organizations, their inherent risks make a solid loan review program essential.

December 18, 2021

If SBA has notified the lender that SBA has commenced a loan review, the lender should issue a forgiveness decision to SBA not later than 60 days after receipt of the complete loan forgiveness application from the borrower, unless otherwise directed by SBA.

December 18, 2021

Areas of review include eligibility, necessity, calculation of the loan amount, use of loan proceeds, and the calculation of the loan forgiveness amount.

December 12, 2021

Most Common Benefits for Loan Review

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

Frequently Asked Questions

Common questions about salaries for a Loan Review
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Metro Manila had the biggest amount of loans which were given opinions by the Monetary Board, as the BSP granted reviews for three LGUs with loans worth P6.183 billion.
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The average salary of a Loan Review is $46,237 in Grand Rapids, MI.
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