Loan Documentation Specialist Salaries in New Jersey
How Much Does a Loan Documentation Specialist Make in New Jersey?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Documentation Specialist in New Jersey is $59,926.
While Salary.com is seeing that Loan Documentation Specialist salary in NJ can go up to $75,797
or down to $44,126, but most earn between $51,656 and $68,234.
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
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Similar Job Salaries to Loan Documentation Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Collabera
Documentation Specialist
|
$220,584/yr
|
RANGE: $194,014 - $247,155
|
|
Nestle
Documentation Specialist
|
$98,118/yr
|
RANGE: $88,755 - $107,480
|
|
Emprise Bank
Retail Loan Documentation Specialist
|
$57,671/yr
|
RANGE: $51,651 - $63,690
|
|
U.S. Bank
Loan Documentation Specialist 4
|
$59,687/yr
|
RANGE: $53,469 - $65,905
|
|
TalentBridge
Loan Documentation Specialist
|
$53,919/yr
|
RANGE: $49,349 - $58,489
|
|
SW&M LLP
Loan Documentation Specialist
|
$63,934/yr
|
RANGE: $57,273 - $70,594
|
|
FIRST FIDELITY BANK
Loan Documentation Specialist
|
$52,398/yr
|
RANGE: $46,939 - $57,857
|
|
U.S. Bank
Loan Documentation Specialist
|
$59,687/yr
|
RANGE: $53,469 - $65,905
|
|
U.S. Bank National Association
Loan Documentation Specialist
|
$57,077/yr
|
RANGE: $51,133 - $63,022
|
Top 10 Highest Paying Cities For Loan Documentation Specialist Jobs in New Jersey
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 New Jersey.
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 New Jersey.
Jersey City takes first place in this list, followed by Union City, Hoboken.
The Loan Documentation Specialist salary is $63,863 in Jersey City,
which is higher than the national average. There are 33 cities' Loan Documentation Specialist salary higher than national average in New Jersey.
The average salary for a Loan Documentation Specialist in New Jersey is $59,926,
but we found that the city with the highest salary for Loan Documentation Specialist jobs is Jersey City, NJ, and it is higher than Union City.
Loan Documentation Specialist jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Jersey City | $63,863 | $5,322 | $1,228 | $31 |
| Union City | $63,863 | $5,322 | $1,228 | $31 |
| Hoboken | $63,863 | $5,322 | $1,228 | $31 |
| West New York | $63,863 | $5,322 | $1,228 | $31 |
| Paramus | $62,988 | $5,249 | $1,211 | $30 |
| Paterson | $62,933 | $5,244 | $1,210 | $30 |
| Clifton | $62,933 | $5,244 | $1,210 | $30 |
| Passaic | $62,933 | $5,244 | $1,210 | $30 |
| Bloomfield | $62,933 | $5,244 | $1,210 | $30 |
| Wayne | $62,933 | $5,244 | $1,210 | $30 |
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
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Explore JobArchitectFrequently Asked Questions About a Loan Documentation Specialist Salaries
What is the average of a Loan Documentation Specialist in New Jersey?
The Loan Documentation Specialist salary range is from $51,656 to $68,234, and the average Loan Documentation Specialist salary is $59,926/year in New Jersey.
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 $68,620
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.
