How Much Does a Loan Associate Make?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Associate in the United States is $43,325. While Salary.com is seeing that Loan Associate salary in the US can go up to $52,349 or down to $33,477, but most earn between $38,170 and $48,049. 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 Associate
Loan Servicing Associate
$45,104
US
Per Year
Account Associate - Loan
$57,344
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Per Year
Loan Support Associate
$48,270
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Per Year
Associate Loan Officer
$74,488
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Similar Job Salaries to Loan Associate by Company

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Company average base salary in (usd) range
J&M Business Capital
Loan Associate
$58,630/yr
$49,824
$67,435
RANGE: $49,824 - $67,435
Prolific Mortgage
Loan Associate
$66,214/yr
$56,535
$75,894
RANGE: $56,535 - $75,894
Lennar Mortgage
Loan Officer Associate CA
$102,036/yr
$80,296
$123,775
RANGE: $80,296 - $123,775
Lennar Mortgage
Loan Officer Associate
$88,070/yr
$69,306
$106,834
RANGE: $69,306 - $106,834
BlackRock Investments
Associate, Leveraged Loan Trading
$147,251/yr
$117,925
$176,577
RANGE: $117,925 - $176,577
Lennar Corporation
LOAN OFFICER ASSOCIATE
$88,070/yr
$69,306
$106,834
RANGE: $69,306 - $106,834
State Employees' Credit Union
Associate Mortgage Loan Specialist
$94,497/yr
$75,325
$113,668
RANGE: $75,325 - $113,668
FBC Mortgage, LLC
ASSOCIATE MORTGAGE LOAN ORIGINATOR
$93,512/yr
$74,540
$112,484
RANGE: $74,540 - $112,484
Fusion Staffing Partners
Loan Servicing Associate
$68,880/yr
$58,482
$79,278
RANGE: $58,482 - $79,278
Farm Credit Mid-America
Rural 1st Loan Associate
$55,801/yr
$47,342
$64,261
RANGE: $47,342 - $64,261

Open Loan Associate Jobs in the United States

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What Does a Loan Associate Do?

If you are thinking of becoming a Loan Associate or planning the next step in your career, find details about.
Updated November 13, 2021
PORTLAND — Gwendolyn Hulit has joined Bangor Savings Bank as mortgage loan officer associate based in Portland.
Updated October 13, 2021
This is an entry level position designed to assist branch Loan Officers (LOs) while preparing the Loan Officer Associate (LOA) to grow into a Loan Officer position.
Updated October 10, 2021

Frequently Asked Questions About a Loan Associate Salaries

What is the average of a Loan Associate in the United States?

The Loan Associate salary range is from $38,170 to $48,049, and the average Loan Associate salary is $43,325/year in the United States. The Loan Associate's salary will change in different locations.

Which location pays the highest Loan Associate salary in the United States?

The Loan Associate salary in San Jose, CA is $54,372 which is the highest in the US.

What kinds of reasons will influence the Loan Associate'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 Associate.

What is the growth rate of the Loan Associate's salary?

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

Recent Salary Report

Below are the most recent Loan Associate salary reports. Employer name has been removed to protect anonymity.

$47,597 Yearly
A Loan Associate in Pasco, WA reported making $47,597 per year
Pasco, WA
100 - 200 employees
Full-Time
Company - Private
$3,223 Monthly
A Loan Associate in Milwaukee, WI reported making $3,223 per month
Milwaukee, WI
1,000 - 3,000 employees
Full-Time
Company - Public
$53,318 Yearly
A Loan Associate in Riverton, WY reported making $53,318 per year
Riverton, WY
200 - 6 employees
Full-Time
Company - Private
$42,251 Yearly
A Loan Associate in Glen Burnie, MD reported making $42,251 per year
Glen Burnie, MD
6 - 1,000 employees
Full-Time
Company - Private
$24 Hourly
A Loan Associate in Athens, GA reported making $24 per hour
Athens, GA
7,6 - 15,000 employees
Part-Time
Company - Public
$22 Hourly
A Loan Associate in Bethlehem, PA reported making $22 per hour
Bethlehem, PA
3,000 - 7,6 employees
Part-Time
Company - Public