Loan Doc Specialist Salaries in Worcester, MA
How Much Does a Loan Doc Specialist Make in Worcester, MA?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Doc Specialist in Worcester, MA is $85,886.
While Salary.com is seeing that Loan Doc Specialist salary in Worcester, MA can go up to $101,598
or down to $68,627, but most earn between $76,852 and $94,110.
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 |
|---|---|---|
|
Kforce Inc
Loan Doc Specialist
|
$64,413/yr
|
RANGE: $55,486 - $73,341
|
|
b1BANK
Pre-Closing Loan Doc Review Specialist II
|
$66,751/yr
|
RANGE: $56,710 - $76,793
|
|
Main Street Bank
Loan Servicing Specialist II
|
$62,157/yr
|
RANGE: $52,774 - $71,540
|
|
Cambridge Financial
Residential Loan Servicing Specialist
|
$66,108/yr
|
RANGE: $56,129 - $76,088
|
|
Tremont Credit Union
Senior Loan Servicing Specialist
|
$66,013/yr
|
RANGE: $55,955 - $76,071
|
|
River Run Services LLC
Loan Servicing Support Specialist
|
$65,156/yr
|
RANGE: $55,476 - $74,836
|
|
Weitz and Luxenberg PC
Loan Doc Administrator
|
$58,219/yr
|
RANGE: $50,137 - $66,302
|
|
CBI Bank & Trust
Loan Doc Administrator
|
$58,095/yr
|
RANGE: $50,030 - $66,160
|
|
Make Your Move
Sr. Servicing Specialist (Escrow Loan Servicing)
|
$72,615/yr
|
RANGE: $60,589 - $84,642
|
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
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Explore JobArchitectFrequently Asked Questions About a Loan Doc Specialist Salaries
What is the average of a Loan Doc Specialist in Worcester, MA?
The Loan Doc Specialist salary range is from $76,852 to $94,110, and the average Loan Doc Specialist salary is $85,886/year in Worcester, MA.
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.
