Loan Partner I Salary in Philadelphia, PA
How Much Does a Loan Partner I make?
Loan Partner I made a median salary around $46,187 in December, 2024.
The best-paid 25 percent made $51,552 probably that year, while the lowest-paid 25 percent made around $41,213.
Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Check out
Loan Partner I
jobs in
Philadelphia, Pennsylvania
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Best-Paying Cities for Loan Partner I
The metropolitan areas that pay the highest salary in the Loan Partner I profession are Matamoras
, Newtown
, Fairless Hills
, Langhorne
, Washington Crossing
.
| Matamoras, PA | $49,555 |
| Newtown, PA | $47,499 |
| Fairless Hills, PA | $47,499 |
| Langhorne, PA | $47,499 |
| Washington Crossing, PA | $47,499 |
Best-Paying States for Loan Partner I
The states and districts that pay Loan Partner I the highest salary are District of Columbia (around $48,680)
, California (around $48,243)
, New Jersey (around $47,937)
, Alaska (around $47,631)
, and Massachusetts (around $47,587)
.
| District of Columbia | $48,680 |
| California | $48,243 |
| New Jersey | $47,937 |
| Alaska | $47,631 |
| Massachusetts | $47,587 |
What is the Career Path of Loan Partner I?
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Loan Partner I, the first career path typically starts with a Loan Processor II position , and then progresses to Loan Processing Supervisor.
The second career path typically starts with a Commercial Loan Processor position , and then progresses to Loan Processing Assistant Manager.
Additionally, the third career path typically starts with a Mortgage Loan Processor II position , and then progresses to Loan Processing Manager.
Besides, Loan Partner I can also turn to other related jobs, including
Loan Partner
,
Loan Partner II
,
Loan Officer I
and
Loan Processor I
.
Frequently Asked Questions for Loan Partner I
Q:
What is the salary range of Loan Partner I in Philadelphia, PA?
A:
In 2024
, the lowest-paid Loan Partner I in Philadelphia, PA earned an average annual salary of $41,213
, while the highest-paid made $51,552.
Q:
What is the salary for a Loan Partner I in California?
A:
Loan Partner I employed in California earned an average salary of $48,243 in 2024.
Average Loan Partner I Pay vs. Other Jobs
Loan Partner I earned an average salary of $46,187 in 2024.
Other jobs related to Loan Partner I earned the following average salary in December, 2024.
Loan Partner
made $45,417
,
Loan Partner II
made $50,595
,
Loan Officer I
and
Loan Processor I
made $55,050
and $45,793 respectively
.
Relevant Jobs of Loan Partner I
There is currently no job description for Loan Partner, be the first to
submit
the job responsibilities for Loan Partner.
There is currently no job description for Loan Partner II, be the first to
submit
the job responsibilities for Loan Partner II.
The Loan Officer I is responsible for approving complex loans and supporting credit team with structuring and pricing simpler loans. Oversees lending activity for a market vertical and/or geographic area. Being a Loan Officer I requires a bachelor's degree of finance or related field. Assess risk and ensures adherence to bank credit policies and procedures. In addition, Loan Officer I typically reports to top management. Loan Officer I is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as a Loan Officer I typically requires 7+ years of related experience.
Loan Processor I performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Loan Processor I verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Loan Processor I ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma. Typically reports to a supervisor. The Loan Processor I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.
Consumer Loan Officer I develops and services consumer loans. Interviews loan applicants to determine financing needs and to offer the appropriate loan products and repayment arrangements. Being a Consumer Loan Officer I evaluates loan applications and applicant creditworthiness. Once a loan is approved and negotiated, monitors loan payments, and provides customer service to ensure the borrower's questions are answered and needs are met, and that the loan is repaid appropriately. Additionally, Consumer Loan Officer I maintains accurate and thorough records, and follows all applicable organizational, state, and federal policies and regulations. Requires a high school diploma. Typically reports to a manager or head of a unit/department. The Consumer Loan Officer I works under the close direction of senior personnel in the functional area. Possesses a moderate understanding of general aspects of the job. May require 0-1 year of general work experience.