Lending Analyst Salary in South Bend, Indiana

How much does a Lending Analyst make in South Bend, IN?

As of April 01, 2025, the average annual salary for a Lending Analyst in South Bend, IN is $70,627. According to Salary.com, salaries can range from a low of $59,903 to a high of $83,260, with most professionals earning between $65,014 and $77,240.

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Salary range for an Lending Analyst

$65,014 to $77,240

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What is a Lending Analyst?

A Lending Analyst is responsible for evaluating and analyzing loan applications and financial data to determine the creditworthiness of potential borrowers. They review and assess the financial statements, credit reports, and other relevant documents to make informed decisions on loan approvals or denials. Lending Analysts also work closely with loan officers and underwriters to ensure that all necessary information is gathered and accurately assessed. Additionally, they may be involved in developing and implementing lending policies and procedures to minimize risk and maximize profitability for the lending institution. Strong analytical skills, attention to detail, and a thorough understanding of lending regulations and best practices are essential for success in this role.

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Job Openings for Lending Analyst in South Bend, IN

What does a Lending Analyst do?

Common responsibilities of a Lending Analyst

Monitor and track the performance of existing loans to identify potential issues and recommend appropriate actions.

September 01, 2023

Review financial statements, credit reports, and other relevant documents to assess borrower's financial situation.

September 14, 2023

Provide recommendations on loan terms, interest rates, and collateral requirements based on risk assessment and financial analysis.

September 14, 2023

Prepare and present reports on lending activities, portfolio performance, and risk management to senior management.

September 18, 2023

Stay updated on industry trends, regulatory changes, and best practices in lending analysis.

September 18, 2023

Assist in the development and implementation of new lending products and strategies based on market analysis and customer needs.

September 20, 2023

Conduct industry and market research to assess the potential risks and opportunities associated with lending to specific sectors or businesses.

September 24, 2023

Collaborate with underwriters and loan officers to ensure compliance with lending policies and regulations.

October 15, 2023

Analyze and evaluate loan applications to determine creditworthiness and risk level.

October 29, 2023

Develop and maintain financial models to forecast loan performance and assess potential impact on the lending portfolio.

November 01, 2023

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Lending Analyst Salary By Experience Levels in South Bend, IN

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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 Analyst Salary By Level of Education in South Bend, IN

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LEVEL OF EDUCATION

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Average Salary Range for Lending Analyst in South Bend, IN

Average Base Salary

Core compensation

65014

77240

70627

Average Total Cash Compensation

Includes base and annual incentives

66593

80171

72660

What is the average salary for Lending Analyst in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Lending Analyst in South Bend, IN. The base salary for Lending Analyst ranges from $65,014 to $77,240 with the average base salary of $70,627. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $66,593 to $80,171 with the average total cash compensation of $72,660.

View Average Salary for Lending Analyst as table

	Average Salary	Average Salary Range
Base Salary	$70,627	$65,014 - $77,240
Bonus	$2,033	$1,579 - $2,931
Total Pay	$72,660	$66,593 - $80,171

* 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 Analyst Salary Near South Bend, IN

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO South Bend, IN
CITY, STATE Mishawaka, IN	AVERAGE SALARY RANGE $65,014 - $77,240	COMPARE TO South Bend, IN 0%
CITY, STATE Elkhart, IN	AVERAGE SALARY RANGE $67,452 - $80,136	COMPARE TO South Bend, IN
CITY, STATE Benton Harbor, MI	AVERAGE SALARY RANGE $67,445 - $80,128	COMPARE TO South Bend, IN
CITY, STATE Gary, IN	AVERAGE SALARY RANGE $69,471 - $82,535	COMPARE TO South Bend, IN
CITY, STATE Kalamazoo, MI	AVERAGE SALARY RANGE $67,620 - $80,335	COMPARE TO South Bend, IN
CITY, STATE Hammond, IN	AVERAGE SALARY RANGE $69,471 - $82,535	COMPARE TO South Bend, IN

See salaries for Lending Analyst in locations close to South Bend, IN. 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.

About South Bend, Indiana

South Bend is a city in and the county seat of St. Joseph County, Indiana, United States, on the St. Joseph River near its southernmost bend, from which it derives its name. As of the 2010 census, the city had a total of 101,168 residents; its Metropolitan Statistical Area had a population of 318,586 and Combined Statistical Area of 721,296. It is the fourth-largest city in Indiana, serving as the economic and cultural hub of Northern Indiana. The highly ranked University of Notre Dame is located just to the north in unincorporated Notre Dame, Indiana and is an integral contributor to the reg...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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JOB TITLE Analyst, Securities Lending	LOCATION South Bend, IN	MINIMUM SALARY $44,271	MAXIMUM SALARY $54,875
JOB TITLE Commercial Lending Analyst	LOCATION South Bend, IN	MINIMUM SALARY $56,055	MAXIMUM SALARY $71,908
JOB TITLE Credit Analyst I - Lending	LOCATION South Bend, IN	MINIMUM SALARY $48,460	MAXIMUM SALARY $57,990
JOB TITLE Credit Analyst II - Lending	LOCATION South Bend, IN	MINIMUM SALARY $56,280	MAXIMUM SALARY $68,380
JOB TITLE Credit Analyst III - Lending	LOCATION South Bend, IN	MINIMUM SALARY $74,750	MAXIMUM SALARY $80,750
JOB TITLE Credit Analyst IV - Lending	LOCATION South Bend, IN	MINIMUM SALARY $87,880	MAXIMUM SALARY $102,630

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