How Much Does a Loan Processing Specialist Make in Iowa?

Updated April 24, 2024
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Individually reported data submitted by users of our website

Normal Confidence
$51,113/yr
Average Base Pay
Low $44,715
Average $51,113
High $56,925
The average salary for Loan Processing Specialist is $51,113 per year in Iowa.

Related Job Titles to Loan Processing Specialist

Mortgage Loan Processing Compliance Specialist
$48,100
Iowa
Per Year
Loan Processing Supervisor
$61,156
Iowa
Per Year
Loan Processing Manager
$96,489
Iowa
Per Year
Loan Processing Analyst
$38,396
Iowa
Per Year

Similar Job Salaries to Loan Processing Specialist by Company

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Company average base salary in (usd) range
First Bank
Loan Processing Team Leader
$104,509/yr
$88,365
$120,652
RANGE: $88,365 - $120,652
Iowa Community Choice Credit Union
Commercial Loan Processing and Operation Lead
$82,922/yr
$68,424
$97,420
RANGE: $68,424 - $97,420
Apex Systems
Loan specialist
$92,373/yr
$77,589
$107,157
RANGE: $77,589 - $107,157
OHNWARD BANCSHARES
Loan Specialist
$48,683/yr
$41,700
$55,667
RANGE: $41,700 - $55,667
QCR Holdings, Inc.
Consumer Loan Boarding Specialist
$49,087/yr
$43,205
$54,968
RANGE: $43,205 - $54,968
Triumph
Loan Operations Specialist
$46,135/yr
$40,045
$52,225
RANGE: $40,045 - $52,225
OneMain Financial
Consumer loan specialist
$82,272/yr
$68,877
$95,666
RANGE: $68,877 - $95,666
Ag Jobs
Supervisory Loan Specialist (Agricultural)
$75,600/yr
$62,614
$88,586
RANGE: $62,614 - $88,586
SNB
Mortgage Loan Production Specialist
$65,509/yr
$58,397
$72,621
RANGE: $58,397 - $72,621

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Top 10 Highest Paying Cities For Loan Processing Specialist Jobs in Iowa

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Processing 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 Processing Specialist job salaries in Iowa. Some cities can pay higher salaries for Loan Processing Specialist jobs, which can indicate that there is a large demand for Loan Processing Specialist positions in this city.
The following table shows top 10 cities where the Loan Processing Specialist salary is higher than other cities in Iowa. Des Moines takes first place in this list, followed by Ankeny, Urbandale. The Loan Processing Specialist salary is $51,807 in Des Moines, which is lower than the national average. There is 0 city's Loan Processing Specialist salary higher than national average in Iowa.
The average salary for a Loan Processing Specialist in Iowa is $51,113, but we found that the city with the highest salary for Loan Processing Specialist jobs is Des Moines, IA, and it is higher than Ankeny. Loan Processing Specialist jobs in Des Moines can have the opportunity to earn higher salaries than in other cities in Iowa.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Des Moines $51,807 $4,317 $996 $25
Ankeny $51,807 $4,317 $996 $25
Urbandale $51,807 $4,317 $996 $25
Ames $51,327 $4,277 $987 $25
Cedar Rapids $51,113 $4,259 $983 $25
Council Bluffs $50,793 $4,233 $977 $24
Davenport $50,686 $4,224 $975 $24
Iowa City $50,686 $4,224 $975 $24
Dubuque $50,419 $4,202 $970 $24
Waterloo $49,618 $4,135 $954 $24

What Does a Loan Processing Specialist Do?

Red flags will appear in myPurdue, even if these requirements have been completed, until we begin processing loans in April.
Updated December 13, 2021
Before committing to loan consolidation, be sure to discuss your particular situation fully with a loan consolidation specialist to see if loan consolidation is best for you.
Updated November 24, 2021
Dhani’s No-EMI Personal Loan is a unique offering that can be availed at no interest and zero processing fees.
Updated November 24, 2021
As a loan servicing specialist, your duties primarily focus on ensuring that all documents, signatures, and supporting information are complete and in compliance with all rules and regulations governing loan processing.
Updated November 21, 2021
Make sure we follow the regulatory requirements with regard to payment processing and new loan set up.
Updated November 08, 2021

Frequently Asked Questions About a Loan Processing Specialist Salaries

What is the average of a Loan Processing Specialist in Iowa?

The Loan Processing Specialist salary range is from $44,715 to $56,925, and the average Loan Processing Specialist salary is $51,113/year in Iowa. The Loan Processing Specialist's salary will change in different locations.

Which location pays the highest Loan Processing Specialist salary in the United States?

The Loan Processing Specialist salary in San Jose, CA is $67,029 which is the highest in the US.

What kinds of reasons will influence the Loan Processing 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 Processing Specialist.

What is the growth rate of the Loan Processing Specialist's salary?

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