How Much Does a Loan Doc Specialist Make in Waterloo, IA?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Doc Specialist in Waterloo, IA is $75,629. While Salary.com is seeing that Loan Doc Specialist salary in Waterloo, IA can go up to $89,464 or down to $60,431, but most earn between $67,674 and $82,871. 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.
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Doc Check Specialist
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Loan Specialist
$55,468
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Similar Job Salaries to Loan Doc Specialist by Company

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Company average base salary in (usd) range
Northwest Financial Corp.
Loan Servicing Specialist
$48,925/yr
$43,993
$53,857
RANGE: $43,993 - $53,857
Dev
Consumer Loan Sales Specialist
$63,861/yr
$56,558
$71,163
RANGE: $56,558 - $71,163
The Job Network
Loan Sales Specialist
$65,587/yr
$58,488
$72,687
RANGE: $58,488 - $72,687
Iowa Bankers
Loan Operations Specialist
$60,586/yr
$54,460
$66,712
RANGE: $54,460 - $66,712
Price Family Dealerships
Doc Specialist
$90,048/yr
$80,587
$99,508
RANGE: $80,587 - $99,508
Citi
Loan Doc & Proc Assoc Analyst
$68,101/yr
$61,163
$75,038
RANGE: $61,163 - $75,038
Freedom Mortgage
Specialist 1, Doc Recon
$50,976/yr
$44,931
$57,021
RANGE: $44,931 - $57,021
Kaleida Health
Senior Clinical Doc Specialist
$77,699/yr
$69,639
$85,760
RANGE: $69,639 - $85,760

Open Loan Doc Specialist Jobs in Waterloo, IA

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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

Frequently Asked Questions About a Loan Doc Specialist Salaries

What is the average of a Loan Doc Specialist in Waterloo, IA?

The Loan Doc Specialist salary range is from $67,674 to $82,871, and the average Loan Doc Specialist salary is $75,629/year in Waterloo, IA. 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.