Lending Agent Salary in Duluth, MN

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How much does a Lending Agent make in Duluth, MN?

As of April 01, 2025, the average annual salary for a Lending Agent in Duluth, MN is $50,659. Salary.com reports that pay typically ranges from $43,489 to $57,998, with most professionals earning between $36,961 and $64,681.

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Salary range for a Lending Agent
$43,489 to $57,998
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What is a Lending Agent?

A Lending Agent is responsible for evaluating and processing loan applications from individuals or businesses. They review financial documents, credit reports, and other relevant information to determine the borrower's creditworthiness and ability to repay the loan. Lending agents also work with clients to explain loan options, terms, and conditions, and assist them in completing the application process. They may also be responsible for negotiating loan terms and ensuring that all necessary paperwork is completed accurately and in a timely manner. Additionally, lending agents may be involved in marketing and promoting loan products to potential clients. Overall, their primary goal is to facilitate the lending process and help clients secure the financing they need.

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Lending Agent Salary By Experience Levels in Duluth, MN

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RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Lending Agent Salary By Level of Education in Duluth, MN

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LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Lending Agent in Duluth, MN

Average Base Salary

Core compensation

 
 
 
43489
57998
50659

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
44516
61532
52409
What is the average salary for Lending Agent in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Agent in Duluth, MN. The base salary for Lending Agent ranges from $43,489 to $57,998 with the average base salary of $50,659. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $44,516 to $61,532 with the average total cash compensation of $52,409.

View Average Salary for Lending Agent as table

Average Salary Average Salary Range
Base Salary $50,659 $43,489 - $57,998
Bonus $1,750 $1,028 - $3,534
Total Pay $52,409 $44,516 - $61,532
* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.
* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Lending Agent Salary Near Duluth, MN

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Duluth, MN
CITY, STATE Saint Paul, MN AVERAGE SALARY RANGE $47,451 - $63,283 COMPARE TO Duluth, MN
CITY, STATE Saint Cloud, MN AVERAGE SALARY RANGE $44,726 - $59,649 COMPARE TO Duluth, MN
CITY, STATE Minneapolis, MN AVERAGE SALARY RANGE $47,451 - $63,283 COMPARE TO Duluth, MN
CITY, STATE Minnetonka, MN AVERAGE SALARY RANGE $47,451 - $63,283 COMPARE TO Duluth, MN
CITY, STATE Eau Claire, WI AVERAGE SALARY RANGE $43,666 - $58,234 COMPARE TO Duluth, MN
CITY, STATE Eden Prairie, MN AVERAGE SALARY RANGE $47,370 - $63,174 COMPARE TO Duluth, MN
See salaries for Lending Agent in locations close to Duluth, MN. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

View Salary for Similar Jobs to Lending Agent in Duluth, MN

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE VP of Lending LOCATION Duluth, MN MINIMUM SALARY $162,300 MAXIMUM SALARY $194,900
JOB TITLE SVP of Lending LOCATION Duluth, MN MINIMUM SALARY $184,824 MAXIMUM SALARY $222,774
JOB TITLE Lending Assistant LOCATION Duluth, MN MINIMUM SALARY $45,626 MAXIMUM SALARY $56,556
JOB TITLE Lending Manager LOCATION Duluth, MN MINIMUM SALARY $85,296 MAXIMUM SALARY $114,137
JOB TITLE Lending Specialist LOCATION Duluth, MN MINIMUM SALARY $45,626 MAXIMUM SALARY $56,556
JOB TITLE Lending Supervisor LOCATION Duluth, MN MINIMUM SALARY $75,760 MAXIMUM SALARY $94,732
The Lending Agent job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Duluth, MN that might be a good fit for the type of job and salary you are looking for.

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43489
57998

 

About Duluth, Minnesota    According to the United States Census Bureau, the city has a total area of 87.43 square miles (226.44 km2); 67.79 square miles (175.58 km2) is land an....More

Duluth, Minnesota  area prices were up 1.3% from a year ago

Lending Agent Salary in popular cities: Minneapolis, Saint Paul, Rochester

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