Loan Doc Specialist Salaries in New Mexico
How Much Does a Loan Doc Specialist Make in New Mexico?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Loan Doc Specialist in New Mexico is $75,623.
While Salary.com is seeing that Loan Doc Specialist salary in NM can go up to $89,466
or down to $60,420, but most earn between $67,665 and $82,869.
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 Doc Specialist
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Loan Doc Specialist by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Pinnacle Bank/Bank of Colorado
LOAN DOC SPECIALIST
|
$65,381/yr
|
RANGE: $58,845 - $71,918
|
|
Pinnacle Bank
LOAN DOC SPECIALIST
|
$65,381/yr
|
RANGE: $58,845 - $71,918
|
|
U.S. Bank
SBA Loan Doc Specialist
|
$91,178/yr
|
RANGE: $82,744 - $99,613
|
|
U.S. Bank National Association
SBA Loan Doc Specialist
|
$102,511/yr
|
RANGE: $93,029 - $111,993
|
|
OneMain Financial
Loan Sales Specialist
|
$65,311/yr
|
RANGE: $58,241 - $72,381
|
|
Sun Loan
Loan Specialist I - 059
|
$53,222/yr
|
RANGE: $47,986 - $58,459
|
|
Citi
Loan Doc Analyst
|
$61,346/yr
|
RANGE: $55,197 - $67,496
|
|
Los Alamos National Laboratory
Synthetic and Mechanistic Actinide Chemistry Post Doc
|
$133,609/yr
|
RANGE: $118,481 - $148,737
|
|
Southwest Capital Bank
Loan Administrator
|
$53,806/yr
|
RANGE: $48,512 - $59,100
|
Top 10 Highest Paying Cities For Loan Doc Specialist Jobs in New Mexico
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 Mexico.
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 Mexico.
Santa Fe takes first place in this list, followed by Albuquerque, Rio Rancho.
The Loan Doc Specialist salary is $77,158 in Santa Fe,
which is lower than the national average. There is 0 city's Loan Doc Specialist salary higher than national average in New Mexico.
The average salary for a Loan Doc Specialist in New Mexico is $75,623,
but we found that the city with the highest salary for Loan Doc Specialist jobs is Santa Fe, NM, and it is higher than Albuquerque.
Loan Doc Specialist jobs in Santa Fe can have the opportunity to earn higher salaries than in other cities in New Mexico.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Santa Fe | $77,158 | $6,430 | $1,484 | $37 |
| Albuquerque | $76,766 | $6,397 | $1,476 | $37 |
| Rio Rancho | $76,521 | $6,377 | $1,472 | $37 |
| Farmington | $75,737 | $6,311 | $1,456 | $36 |
| Clovis | $72,920 | $6,077 | $1,402 | $35 |
| Alamogordo | $72,830 | $6,069 | $1,401 | $35 |
| Hobbs | $72,234 | $6,020 | $1,389 | $35 |
| Roswell | $71,606 | $5,967 | $1,377 | $34 |
| Sunland Park | $71,099 | $5,925 | $1,367 | $34 |
| Las Cruces | $70,732 | $5,894 | $1,360 | $34 |
What Does a Loan Doc Specialist Do?
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
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
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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Loan Doc Specialist Salaries
What is the average of a Loan Doc Specialist in New Mexico?
The Loan Doc Specialist salary range is from $67,665 to $82,869, and the average Loan Doc Specialist salary is $75,623/year in New Mexico.
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 $102,983
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.
