How Much Does a Loan Partner Make in Michigan?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Partner in Michigan is $42,761. While Salary.com is seeing that Loan Partner salary in MI can go up to $51,669 or down to $33,042, but most earn between $37,674 and $47,424. 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 Partner
Loan Partner I
$43,486
Michigan
Per Year
Loan Partner II
$47,642
Michigan
Per Year
Managing Partner
$193,610
Michigan
Per Year
Client Partner
$67,499
Michigan
Per Year
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Similar Job Salaries to Loan Partner by Company

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Company average base salary in (usd) range
Rapid Home Lending
Loan Partner
$57,657/yr
$48,678
$66,636
RANGE: $48,678 - $66,636
Bighornlaw
Loan Partner
$72,935/yr
$62,272
$83,597
RANGE: $62,272 - $83,597
Griffin Funding
Loan Partner
$70,760/yr
$60,416
$81,105
RANGE: $60,416 - $81,105
$61,314/yr
$52,782
$69,846
RANGE: $52,782 - $69,846
Reliant Companies, Inc
Loan Partner
$65,226/yr
$55,691
$74,761
RANGE: $55,691 - $74,761
Neighborhood Loans
Loan Partner
$55,509/yr
$48,237
$62,782
RANGE: $48,237 - $62,782
$72,935/yr
$62,272
$83,597
RANGE: $62,272 - $83,597
$64,746/yr
$55,736
$73,755
RANGE: $55,736 - $73,755
Success Mortgage Partners
Loan Partner / Loan Officer Assistant
$63,071/yr
$53,873
$72,269
RANGE: $53,873 - $72,269

Open Loan Partner Jobs in Michigan

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Top 10 Highest Paying Cities For Loan Partner 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 Partner 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 Partner job salaries in Michigan. Some cities can pay higher salaries for Loan Partner jobs, which can indicate that there is a large demand for Loan Partner positions in this city.
The following table shows top 10 cities where the Loan Partner salary is higher than other cities in Michigan. Ann Arbor takes first place in this list, followed by Canton, Novi. The Loan Partner salary is $44,451 in Ann Arbor, which is higher than the national average. There are 18 cities' Loan Partner salary higher than national average in Michigan.
The average salary for a Loan Partner in Michigan is $42,761, but we found that the city with the highest salary for Loan Partner jobs is Ann Arbor, MI, and it is higher than Canton. Loan Partner 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 $44,451 $3,704 $855 $21
Canton $44,364 $3,697 $853 $21
Novi $44,234 $3,686 $851 $21
Westland $43,888 $3,657 $844 $21
West Bloomfield $43,715 $3,643 $841 $21
Detroit $43,671 $3,639 $840 $21
Warren $43,671 $3,639 $840 $21
Dearborn $43,671 $3,639 $840 $21
Waterford $43,671 $3,639 $840 $21
Dearborn Heights $43,628 $3,636 $839 $21

What Does a Loan Partner Do?

Mekar partners with microfinance institutions at the local level such as savings and loan cooperatives and multi-finance firms, allowing Mekar to cater to people from all parts of Indonesia.
Updated December 21, 2021
Adding your partner to your property title can be complicated especially if you have a unique personal situation or home loan feature.
Updated December 19, 2021
If this isn't acceptable to the selling partner, it may be possible for the buying partner to obtain a home equity loan in addition to the first mortgage.
Updated December 15, 2021
The partner who owned the money would probably be allowed to claim a deduction for the forgiven amount as long as the loan has been formally structured, with a promissory note and interest payments.
Updated December 14, 2021
Our partners own extensive loan portfolios and they are highly skilled in credit risk assessment and loan management, collection and repayment.
Updated December 13, 2021

Frequently Asked Questions About a Loan Partner Salaries

What is the average of a Loan Partner in Michigan?

The Loan Partner salary range is from $37,674 to $47,424, and the average Loan Partner salary is $42,761/year in Michigan. The Loan Partner's salary will change in different locations.

Which location pays the highest Loan Partner salary in the United States?

The Loan Partner salary in San Jose, CA is $54,372 which is the highest in the US.

What kinds of reasons will influence the Loan Partner'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 Partner.

What is the growth rate of the Loan Partner's salary?

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