How Much Does a Loan Documentation Specialist Make in Michigan?

Updated May 28, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$51,833/yr
Average Base Pay
Low $44,871
Average $51,833
High $58,951
The average salary for Loan Documentation Specialist is $51,833 per year in Michigan.

Related Job Titles to Loan Documentation Specialist

Commercial Loan Documentation Specialist
$50,805
Michigan
Per Year
Mortgage Loan Documentation Specialist II
$51,420
Michigan
Per Year
Mortgage Loan Documentation Specialist I
$43,820
Michigan
Per Year
Commercial Loan Documentation
$50,805
Michigan
Per Year

Similar Job Salaries to Loan Documentation Specialist by Company

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Company average base salary in (usd) range
Mi BANK
Commercial Loan Documentation Specialist
$55,512/yr
$47,141
$63,882
RANGE: $47,141 - $63,882
Jatca Inc.
Documentation Specialist
$71,554/yr
$63,304
$79,805
RANGE: $63,304 - $79,805
Campfire Interactive
Documentation Specialist
$82,386/yr
$72,511
$92,261
RANGE: $72,511 - $92,261
GSK Solutions INC
IT Proposal Documentation specialist
$78,954/yr
$70,246
$87,663
RANGE: $70,246 - $87,663
Trinity Health - IHA
Clinical Condition Documentation Specialist
$78,699/yr
$70,013
$87,384
RANGE: $70,013 - $87,384
OMNI Community Credit Union
Documentation Specialist (Part Time)
$72,379/yr
$64,215
$80,544
RANGE: $64,215 - $80,544
Impact Solutions Inc
Engineering Documentation Specialist
$90,871/yr
$81,364
$100,377
RANGE: $81,364 - $100,377
Center for Workforce Inclusion
Test Process Documentation Specialist - SEE Program
$108,582/yr
$96,002
$121,161
RANGE: $96,002 - $121,161
Mercantile Bank
Commercial Loan Processing Specialist
$54,282/yr
$46,697
$61,866
RANGE: $46,697 - $61,866
Ag Jobs
Loan Assistant/Specialist (Agricultural)
$79,307/yr
$67,242
$91,372
RANGE: $67,242 - $91,372

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Top 10 Highest Paying Cities For Loan Documentation Specialist Jobs in Michigan

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Documentation 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 Documentation Specialist job salaries in Michigan. Some cities can pay higher salaries for Loan Documentation Specialist jobs, which can indicate that there is a large demand for Loan Documentation Specialist positions in this city.
The following table shows top 10 cities where the Loan Documentation Specialist salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Loan Documentation Specialist salary is $53,881 in Ann Arbor, which is higher than the national average. There are 18 cities' Loan Documentation Specialist salary higher than national average in Michigan.
The average salary for a Loan Documentation Specialist in Michigan is $51,833, but we found that the city with the highest salary for Loan Documentation Specialist jobs is Ann Arbor, MI, and it is higher than Canton. Loan Documentation Specialist jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Ann Arbor $53,881 $4,490 $1,036 $26
Canton $53,776 $4,481 $1,034 $26
Novi $53,619 $4,468 $1,031 $26
Westland $53,199 $4,433 $1,023 $26
West Bloomfield $52,989 $4,416 $1,019 $25
Detroit $52,936 $4,411 $1,018 $25
Warren $52,936 $4,411 $1,018 $25
Dearborn $52,936 $4,411 $1,018 $25
Waterford $52,936 $4,411 $1,018 $25
Dearborn Heights $52,884 $4,407 $1,017 $25

What Does a Loan Documentation Specialist Do?

To give you a better idea of what goes into the job of Documentation Specialist, we talked to Harrine Freeman a Financial Expert and the CEO/Owner of.
Updated November 23, 2021
If you are thinking of becoming a Loan Document Specialist IV or planning the next step in your career, find details about.
Updated November 11, 2021
At every step of your refinance journey, you’ll talk to a real person from our friendly team of lending specialists who are here to help you settle as soon as possible so you can reduce your interest repayments and stop paying too much on your loan.
Updated October 11, 2021
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

Frequently Asked Questions About a Loan Documentation Specialist Salaries

What is the average of a Loan Documentation Specialist in Michigan?

The Loan Documentation Specialist salary range is from $44,871 to $58,951, and the average Loan Documentation Specialist salary is $51,833/year in Michigan. 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 $65,908 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.