How Much Does a Loan Administration Specialist Make in Alabama?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Loan Administration Specialist in Alabama is $43,571. While Salary.com is seeing that Loan Administration Specialist salary in AL can go up to $51,782 or down to $34,277, but most earn between $38,706 and $47,869. 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 Loan Administration Specialist
Middle Market Loan Administration Specialist
$56,400
Alabama
Per Year
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$57,867
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Administration Specialist
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Similar Job Salaries to Loan Administration Specialist by Company

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Company average base salary in (usd) range
SIC, Inc.
Administration Specialist
$63,536/yr
$54,788
$72,285
RANGE: $54,788 - $72,285
Credit Central, LLC
Loan Specialist
$56,274/yr
$48,186
$64,362
RANGE: $48,186 - $64,362
Truist Bank
Loan Administration Analyst - Grandbridge Real Estate Capital
$59,680/yr
$51,328
$68,032
RANGE: $51,328 - $68,032
Truist
Loan Administration Analyst - Grandbridge Real Estate Capital
$59,680/yr
$51,328
$68,032
RANGE: $51,328 - $68,032
Four Corners Community Bank
Loan Administration Specialist I
$64,038/yr
$54,783
$73,294
RANGE: $54,783 - $73,294
CommonWealth Central Credit Union
Loan Administration Specialist
$68,732/yr
$58,726
$78,738
RANGE: $58,726 - $78,738
Home Services Lending
Loan Administration Specialist
$53,123/yr
$45,389
$60,857
RANGE: $45,389 - $60,857
ICONMA
Loan Administration Specialist
$61,149/yr
$52,658
$69,641
RANGE: $52,658 - $69,641
Adecco US, Inc.
Loan Administration Specialist
$61,149/yr
$52,658
$69,641
RANGE: $52,658 - $69,641
United States Strategic Command
IT Specialist (Systems Administration)
$76,698/yr
$68,108
$85,288
RANGE: $68,108 - $85,288

Open Loan Administration Specialist Jobs in Alabama

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Top 10 Highest Paying Cities For Loan Administration Specialist Jobs in Alabama

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Administration 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 Loan Administration Specialist job salaries in Alabama. Some cities can pay higher salaries for Loan Administration Specialist jobs, which can indicate that there is a large demand for Loan Administration Specialist positions in this city.
The following table shows top 10 cities where the Loan Administration Specialist salary is higher than other cities in Alabama. Huntsville takes first place in this list, followed by Madison, Gadsden. The Loan Administration Specialist salary is $45,468 in Huntsville, which is lower than the national average. There is 0 city's Loan Administration Specialist salary higher than national average in Alabama.
The average salary for a Loan Administration Specialist in Alabama is $43,571, but we found that the city with the highest salary for Loan Administration Specialist jobs is Huntsville, AL, and it is higher than Madison. Loan Administration Specialist jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Huntsville $45,468 $3,789 $874 $22
Madison $45,468 $3,789 $874 $22
Gadsden $44,472 $3,706 $855 $21
Tuscaloosa $44,425 $3,702 $854 $21
Birmingham $44,282 $3,690 $852 $21
Tanner $44,093 $3,674 $848 $21
Decatur $43,950 $3,663 $845 $21
Mobile $43,666 $3,639 $840 $21
Montgomery $42,101 $3,508 $810 $20
Prattville $42,101 $3,508 $810 $20

What Does a Loan Administration Specialist Do?

Speak with a Funding Specialist today to learn about National Funding’s small business loans for bad credit.
Updated December 19, 2021
Handle routine administration of commercial and construction loan accounts (including the setup of automatic loan payments, monitoring and following up on all past due loan payments).
Updated December 12, 2021
The Loan Administration Specialist is responsible for providing administrative and secretarial support to the Senior Loan Officer and Loan Administration Department officers.
Updated December 05, 2021
With responsibility for commercial and construction loan documentation and administration, the Loan Administration Specialist is a critical part of the Bank's credit administration function.
Updated December 05, 2021
An SBA loan is partially guaranteed by the Small Business Administration, a government entity dedicated to the growth of small businesses.
Updated December 04, 2021

Frequently Asked Questions About a Loan Administration Specialist Salaries

What is the average of a Loan Administration Specialist in Alabama?

The Loan Administration Specialist salary range is from $38,706 to $47,869, and the average Loan Administration Specialist salary is $43,571/year in Alabama. The Loan Administration Specialist's salary will change in different locations.

Which location pays the highest Loan Administration Specialist salary in the United States?

The Loan Administration Specialist salary in San Jose, CA is $59,501 which is the highest in the US.

What kinds of reasons will influence the Loan Administration 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 Loan Administration Specialist.

What is the growth rate of the Loan Administration Specialist's salary?

If you are thinking of becoming a Loan Administration Specialist or planning the next step in your career, find the detailed salary report of a Loan Administration Specialist.