Loan Operations Specialist I Salary in the United States
How much does a Loan Operations Specialist I make in the United States?
As of September 01, 2026, the average salary for a Loan Operations Specialist I in the United States is $57,829 per year, which breaks down to an hourly rate of $28.
However, a Loan Operations Specialist I's salary can vary significantly. Here’s a look at the typical salary range:
Top Earners (90th percentile): $68,478
Majority Range (25th-75th percentile): $51,818 to $63,403
Entry-Level (10th percentile): $46,344
10%$46,344
50% (Median)$57,829
90%$68,478
Loan Operations Specialist I Salaries by Percentile
Key Factors That Influence Loan Operations Specialist I Salaries
A Loan Operations Specialist I's salary isn't a fixed number. It's shaped by several important factors.
Below, we'll explore how geographic location, education
and company size
can directly affect your earning potential.
How Do Loan Operations Specialist I Salaries Vary from State to State?
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 Operations Specialist Is. For example, consider the average annual salaries in these key locations:
District of Columbia: $64,029.
California: $63,786.
Massachusetts: $62,936.
District of Columbia$64,029
California$63,786
Massachusetts$62,936
Washington$62,704
New Jersey$62,681
Alaska$62,600
Connecticut$61,802
New York$61,478
Hawaii$60,443
Rhode Island$59,958
Maryland$59,628
Minnesota$59,177
Colorado$59,003
Illinois$58,946
Oregon$58,726
Delaware$58,564
New Hampshire$58,462
Virginia$58,234
Pennsylvania$57,569
Nevada$57,234
North Dakota$57,124
Michigan$56,950
Wisconsin$56,887
Vermont$56,760
Texas$56,407
Maine$56,384
Arizona$56,349
Ohio$56,308
Georgia$55,776
Indiana$55,510
Wyoming$55,458
Utah$55,377
Iowa$55,343
Kansas$55,065
Louisiana$54,984
North Carolina$54,955
Missouri$54,944
Florida$54,718
Montana$54,597
Nebraska$54,481
Kentucky$54,417
South Carolina$54,186
Tennessee$54,042
Idaho$53,984
New Mexico$53,562
Oklahoma$53,469
Alabama$53,128
South Dakota$52,555
Arkansas$52,243
West Virginia$52,075
Mississippi$51,572
Top Paying Cities for Loan Operations Specialist Is
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: $72,940
San Francisco: $72,142
Oakland: $70,621
San Jose, CA$72,940
San Francisco, CA$72,142
Oakland, CA$70,621
New York, NY$66,584
Paramus, NJ$65,775
Queens Village, NY$65,772
Passaic, NJ$65,717
Bergenfield, NJ$65,712
Stamford, CT$65,584
Huntington, NY$65,561
Newark, NJ$65,133
Bridgeport, CT$65,011
Vallejo, CA$64,896
New Brunswick, NJ$64,873
Petaluma, CA$64,838
Middlesex, NJ$64,728
Somerset, NJ$64,688
Santa Cruz, CA$64,613
Boston, MA$64,260
Monterey, CA$64,057
Seattle, WA$63,925
Santa Rosa, CA$63,913
Los Angeles, CA$63,896
Juneau, AK$63,745
Washington, DC$63,682
Orange, CA$63,476
Santa Ana, CA$63,323
Long Beach, CA$63,265
Anaheim, CA$63,254
Anchorage, AK$63,225
Santa Maria, CA$63,051
Everett, WA$63,040
Danbury, CT$62,836
Bremerton, WA$62,756
Tacoma, WA$62,548
New Suffolk, NY$62,547
Sacramento, CA$62,531
Santa Barbara, CA$62,467
Trenton, NJ$62,404
San Diego, CA$62,404
Brockton, MA$62,340
Fairbanks, AK$62,198
Lompoc, CA$62,051
Lowell, MA$62,004
Ventura, CA$61,993
Nashua, NH$61,982
Stockton, CA$61,976
Modesto, CA$61,554
Poughkeepsie, NY$61,426
Olympia, WA$61,317
Kennewick, WA$61,317
New Haven, CT$61,293
Lawrence, MA$61,085
Hartford, CT$61,027
Riverside, CA$61,016
New Bedford, MA$60,958
Richland, WA$60,958
Bakersfield, CA$60,877
San Bernardino, CA$60,854
New Britain, CT$60,848
Atlantic City, NJ$60,848
New London, CT$60,825
Norwich, CT$60,808
Portsmouth, NH$60,796
Boulder, CO$60,673
Portland, OR$60,594
Worcester, MA$60,588
Minneapolis, MN$60,409
Philadelphia, PA$60,328
Honolulu, HI$60,137
Saint Paul, MN$60,109
Vineland, NJ$60,096
Providence, RI$59,929
Chicago, IL$59,761
Bellingham, WA$59,692
Springfield, MA$59,645
Baltimore, MD$59,628
Chico, CA$59,483
Pittsfield, MA$59,327
Manchester, NH$59,217
Spokane, WA$58,963
Denver, CO$58,957
Albany, NY$58,685
Troy, NY$58,662
Nassau, NY$58,600
Schenectady, NY$58,541
Wilmington, DE$58,494
Burlington, VT$58,413
Salem, OR$58,390
Portland, ME$58,211
Yakima, WA$58,153
Rochester, MN$57,974
Reno, NV$57,945
Fresno, CA$57,945
Milwaukee, WI$57,893
Detroit, MI$57,835
Ann Arbor, MI$57,825
Allentown, PA$57,818
Colorado Springs, CO$57,720
Syracuse, NY$57,691
Carson City, NV$57,691
Houston, TX$57,610
Eugene, OR$57,581
Gary, IN$57,511
Springfield, OR$57,465
Bismarck, ND$57,454
Galveston, TX$57,413
Medford, OR$57,326
Fort Collins, CO$57,303
Concord, NH$57,274
Austin, TX$57,257
Mesa, AZ$57,135
Reading, PA$57,130
Phoenix, AZ$57,124
Dallas, TX$57,107
Saint Cloud, MN$57,051
Madison, WI$56,974
Utica, NY$56,817
Rochester, NY$56,725
Des Moines, IA$56,719
Raleigh, NC$56,713
Atlanta, GA$56,627
Battle Creek, MI$56,609
Salt Lake City, UT$56,592
Lancaster, PA$56,505
Harrisburg, PA$56,424
Kansas City, MO$56,366
Champaign, IL$56,355
Kansas City, KS$56,355
Fort Worth, TX$56,349
Columbus, OH$56,339
Boca Raton, FL$56,326
Pittsburgh, PA$56,303
Richmond, VA$56,280
Indianapolis, IN$56,268
Cleveland, OH$56,262
Las Vegas, NV$56,193
Cincinnati, OH$56,193
Petersburg, VA$56,106
Huntsville, AL$56,019
Lansing, MI$55,981
Lebanon, PA$55,973
Pueblo, CO$55,967
Appleton, WI$55,950
Buffalo, NY$55,927
Dayton, OH$55,909
Racine, WI$55,898
Charlotte, NC$55,892
Saint Louis, MO$55,875
York, PA$55,840
Elkhart, IN$55,840
Gastonia, NC$55,829
Billings, MT$55,815
Beaumont, TX$55,800
Lorain, OH$55,788
Benton Harbor, MI$55,776
Toledo, OH$55,765
Binghamton, NY$55,736
Rock Hill, SC$55,730
Rockford, IL$55,701
Springfield, IL$55,678
Elyria, OH$55,672
Fargo, ND$55,672
Flagstaff, AZ$55,632
Fort Lauderdale, FL$55,597
Duluth, MN$55,562
Miami, FL$55,562
Cheyenne, WY$55,522
Grand Forks, ND$55,522
Bangor, ME$55,395
Cedar Rapids, IA$55,331
Durham, NC$55,307
Louisville, KY$55,302
Grand Rapids, MI$55,291
Hialeah, FL$55,285
Casper, WY$55,204
Scranton, PA$55,135
New Orleans, LA$55,117
Virginia Beach, VA$55,111
Akron, OH$55,083
Peoria, IL$55,007
Sarasota, FL$54,996
Nashville, TN$54,955
Omaha, NE$54,955
Green Bay, WI$54,955
Baton Rouge, LA$54,926
Charleston, SC$54,915
Jamestown, NY$54,886
Davenport, IA$54,886
Tucson, AZ$54,857
Saint Petersburg, FL$54,822
Tampa, FL$54,811
Evansville, IN$54,776
Port Arthur, TX$54,776
Bradenton, FL$54,753
Santa Fe, NM$54,649
Orlando, FL$54,545
Clearwater, FL$54,527
Canton, OH$54,406
La Crosse, WI$54,406
Albuquerque, NM$54,371
Newport News, VA$54,365
High Point, NC$54,348
Ogden, UT$54,325
Corpus Christi, TX$54,279
Norfolk, VA$54,244
Laramie, WY$54,244
Rock Island, IL$54,209
Saginaw, MI$54,198
Jacksonville, FL$54,192
Salisbury, NC$54,180
Boise, ID$54,169
Moline, IL$54,140
Fort Myers, FL$54,123
Memphis, TN$54,111
Tulsa, OK$54,082
Waterloo, IA$54,047
Spartanburg, SC$53,990
Lincoln, NE$53,961
Fort Wayne, IN$53,949
Provo, UT$53,943
Cedar Falls, IA$53,874
San Antonio, TX$53,851
Greensboro, NC$53,828
South Bend, IN$53,822
Savannah, GA$53,758
Muskegon, MI$53,735
Birmingham, AL$53,729
Winston Salem, NC$53,701
Lake Charles, LA$53,562
Anderson, IN$53,550
Lexington, KY$53,533
Augusta, GA$53,515
Greenville, SC$53,515
Lima, OH$53,469
Wichita, KS$53,463
Tuscaloosa, AL$53,463
Columbia, SC$53,411
Springfield, OH$53,400
Asheville, NC$53,307
Bloomington, IN$53,267
Knoxville, TN$53,058
Shreveport, LA$53,053
Wilmington, NC$52,978
Roanoke, VA$52,978
Topeka, KS$52,873
Frankfort, KY$52,867
Oklahoma City, OK$52,827
Chillicothe, OH$52,804
Longview, TX$52,798
Melbourne, FL$52,792
Sioux Falls, SD$52,700
Mobile, AL$52,694
Terre Haute, IN$52,671
Altoona, PA$52,636
Amarillo, TX$52,596
Killeen, TX$52,578
Fayetteville, AR$52,532
Chattanooga, TN$52,515
Sioux City, IA$52,463
Idaho Falls, ID$52,451
Lynchburg, VA$52,405
Gainesville, FL$52,330
Portsmouth, OH$52,301
Little Rock, AR$52,289
Lafayette, LA$52,266
Youngstown, OH$52,266
Daytona Beach, FL$52,232
Clarksville, TN$52,226
Pensacola, FL$52,220
Temple, TX$52,216
Hopkinsville, KY$52,046
Erie, PA$52,035
Florence, SC$52,012
Charleston, WV$51,919
Great Falls, MT$51,890
Macon, GA$51,809
Tallahassee, FL$51,804
Fayetteville, NC$51,792
Waco, TX$51,780
Helena, MT$51,740
Pine Bluff, AR$51,718
Vincennes, IN$51,647
Lubbock, TX$51,624
Alamogordo, NM$51,590
Twin Falls, ID$51,538
Rapid City, SD$51,520
Jackson, MS$51,416
Huntington, WV$51,412
Greenville, MS$51,410
Parkersburg, WV$51,351
Montgomery, AL$51,341
Wichita Falls, TX$51,283
Springfield, MO$51,283
Biloxi, MS$51,254
Monroe, LA$51,196
Johnstown, PA$51,156
Sumter, SC$51,133
Columbus, GA$51,127
Pascagoula, MS$51,017
Abilene, TX$51,017
Kingsport, TN$50,867
Albany, GA$50,867
Gulfport, MS$50,849
Alexandria, LA$50,659
Fort Smith, AR$50,514
El Paso, TX$50,358
Las Cruces, NM$50,098
Harlingen, TX$49,951
Pocatello, ID$49,941
Florence, AL$49,866
Brownsville, TX$49,855
Mcallen, TX$49,733
Dothan, AL$49,652
Columbus, MS$49,309
Altus, OK$49,039
Lawton, OK$48,929
Pierre, SD$48,721
What Skills Can Increase a Loan Operations Specialist I's Salary?
Demanded Skills for the Role:
Customer Service (Mentioned in 9.91% 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.
Accounting (Mentioned in 2.82% Job Postings): Creating financial statements and reports based on the summary of financial and business transactions.
Microsoft Word (Mentioned in 0.99% Job Postings): Microsoft Word or MS Word is a popular word-processing program used mainly for creating documents, such as brochures, letters, learning activities, quizzes, tests, and students' homework assignments
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 Operations Specialist I's salary.
Due Diligence: Can increase your salary by up to 30%.
Analytical Skills: Can increase your salary by up to 22%.
Financial Services: Can increase your salary by up to 21%.
Loan Operations Specialist I Salary by Industry: Top Paying Sectors
For Loan Operations Specialist I roles, the industry you choose can impact your earning potential
by as much as 40% (the gap between the highest and lowest paying industries).
Data shows that the highest-paying industry, Edu., Gov't. & Nonprofit,
offers compensation 20% above the average. Conversely,
Loan Operations Specialist positions in Business Services typically offer lower base pay,
as this sector often view Loan Operations Specialist I as a support function rather than a direct revenue driver.
The top paying industry for a Loan Operations Specialist I
Industry Sector
Average Annual Salary
Average Hourly Rate
Pay vs.Avg
Edu., Gov't. & Nonprofit
$69,395
$33.0
20%
How Education impacts a Loan Operations Specialist I's Salary?
Your level of education can impact your salary potential.
While many Loan Operations Specialist Is enter the field with a High School Diploma or Technical Certificate degree,
higher education can lead to more specialized and higher-paying roles.
According to our 100% employer-reported salary data,
the median salary for a Loan Operations Specialist I with a High School Diploma or Technical Certificate is between
$54,047
and $57,953).
Loan Operations Specialist I Salaries by Degree Level
$59,300
$58,600
$57,800
$57,100
$56,300
$55,600
$54,800
$54,100
No Diploma
High School
Associates
Bachelors
Masters
Doctorate
Typical Education for Loan Operations Specialist I
Degree Level
% of user with this level of education
No Diploma
1.2%
High School
46.3%
Associates
20.1%
Bachelors
30.7%
Masters
1.6%
Doctorate
0.0%
Typical Education for Loan Operations Specialist I
Loan Operations Specialist I Salary: Hourly Rate, Weekly Pay, and Monthly Pay
Understanding how a Loan Operations Specialist I'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.
Hourly
Monthly
Weekly
Yearly
Table View
Last Updated on September 01, 2026
$51,818
Average$57,829/year
$63,403
$4,318
Average$4,819/month
$5,284
$996
Average$1,112/week
$1,219
$25
Average$28/hour
$30
Annual Salary
Monthly Pay
Weekly Pay
Hourly Wage
75th Percentile
$63,403
$5,284
$1,219
$30
Average
$57,829
$4,819
$1,112
$28
25th Percentile
$51,818
$4,318
$996
$25
Salaries of Jobs related to Loan Operations Specialist I
Loan Quality Auditor I$69,193
Loan Workout Specialist I$62,990
Loan Workout Officer I$62,905
Operations Specialist I$59,347
Terminal Operations Specialist I$58,317
Loan Examiner I$57,902
Loan Officer I$53,000
LOAN OPERATIONS SPECIALIST$52,847
Consumer Loan Specialist I$50,480
Bankruptcy Loan Specialist I$45,290
Loan Collections Specialist I$39,530
Salary Trends for Loan Operations Specialist I
Salaries for a Loan Operations Specialist I can change over time,
reflecting shifts in market demand and the overall economy.
The median salary decreased from $54,886 in 2023
to around $54,465 in 2025,
reflecting changes in demand, location, experience, and the wider economy.
For a detailed analysis of Loan Operations Specialist I salary trends,
.
Average Annual Salary of Loan Operations Specialist I Over Time
$???
$54,886
$54,838
$54,465
$???
$???
2022
2023
2024
2025
2026
2027
Year
Average Annual Salary
2022
View More
2023
$54,886
2024
$54,838
2025
$54,465
2026
View More
2027
View More
Most common benefits for Loan Operations Specialist I
Social Security
401 (k)
Disability
Healthcare
Pension
Time Off (days)
Common company salaries for Loan Operations Specialist I
Here are companies hiring for Loan Operations Specialist I and their salaries, click below for more details.
K$114,295/per year
Kpmg Us LLPBusiness Servicesthe United States
W$114,096/per year
Warner Bros DiscoveryBusiness Servicesthe United States
D$111,927/per year
Dentsu International LtdBusiness Servicesthe United States
G$111,873/per year
GroupM Worldwide IncBusiness Servicesthe United States
C$111,651/per year
CoWorx StaffingBusiness Servicesthe United States
C$110,194/per year
Contemporary Services CorpBusiness Servicesthe United States
S$107,128/per year
Showcase CinemasBusiness Servicesthe United States
A$106,429/per year
Amentum Services IncBusiness Servicesthe United States
A$106,199/per year
Allied Universal Security Services LLCBusiness Servicesthe United States
S$106,104/per year
Sodexo USABusiness Servicesthe United States
J$105,192/per year
JLL TechnologiesBusiness Servicesthe United States
I$104,478/per year
Intact Insurance Group USA LLCBusiness Servicesthe United States
N$101,619/per year
NielsenIQBusiness Servicesthe United States
T$101,470/per year
The Leading Edge AllianceBusiness Servicesthe United States
H$101,308/per year
Honeywell UOPBusiness Servicesthe United States
R$97,720/per year
Reeve & AssociatesBusiness Servicesthe United States
M$97,584/per year
ManpowerGroup Global IncBusiness Servicesthe United States
F$95,980/per year
Financial Sys NcoBusiness Servicesthe United States
A$95,314/per year
Arrow Global LtdBusiness Servicesthe United States
C$94,777/per year
CarMax Enterprise Services LLCBusiness Servicesthe United States
D$94,479/per year
DZConneXBusiness Servicesthe United States
A$93,802/per year
Adecco Staffing, USABusiness Servicesthe United States
R$92,937/per year
Resource MFGBusiness Servicesthe United States
Z$92,774/per year
Zachry Brands IncBusiness Servicesthe United States
G$88,138/per year
Greystar Worldwide LLCBusiness Servicesthe United States
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FAQ about Loan Operations Specialist I
1. What industry pays the highest salary for Loan Operations Specialist I?
The Edu., Gov't. & Nonprofit industry offers the highest average compensation for Loan Operations Specialist I roles,
with salaries approximately 20% above the market median.
Where Does Our Salary Data Come From?
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
