Loan Doc Specialist Salaries in New Jersey
How Much Does a Loan Doc Specialist Make in New Jersey?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Doc Specialist in New Jersey is $89,224.
While Salary.com is seeing that Loan Doc Specialist salary in NJ can go up to $105,546
or down to $71,294, but most earn between $79,839 and $97,768.
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 Doc Specialist
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Similar Job Salaries to Loan Doc Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Cooper University Health Care
TRAINING DOC MGMT SPECIALIST
|
$89,239/yr
|
RANGE: $78,527 - $99,952
|
|
Cooper University Hospital
Training Doc Mgmt Specialist
|
$83,923/yr
|
RANGE: $74,293 - $93,554
|
|
Columbia Bank New Jersey
Commercial Loan Onboarding Specialist
|
$67,600/yr
|
RANGE: $57,223 - $77,977
|
|
OneMain Financial
Consumer Loan Sales Specialist
|
$100,547/yr
|
RANGE: $82,431 - $118,664
|
|
Garden State Mortgage Corp
Commercial Loan Specialist
|
$144,632/yr
|
RANGE: $118,302 - $170,961
|
|
ETG Financial
Entry Level Loan Specialist
|
$79,873/yr
|
RANGE: $66,335 - $93,411
|
|
Sturdy Savings Bank
Loan Collection Specialist
|
$71,748/yr
|
RANGE: $62,067 - $81,430
|
|
Ready Capital
Associate, Loan Closing Specialist
|
$84,605/yr
|
RANGE: $70,459 - $98,750
|
Top 10 Highest Paying Cities For Loan Doc Specialist Jobs in New Jersey
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Loan Doc 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 Doc Specialist job salaries in New Jersey.
Some cities can pay higher salaries for Loan Doc Specialist jobs, which can indicate that there is a large demand for Loan Doc Specialist positions in this city.
The following table shows top 10 cities where the Loan Doc Specialist salary is higher than other cities in New Jersey.
Jersey City takes first place in this list, followed by Union City, Hoboken.
The Loan Doc Specialist salary is $95,085 in Jersey City,
which is higher than the national average. There are 33 cities' Loan Doc Specialist salary higher than national average in New Jersey.
The average salary for a Loan Doc Specialist in New Jersey is $89,224,
but we found that the city with the highest salary for Loan Doc Specialist jobs is Jersey City, NJ, and it is higher than Union City.
Loan Doc Specialist jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Jersey City | $95,085 | $7,924 | $1,829 | $46 |
| Union City | $95,085 | $7,924 | $1,829 | $46 |
| Hoboken | $95,085 | $7,924 | $1,829 | $46 |
| West New York | $95,085 | $7,924 | $1,829 | $46 |
| Paramus | $93,783 | $7,815 | $1,804 | $45 |
| Paterson | $93,701 | $7,808 | $1,802 | $45 |
| Clifton | $93,701 | $7,808 | $1,802 | $45 |
| Passaic | $93,701 | $7,808 | $1,802 | $45 |
| Bloomfield | $93,701 | $7,808 | $1,802 | $45 |
| Wayne | $93,701 | $7,808 | $1,802 | $45 |
What Does a Loan Doc Specialist Do?
Employed by a bank or other financial institution, a Loan Documentation Specialist is the person who prepares and approves client applications for loans, leases, or credit.
Updated November 16, 2021
Many loan documentation specialists work on more than one loan at a time, so managing varied projects and deadlines is essential to succeed in this position.
Updated December 09, 2021
The qualifications needed to become a loan documentation specialist include a bachelor’s degree in accounting, business, or a related field.
Updated November 11, 2021
As a loan documentation specialist, your job is to collect and prepare documents for closing a loan, coordinate the process, review papers to check for errors after closing, and when necessary, take action to correct those errors.
Updated October 20, 2021
A low doc commercial loan is used in situations where you cannot provide the proof of your income that most lenders require.
Updated October 18, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Doc Specialist Salaries
What is the average of a Loan Doc Specialist in New Jersey?
The Loan Doc Specialist salary range is from $79,839 to $97,768, and the average Loan Doc Specialist salary is $89,224/year in New Jersey.
The Loan Doc Specialist's salary will change in different locations.
Which location pays the highest Loan Doc Specialist salary in the United States?
The Loan Doc Specialist salary in San Jose, CA is $102,168
which is the highest in the US.
What kinds of reasons will influence the Loan Doc 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 Doc Specialist.
What is the growth rate of the Loan Doc Specialist's salary?
If you are thinking of becoming a Loan Doc Specialist or planning the next step in your career, find the detailed salary report of a Loan Doc Specialist.
