Senior Loan Specialist Salaries in Illinois
How Much Does a Senior Loan Specialist Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Senior Loan Specialist in Illinois is $59,955.
While Salary.com is seeing that Senior Loan Specialist salary in IL can go up to $78,139
or down to $42,421, but most earn between $50,777 and $69,473.
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 Senior Loan Specialist
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Similar Job Salaries to Senior Loan Specialist by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
BMO Financial Group
Senior Business Development Loan Specialist
|
$101,603/yr
|
RANGE: $90,265 - $112,940
|
|
Alter Domus
Senior Loan Servicing Specialist - Agency Services
|
$60,516/yr
|
RANGE: $54,463 - $66,569
|
|
First Federal Savings Bank Illinois
Loan Collection Specialist/Loan Servicer
|
$40,553/yr
|
RANGE: $37,223 - $43,884
|
|
The LaSalle Group
Senior Loan Processor
|
$91,435/yr
|
RANGE: $82,281 - $100,588
|
|
Empeople Credit Union
Senior Mortgage Loan Originator
|
$71,794/yr
|
RANGE: $64,516 - $79,072
|
|
Wintrust Financial Corporation
Loan Documentation Administrator, Senior
|
$59,226/yr
|
RANGE: $53,264 - $65,189
|
|
The Federal Savings Bank
SENIOR LOAN PROCESSOR
|
$66,414/yr
|
RANGE: $59,781 - $73,046
|
|
G-PAC
Senior Commercial Loan Officer
|
$106,233/yr
|
RANGE: $94,920 - $117,545
|
|
OneMain Financial
Loan Sales Specialist
|
$47,637/yr
|
RANGE: $42,695 - $52,579
|
Top 10 Highest Paying Cities For Senior Loan Specialist Jobs in Illinois
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Senior Loan 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 Senior Loan Specialist job salaries in Illinois.
Some cities can pay higher salaries for Senior Loan Specialist jobs, which can indicate that there is a large demand for Senior Loan Specialist positions in this city.
The following table shows top 10 cities where the Senior Loan Specialist salary is higher than other cities in Illinois.
Chicago takes first place in this list, followed by Cicero, Oak Park.
The Senior Loan Specialist salary is $60,785 in Chicago,
which is higher than the national average. There are 20 cities' Senior Loan Specialist salary higher than national average in Illinois.
The average salary for a Senior Loan Specialist in Illinois is $59,955,
but we found that the city with the highest salary for Senior Loan Specialist jobs is Chicago, IL, and it is higher than Cicero.
Senior Loan Specialist 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 | $60,785 | $5,065 | $1,169 | $29 |
| Cicero | $60,785 | $5,065 | $1,169 | $29 |
| Oak Park | $60,785 | $5,065 | $1,169 | $29 |
| Evanston | $60,761 | $5,063 | $1,168 | $29 |
| Skokie | $60,761 | $5,063 | $1,168 | $29 |
| Oak Lawn | $60,714 | $5,060 | $1,168 | $29 |
| Des Plaines | $60,620 | $5,052 | $1,166 | $29 |
| Mount Prospect | $60,573 | $5,048 | $1,165 | $29 |
| Aurora | $60,314 | $5,026 | $1,160 | $29 |
| Hoffman Estates | $60,261 | $5,022 | $1,159 | $29 |
What Does a Senior Loan Specialist Do?
LendSure Mortgage Corp is looking for a Senior Loan Specialist to work out of our Kennesaw, GA Regional Center.
Updated December 17, 2021
56% of Senior loan specialists in the United States think their salaries are enough for the cost of living in their area.
Updated November 26, 2021
If you are thinking of becoming a Senior Loan Specialist or planning the next step in your career, find details about.
Updated November 05, 2021
Speak with a Funding Specialist today to learn about National Funding’s small business loans for bad credit.
Updated October 23, 2021
The Senior Loan Specialist is responsible for issuing pre-qualifications, managing a pipeline of loans from approval to closing, and various loan processing duties.
Updated October 12, 2021
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Explore JobArchitectFrequently Asked Questions About a Senior Loan Specialist Salaries
What is the average of a Senior Loan Specialist in Illinois?
The Senior Loan Specialist salary range is from $50,777 to $69,473, and the average Senior Loan Specialist salary is $59,955/year in Illinois.
The Senior Loan Specialist's salary will change in different locations.
Which location pays the highest Senior Loan Specialist salary in the United States?
The Senior Loan Specialist salary in San Jose, CA is $74,190
which is the highest in the US.
What kinds of reasons will influence the Senior Loan 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 Senior Loan Specialist.
What is the growth rate of the Senior Loan Specialist's salary?
If you are thinking of becoming a Senior Loan Specialist or planning the next step in your career, find the detailed salary report of a Senior Loan Specialist.
