Lending Agent Salary in Philadelphia, PA

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How much does a Lending Agent make?

As of December 01, 2024, the average annual pay of Lending Agent in Philadelphia, PA is $55,334. While Salary.com is seeing that Lending Agent salary in Philadelphia, PA can go up to $70,639 or down to $40,369, but most earn between $47,501 and $63,345. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Agent in the United States.

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Salary range for a Lending Agent
$47,501 to $63,345
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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 Philadelphia, PA

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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 Philadelphia, PA

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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 Philadelphia, PA

Average Base Salary

Core compensation

 
 
 
47501
63345
55334

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48623
67212
57245
What is the average salary for Lending Agent in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Agent in Philadelphia, PA. The base salary for Lending Agent ranges from $47,501 to $63,345 with the average base salary of $55,334. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,623 to $67,212 with the average total cash compensation of $57,245.

View Average Salary for Lending Agent as table

Average Salary Average Salary Range
Base Salary $55,334 $47,501 - $63,345
Bonus $1,912 $1,122 - $3,868
Total Pay $57,245 $48,623 - $67,212
* 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 Philadelphia, PA

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Philadelphia, PA
CITY, STATE Camden, NJ AVERAGE SALARY RANGE $47,735 - $63,657 COMPARE TO Philadelphia, PA
CITY, STATE West Chester, PA AVERAGE SALARY RANGE $47,141 - $62,865 COMPARE TO Philadelphia, PA
CITY, STATE Doylestown, PA AVERAGE SALARY RANGE $48,912 - $65,227 COMPARE TO Philadelphia, PA
CITY, STATE Trenton, NJ AVERAGE SALARY RANGE $49,063 - $65,428 COMPARE TO Philadelphia, PA
CITY, STATE Wilmington, DE AVERAGE SALARY RANGE $47,231 - $62,985 COMPARE TO Philadelphia, PA
CITY, STATE New Castle, DE AVERAGE SALARY RANGE $47,231 - $62,985 COMPARE TO Philadelphia, PA
See salaries for Lending Agent in locations close to Philadelphia, PA. 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 Philadelphia, PA

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE VP of Lending LOCATION Philadelphia, PA MINIMUM SALARY $168,100 MAXIMUM SALARY $232,900
JOB TITLE Lending Assistant LOCATION Philadelphia, PA MINIMUM SALARY $49,725 MAXIMUM SALARY $61,651
JOB TITLE Lending Manager LOCATION Philadelphia, PA MINIMUM SALARY $93,166 MAXIMUM SALARY $124,666
JOB TITLE Lending Specialist LOCATION Philadelphia, PA MINIMUM SALARY $49,725 MAXIMUM SALARY $61,651
JOB TITLE Lending Supervisor LOCATION Philadelphia, PA MINIMUM SALARY $82,581 MAXIMUM SALARY $103,250
JOB TITLE Lending Officer LOCATION Philadelphia, PA MINIMUM SALARY $70,942 MAXIMUM SALARY $87,616
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 Philadelphia, PA that might be a good fit for the type of job and salary you are looking for.

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47501
63345

 

About Philadelphia, Pennsylvania    Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most popul....More

Philadelphia, Pennsylvania  area prices were up 1.0% from a year ago

Lending Agent Salary in popular cities: Pittsburgh, Allentown, Erie

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