Home Loan Specialist Salaries in Minnesota
How Much Does a Home Loan Specialist Make in Minnesota?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Home Loan Specialist in Minnesota is $48,622.
While Salary.com is seeing that Home Loan Specialist salary in MN can go up to $57,782
or down to $38,250, but most earn between $43,193 and $53,417.
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 |
|---|---|---|
|
U.S. Bank
Loan Documentation Specialist
|
$58,711/yr
|
RANGE: $52,595 - $64,828
|
|
U.S. Bank National Association
Loan Documentation Specialist
|
$60,892/yr
|
RANGE: $54,548 - $67,236
|
|
U.S. Bank
Deposit and Loan Specialist
|
$98,696/yr
|
RANGE: $89,160 - $108,232
|
|
OneMain Financial
Consumer Loan Sales Specialist
|
$86,273/yr
|
RANGE: $76,698 - $95,847
|
|
City of St. Paul
Loan Specialist Assistant
|
$66,270/yr
|
RANGE: $59,569 - $72,970
|
|
Merchants Bank
Senior Loan Operations Specialist
|
$63,985/yr
|
RANGE: $57,279 - $70,692
|
|
Frandsen Bank
FF Loan Administrative Specialist
|
$56,768/yr
|
RANGE: $51,054 - $62,483
|
|
Russell Tobin
Loan Documentation Specialist
|
$55,139/yr
|
RANGE: $49,384 - $60,895
|
|
Border Bank
Consumer Loan Support Specialist
|
$58,488/yr
|
RANGE: $52,428 - $64,548
|
Top 10 Highest Paying Cities For Home Loan Specialist Jobs in Minnesota
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 Minnesota.
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 Minnesota.
Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka.
The Home Loan Specialist salary is $50,428 in Minneapolis,
which is higher than the national average. There are 7 cities' Home Loan Specialist salary higher than national average in Minnesota.
The average salary for a Home Loan Specialist in Minnesota is $48,622,
but we found that the city with the highest salary for Home Loan Specialist jobs is Minneapolis, MN, and it is higher than Saint Paul.
Home Loan Specialist jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Minneapolis | $50,428 | $4,202 | $970 | $24 |
| Saint Paul | $50,428 | $4,202 | $970 | $24 |
| Minnetonka | $50,428 | $4,202 | $970 | $24 |
| Eden Prairie | $50,333 | $4,194 | $968 | $24 |
| Burnsville | $50,286 | $4,190 | $967 | $24 |
| Lakeville | $50,096 | $4,175 | $963 | $24 |
| Rochester | $47,672 | $3,973 | $917 | $23 |
| Saint Cloud | $46,864 | $3,905 | $901 | $23 |
| Duluth | $45,913 | $3,826 | $883 | $22 |
What Does a Home Loan Specialist Do?
Before you learn about the different home loan options available, it’s important to understand the basics.
Updated December 11, 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
A fixed rate home loan gives you the benefit of certainty by locking in your interest rate for a specific period of time.
Updated December 21, 2021
A higher interest rate compared to the Extra home loan (although the Extra home loan does not provide access to an Everyday Offset account or a Wealth Package).
Updated December 21, 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 Minnesota?
The Home Loan Specialist salary range is from $43,193 to $53,417, and the average Home Loan Specialist salary is $48,622/year in Minnesota.
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 $59,649
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.
