Loan Opener Salaries in Michigan
How Much Does a Loan Opener Make in Michigan?
Updated March 01, 2025
As of March 01, 2025,
the average annual pay of Loan Opener in Michigan is $46,911.
While Salary.com is seeing that Loan Opener salary in MI can go up to $55,749
or down to $36,904, but most earn between $41,673 and $51,537.
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 Opener
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Similar Job Salaries to Loan Opener by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Paramount Residential Mortgage Group (Doral)
MTG Loan Opener
|
$64,109/yr
|
RANGE: $54,718 - $73,500
|
|
KIND LENDING LLC
Loan Set-Up/Opener
|
$70,945/yr
|
RANGE: $61,046 - $80,844
|
|
Wendy's - WOCS
Breakfast Opener
|
$68,425/yr
|
RANGE: $58,450 - $78,400
|
|
IHOP
Opener Server
|
$47,282/yr
|
RANGE: $40,074 - $54,491
|
|
Burger King
Breakfast Opener
|
$66,229/yr
|
RANGE: $56,575 - $75,884
|
|
McDonald's
Opener/Closer
|
$51,931/yr
|
RANGE: $44,896 - $58,967
|
|
Tim Hortons | Youkhana
Team Member - Early Opener
|
$66,624/yr
|
RANGE: $56,741 - $76,507
|
|
Wendy's
Breakfast Opener - Wendy's
|
$69,545/yr
|
RANGE: $58,861 - $80,230
|
|
TEAM Schostak Family Restaurants
Breakfast Opener - Wendy's
|
$69,278/yr
|
RANGE: $58,731 - $79,825
|
Top 10 Highest Paying Cities For Loan Opener 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 Opener 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 Opener job salaries in Michigan.
Some cities can pay higher salaries for Loan Opener jobs, which can indicate that there is a large demand for Loan Opener positions in this city.
The following table shows top 10 cities where the Loan Opener salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Loan Opener salary is $48,765 in Ann Arbor,
which is higher than the national average. There are 18 cities' Loan Opener salary higher than national average in Michigan.
The average salary for a Loan Opener in Michigan is $46,911,
but we found that the city with the highest salary for Loan Opener jobs is Ann Arbor, MI, and it is higher than Canton.
Loan Opener 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 | $48,765 | $4,064 | $938 | $23 |
| Canton | $48,670 | $4,056 | $936 | $23 |
| Novi | $48,527 | $4,044 | $933 | $23 |
| Westland | $48,147 | $4,012 | $926 | $23 |
| West Bloomfield | $47,957 | $3,996 | $922 | $23 |
| Detroit | $47,909 | $3,992 | $921 | $23 |
| Warren | $47,909 | $3,992 | $921 | $23 |
| Dearborn | $47,909 | $3,992 | $921 | $23 |
| Waterford | $47,909 | $3,992 | $921 | $23 |
| Dearborn Heights | $47,862 | $3,988 | $920 | $23 |
What Does a Loan Opener Do?
The Loan Opener is responsible for the initial input of data required to open mortgage loan applications as well as initiating the necessary steps to begin the application process.
Updated October 26, 2021
If you are thinking of becoming a Loan Opener or planning the next step in your career, find details about.
Updated October 21, 2021
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Explore JobArchitectFrequently Asked Questions About a Loan Opener Salaries
What is the average of a Loan Opener in Michigan?
The Loan Opener salary range is from $41,673 to $51,537, and the average Loan Opener salary is $46,911/year in Michigan.
The Loan Opener's salary will change in different locations.
Which location pays the highest Loan Opener salary in the United States?
The Loan Opener salary in San Jose, CA is $59,649
which is the highest in the US.
What kinds of reasons will influence the Loan Opener'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 Opener.
What is the growth rate of the Loan Opener's salary?
If you are thinking of becoming a Loan Opener or planning the next step in your career, find the detailed salary report of a Loan Opener.
