Home Loan Specialist Salaries in Illinois
How Much Does a Home Loan Specialist Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Home Loan Specialist in Illinois is $48,493.
While Salary.com is seeing that Home Loan Specialist salary in IL can go up to $57,631
or down to $38,145, but most earn between $43,077 and $53,276.
Salary ranges can vary widely depending on many important factors,
including education, certifications, additional skills, and your experience levels.
With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Home Loan Specialist
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Similar Job Salaries to Home Loan Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
FPG
New Home Construction Loan Specialist
|
$76,636/yr
|
RANGE: $68,072 - $85,201
|
|
First Federal Savings Bank Illinois
Loan Collection Specialist/Loan Servicer
|
$40,553/yr
|
RANGE: $37,223 - $43,884
|
|
Enterprise Bank and Trust
Loan Operations Specialist
|
$60,317/yr
|
RANGE: $54,219 - $66,416
|
|
Heights Finance Corporation
Consumer Loan Specialist
|
$67,378/yr
|
RANGE: $59,963 - $74,792
|
|
Attain Finance
Consumer Loan Specialist
|
$72,481/yr
|
RANGE: $64,936 - $80,026
|
|
illinois
Loan Operations Specialist
|
$60,324/yr
|
RANGE: $54,224 - $66,423
|
|
State of Illinois
Loan Operations Specialist
|
$60,324/yr
|
RANGE: $54,224 - $66,423
|
|
OneMain Financial
Loan Acquisition Specialist
|
$65,621/yr
|
RANGE: $58,732 - $72,510
|
Top 10 Highest Paying Cities For Home Loan Specialist Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Home Loan Specialist can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Home Loan Specialist job salaries in Illinois.
Some cities can pay higher salaries for Home Loan Specialist jobs, which can indicate that there is a large demand for Home Loan Specialist positions in this city.
The following table shows top 10 cities where the Home Loan Specialist salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Home Loan Specialist salary is $49,164 in Chicago,
which is higher than the national average. There are 20 cities' Home Loan Specialist salary higher than national average in Illinois.
The average salary for a Home Loan Specialist in Illinois is $48,493,
but we found that the city with the highest salary for Home Loan Specialist jobs is Chicago, IL, and it is higher than Cicero.
Home Loan Specialist jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Chicago | $49,164 | $4,097 | $945 | $24 |
| Cicero | $49,164 | $4,097 | $945 | $24 |
| Oak Park | $49,164 | $4,097 | $945 | $24 |
| Evanston | $49,145 | $4,095 | $945 | $24 |
| Skokie | $49,145 | $4,095 | $945 | $24 |
| Oak Lawn | $49,107 | $4,092 | $944 | $24 |
| Des Plaines | $49,031 | $4,086 | $943 | $24 |
| Mount Prospect | $48,993 | $4,083 | $942 | $24 |
| Aurora | $48,783 | $4,065 | $938 | $23 |
| Hoffman Estates | $48,741 | $4,062 | $937 | $23 |
What Does a Home Loan Specialist Do?
Whether you’re after a bit of flexibility to make extra payments or you’d rather have the certainty of locking down your rate and repayments, we’ve got fixed or floating home loans to suit.
Updated December 17, 2021
Prefer face-to-face without being in person? Book a time for a home loan specialist to Skype, video conference or Facetime you.
Updated December 13, 2021
Also, the exceptions to the “no renting” rule are if you obtain a multi-family property with the VA or FHA home loan, occupy one of the units full time, and rent out the other properties purely to pay off the mortgage and build equity, but this will be further discussed.
Updated November 18, 2021
Another way to impact your loan-to-value ratio is by protecting the value of your home by keeping it neat and well maintained.
Updated December 22, 2021
From the above details, it’s clear that working with a home loan specialist is one of the best decisions any home investor/owner could ever make.
Updated December 22, 2021
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Explore JobArchitectFrequently Asked Questions About a Home Loan Specialist Salaries
What is the average of a Home Loan Specialist in Illinois?
The Home Loan Specialist salary range is from $43,077 to $53,276, and the average Home Loan Specialist salary is $48,493/year in Illinois.
The Home Loan Specialist's salary will change in different locations.
Which location pays the highest Home Loan Specialist salary in the United States?
The Home Loan Specialist salary in San Jose, CA is $60,006
which is the highest in the US.
What kinds of reasons will influence the Home Loan Specialist's salary?
Besides the location, employees' education degree, related skills, and work experience also will influence the salary.
Try to improve your skills and experience to get a higher salary for the position of Home Loan Specialist.
What is the growth rate of the Home Loan Specialist's salary?
If you are thinking of becoming a Home Loan Specialist or planning the next step in your career, find the detailed salary report of a Home Loan Specialist.
