How Much Does a Loan Documentation Specialist Make?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Documentation Specialist in the United States is $54,810. While Salary.com is seeing that Loan Documentation Specialist salary in the US can go up to $69,334 or down to $40,354, but most earn between $47,243 and $62,412. 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 Documentation Specialist
Commercial Loan Documentation Specialist
$52,608
US
Per Year
Mortgage Loan Documentation Specialist II
$49,060
US
Per Year
Mortgage Loan Documentation Specialist I
$44,470
US
Per Year
Commercial Loan Documentation
$52,608
US
Per Year
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Similar Job Salaries to Loan Documentation Specialist by Company

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Company average base salary in (usd) range
TEKsystems
Loan Documentation Specialist
$60,066/yr
$53,808
$66,323
RANGE: $53,808 - $66,323
Popular Bank
Loan Documentation Specialist
$66,511/yr
$59,582
$73,439
RANGE: $59,582 - $73,439
Swipejobs
Loan Documentation Specialist
$60,066/yr
$53,808
$66,323
RANGE: $53,808 - $66,323
Legacy National Bank
Loan Documentation Specialist II
$52,982/yr
$47,647
$58,316
RANGE: $47,647 - $58,316
Midwest BankCentre
Loan Operations Specialist- Documentation
$54,519/yr
$49,148
$59,891
RANGE: $49,148 - $59,891
ACNB BANK
Commercial Loan Documentation Specialist
$64,389/yr
$57,854
$70,925
RANGE: $57,854 - $70,925
Hanmi Bank
Senior Loan Documentation Specialist
$57,081/yr
$52,296
$61,866
RANGE: $52,296 - $61,866
Farmers Trust and Savings Bank
Loan Support & Documentation Specialist
$58,314/yr
$52,156
$64,472
RANGE: $52,156 - $64,472
Rose International
Loan Documentation Specialist
$55,121/yr
$49,367
$60,874
RANGE: $49,367 - $60,874

Open Loan Documentation Specialist Jobs in the United States

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What Does a Loan Documentation Specialist Do?

Ensure loan files contain all pertinent documentation to include conversations with applicants and written recommendations or justifications for conclusions.
Updated December 21, 2021
If the loan is approved, the loan officer is responsible for preparing the appropriate documentation and the loan closing documents.
Updated December 15, 2021
A great reference handbook for Documentation Specialists working in clinical settings with medical records.
Updated December 14, 2021
IAAP offers individuals working in offices and administrative positions, including Documentation Specialists, the opportunities to network, learn, and grow by providing assistance and programs to its members.
Updated December 13, 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 December 07, 2021

Frequently Asked Questions About a Loan Documentation Specialist Salaries

What is the average of a Loan Documentation Specialist in the United States?

The Loan Documentation Specialist salary range is from $47,243 to $62,412, and the average Loan Documentation Specialist salary is $54,810/year in the United States. The Loan Documentation Specialist's salary will change in different locations.

Which location pays the highest Loan Documentation Specialist salary in the United States?

The Loan Documentation Specialist salary in San Jose, CA is $69,132 which is the highest in the US.

What kinds of reasons will influence the Loan Documentation 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 Documentation Specialist.

What is the growth rate of the Loan Documentation Specialist's salary?

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

Recent Salary Report

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

$3,490 Monthly
A Loan Documentation Specialist in Fullerton, CA reported making $3,490 per month
Fullerton, CA
1,000 - 3,000 employees
Full-Time
Company - Public
$66,927 Yearly
A Loan Documentation Specialist in Temple, TX reported making $66,927 per year
Temple, TX
200 - 6 employees
Full-Time
Company - Private
$31 Hourly
A Loan Documentation Specialist in Marietta, GA reported making $31 per hour
Marietta, GA
7,6 - 15,000 employees
Part-Time
Company - Public
$26 Hourly
A Loan Documentation Specialist in Abilene, TX reported making $26 per hour
Abilene, TX
3,000 - 7,6 employees
Part-Time
Company - Public
$65,097 Yearly
A Loan Documentation Specialist in Westerly, RI reported making $65,097 per year
Westerly, RI
6 - 1,000 employees
Full-Time
Company - Private
$46,508 Yearly
A Loan Documentation Specialist in Niagara Falls, NY reported making $46,508 per year
Niagara Falls, NY
100 - 200 employees
Full-Time
Company - Private