How Much Does a Loan Technician Make?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Loan Technician in the United States is $120,879. While Salary.com is seeing that Loan Technician salary in the US can go up to $152,837 or down to $83,207, but most earn between $101,160 and $137,607. 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.
25% $101,160 10% $83,207 90% $152,837 75% $137,607 $120,879 50%(Median)
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Similar Job Salaries to Loan Technician by Company

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Company average base salary in (usd) range
BSI Financial
LOAN TECHNICIAN
$79,273/yr
$67,169
$91,378
RANGE: $67,169 - $91,378
University of Colorado Boulder
Interlibrary Loan Technician
$76,544/yr
$65,396
$87,693
RANGE: $65,396 - $87,693
Associated Bank
Residential Loan Servicing Technician
$56,930/yr
$48,406
$65,454
RANGE: $48,406 - $65,454
Associated Bank
Loan Servicing Technician - Escrow
$66,448/yr
$55,210
$77,687
RANGE: $55,210 - $77,687
Associated Bank
Loan Servicing Technician-Investor Reporting
$64,114/yr
$53,496
$74,733
RANGE: $53,496 - $74,733
West Chester University
25-85 Interlibrary Loan Technician (Library Technician) – Library Services
$58,475/yr
$50,645
$66,304
RANGE: $50,645 - $66,304
Southwest GA Farm Credit, ACA
Loan Administrator/Loan Processor
$57,506/yr
$49,520
$65,492
RANGE: $49,520 - $65,492
Security Bank & Trust Co.
Loan Administrator/Loan Processor
$61,071/yr
$52,930
$69,213
RANGE: $52,930 - $69,213
BankTalent HQ
Loan Secretary / Loan Assistant
$58,029/yr
$49,269
$66,789
RANGE: $49,269 - $66,789

Open Loan Technician Jobs in the United States

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What Does a Loan Technician Do?

If you are thinking of becoming a Loan Technician or planning the next step in your career, find details about.
Updated December 06, 2021
Ensure compliance with Standard Operating ProceduresQualificationsBe valued for who you are:To do this well, our Loan Set Technicians need to have exceptional attention to detail and a strong customer service orientation.
Updated November 23, 2021
In just 4 months, you can finish with two certifications (An Electrocardiogram Technician and  a surgical Technician) without a loan on your neck.
Updated October 09, 2021
Serves as a trainee assisting higher graded technicians in performing a variety of technical and clerical support functions involving; loans, grants and loan guarantee programs.
Updated October 08, 2021
Our technicians can offer you financial counseling and help you deal with your servicer (or work with you directly in the case of a VA direct loan).
Updated October 07, 2021

Frequently Asked Questions About a Loan Technician Salaries

What is the average of a Loan Technician in the United States?

The Loan Technician salary range is from $101,160 to $137,607, and the average Loan Technician salary is $120,879/year in the United States. The Loan Technician's salary will change in different locations.

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

The Loan Technician salary in San Jose, CA is $151,703 which is the highest in the US.

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

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

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

Recent Salary Report

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

$66 Hourly
A Loan Technician in Troy, MI reported making $66 per hour
Troy, MI
3,000 - 7,6 employees
Part-Time
Company - Public
$46 Hourly
A Loan Technician in Waterbury, CT reported making $46 per hour
Waterbury, CT
7,6 - 15,000 employees
Part-Time
Company - Public
$116,771 Yearly
A Loan Technician in Gilbert, AZ reported making $116,771 per year
Gilbert, AZ
6 - 1,000 employees
Full-Time
Company - Private
$8,110 Monthly
A Loan Technician in Colorado Springs, CO reported making $8,110 per month
Colorado Springs, CO
1,000 - 3,000 employees
Full-Time
Company - Public
$146,346 Yearly
A Loan Technician in Jefferson, CO reported making $146,346 per year
Jefferson, CO
100 - 200 employees
Full-Time
Company - Private
$102,255 Yearly
A Loan Technician in Greenwich, CT reported making $102,255 per year
Greenwich, CT
200 - 6 employees
Full-Time
Company - Private