How Much Does a Loan Operations Assistant Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Loan Operations Assistant in Illinois is $46,642. While Salary.com is seeing that Loan Operations Assistant salary in IL can go up to $57,135 or down to $37,293, but most earn between $41,748 and $52,134. 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 Operations Assistant
Loan Processing Assistant Manager
$73,919
Illinois
Per Year
Manager, Loan Operations
$176,844
Illinois
Per Year
LOAN OPERATIONS SPECIALIST
$54,799
Illinois
Per Year
Loan Operations Analyst
$58,341
Illinois
Per Year
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Similar Job Salaries to Loan Operations Assistant by Company

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Company average base salary in (usd) range
United Community Bancorp
Loan Assistant
$43,153/yr
$39,539
$46,766
RANGE: $39,539 - $46,766
Enterprise Bank and Trust
Loan Operations Specialist
$60,317/yr
$54,219
$66,416
RANGE: $54,219 - $66,416
illinois
Loan Operations Specialist
$60,324/yr
$54,224
$66,423
RANGE: $54,224 - $66,423
State of Illinois
Loan Operations Specialist
$60,324/yr
$54,224
$66,423
RANGE: $54,224 - $66,423
Robert Half
Loan Operations Analyst
$61,734/yr
$55,546
$67,923
RANGE: $55,546 - $67,923
Old Second National Bank
Loan Operations Summer Employee
$58,840/yr
$53,043
$64,637
RANGE: $53,043 - $64,637
The Inland Real Estate Group LLC
Loan Operations Analyst
$61,591/yr
$55,417
$67,765
RANGE: $55,417 - $67,765
Dexian
Commercial Loan Operations Analyst
$62,127/yr
$55,899
$68,354
RANGE: $55,899 - $68,354
CIBC US
Booking Analyst, Loan Operations Specialist
$65,039/yr
$58,511
$71,566
RANGE: $58,511 - $71,566

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Top 10 Highest Paying Cities For Loan Operations Assistant Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Operations Assistant 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 Operations Assistant job salaries in Illinois. Some cities can pay higher salaries for Loan Operations Assistant jobs, which can indicate that there is a large demand for Loan Operations Assistant positions in this city.
The following table shows top 10 cities where the Loan Operations Assistant salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Loan Operations Assistant salary is $47,287 in Chicago, which is higher than the national average. There are 20 cities' Loan Operations Assistant salary higher than national average in Illinois.
The average salary for a Loan Operations Assistant in Illinois is $46,642, but we found that the city with the highest salary for Loan Operations Assistant jobs is Chicago, IL, and it is higher than Cicero. Loan Operations Assistant jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $47,287 $3,941 $909 $23
Cicero $47,287 $3,941 $909 $23
Oak Park $47,287 $3,941 $909 $23
Evanston $47,269 $3,939 $909 $23
Skokie $47,269 $3,939 $909 $23
Oak Lawn $47,232 $3,936 $908 $23
Des Plaines $47,159 $3,930 $907 $23
Mount Prospect $47,123 $3,927 $906 $23
Aurora $46,921 $3,910 $902 $23
Hoffman Estates $46,880 $3,907 $902 $23

What Does a Loan Operations Assistant Do?

It is important to note that the CSMLP is self-supporting through interest earned from loan program enrollment, thus saving taxpayers all operation costs including staff salaries for the administrator and program assistants.
Updated December 17, 2021
Our bank client is seeking to fill a Loan Operations Assistant Manager role located in the Schaumburg, IL area.
Updated December 13, 2021
A business loan provides necessary financing business owners can use for everyday operations, working capital, purchasing equipment or inventory and paying other debts.
Updated December 10, 2021
Short-Term Working Capital Loan - The loan can be used to meet your daily business expenses such as the salaries of your employees, funds required to meet daily operation of your business, overall costs of running your business and others.
Updated December 09, 2021
GREENBRIER, ARKANSAS – First Service Bank, a full-service bank with 10 locations across Arkansas announced the promotion of Kasey Jaracz to Loan Operations Assistant Manager.
Updated December 07, 2021

Frequently Asked Questions About a Loan Operations Assistant Salaries

What is the average of a Loan Operations Assistant in Illinois?

The Loan Operations Assistant salary range is from $41,748 to $52,134, and the average Loan Operations Assistant salary is $46,642/year in Illinois. The Loan Operations Assistant's salary will change in different locations.

Which location pays the highest Loan Operations Assistant salary in the United States?

The Loan Operations Assistant salary in San Jose, CA is $57,716 which is the highest in the US.

What kinds of reasons will influence the Loan Operations Assistant'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 Operations Assistant.

What is the growth rate of the Loan Operations Assistant's salary?

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