How Much Does a Loan Operations Representative Make?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Operations Representative in the United States is $47,529. While Salary.com is seeing that Loan Operations Representative salary in the US can go up to $56,483 or down to $37,390, but most earn between $42,222 and $52,216. 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 Representative
Loan Representative
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Per Year
Loan Servicing Representative
$40,852
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Loan Service Representative
$45,772
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Mortgage Loan Representative
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Similar Job Salaries to Loan Operations Representative by Company

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Company average base salary in (usd) range
F.N.B. Corporation
Loan Operations Representative
$65,700/yr
$56,238
$75,162
RANGE: $56,238 - $75,162
F.N.B. Corporation
Syndicated Loan Operations Representative
$63,360/yr
$54,561
$72,158
RANGE: $54,561 - $72,158
SOUTHERN STATES BANK
Loan Operations Representative I
$59,564/yr
$51,293
$67,836
RANGE: $51,293 - $67,836
Clinton Savings Bank
Loan Operations Representative
$64,519/yr
$55,295
$73,744
RANGE: $55,295 - $73,744
Wayne Bank
Loan Operations Service Representative
$50,841/yr
$44,362
$57,321
RANGE: $44,362 - $57,321
LC Staffing
Loan Operations Representative - $20.25/hr
$60,871/yr
$51,994
$69,748
RANGE: $51,994 - $69,748

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What Does a Loan Operations Representative Do?

USDA’s Farm Service Agency (FSA) loans provide important access to capital to help agricultural producers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.
Updated December 13, 2021
Additionally, as a loan operations specialist, you ensure that post-loan applications processes are complete and that all loan applications adhere to the guidelines of the financial institution and state and federal regulations.
Updated December 12, 2021
The Consumer Loan Operations Representative II is also responsible for preparing and processing DMV documentation for vehicle title transfers and ensure title perfection status.
Updated November 26, 2021
The Loan Operation Representative will be primarily responsible for the data entry of loan operation activity while providing customer service.
Updated November 21, 2021
Expenditure to a supplier of goods for the supply of goods that are essential to operations when the expenditure is made and is made pursuant to a contract, order, or purchase order in effect prior to taking out the loan.
Updated November 16, 2021

Frequently Asked Questions About a Loan Operations Representative Salaries

What is the average of a Loan Operations Representative in the United States?

The Loan Operations Representative salary range is from $42,222 to $52,216, and the average Loan Operations Representative salary is $47,529/year in the United States. The Loan Operations Representative's salary will change in different locations.

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

The Loan Operations Representative salary in San Jose, CA is $59,649 which is the highest in the US.

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

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

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

Recent Salary Report

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

$50,355 Yearly
A Loan Operations Representative in Santa Ana, CA reported making $50,355 per year
Santa Ana, CA
6 - 1,000 employees
Full-Time
Company - Private
$46,276 Yearly
A Loan Operations Representative in Phoenix, AZ reported making $46,276 per year
Phoenix, AZ
100 - 200 employees
Full-Time
Company - Private
$4,085 Monthly
A Loan Operations Representative in Lawrence, MA reported making $4,085 per month
Lawrence, MA
1,000 - 3,000 employees
Full-Time
Company - Public
$21 Hourly
A Loan Operations Representative in Saint Paul, MN reported making $21 per hour
Saint Paul, MN
7,6 - 15,000 employees
Part-Time
Company - Public
$24 Hourly
A Loan Operations Representative in Harrisburg, PA reported making $24 per hour
Harrisburg, PA
3,000 - 7,6 employees
Part-Time
Company - Public
$54,673 Yearly
A Loan Operations Representative in Warwick, RI reported making $54,673 per year
Warwick, RI
200 - 6 employees
Full-Time
Company - Private