How much does a Loan Administration Manager make? The average Loan Administration Manager salary is $80,015 as of October 28, 2020, but the salary range typically falls between $58,227 and $107,940. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary range for an Loan Administration Manager
$58,227 to $107,940
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What does a Loan Administration Manager do?
Loan Administration Manager
Manage the pipeline of approved commercial loans and closing team to schedule closings based on Business Unit priorities and available resources necessary to ensure thorough review of loan files are completed prior to closing, funding and boarding all new or renewed loans.
March 09, 2020
Demonstrates strong interpersonal skills, both verbal and written, to work collaboratively across the organization.
March 11, 2020
Assist loan officers and credit analysts in interpreting and evaluating the construction draw process and the construction draw files.
March 12, 2020
Works well in a team environment.
April 03, 2020
Prepare Balancing Sheet, coordinate estimated funding amount with Escrow including prepaid interest for escrow transactions, request funding and boarding after satisfactory funding and boarding file reviews.
April 06, 2020
Lead the development and monitoring of key performance metrics utilized to measure service performance within the team.
April 11, 2020
Develop and maintain construction loan draw files which include project budgets, individual construction draws, draw balancing, site inspections, title escrow agreements and subsequent title information (for example lien waivers, sworn owners and sworn contractors statements).
April 22, 2020
Loan Administration Manager Salary in Major Cities
This chart shows the salary comparison for Loan Administration Manager between major cities. San Francisco City consistently ranks #1 as of October 28, 2020. Click on the chart to see the detail salary data for Loan Administration Manager in each city.
Loan Administration Manager Salary by State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
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- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Loan Administration Manager Salary by City
Click to see the salary for Loan Administration Manager in these major U.S. cities.
| City Name | Average Salary |
|---|---|
| San Francisco, CA | $100,019 |
| Washington, DC | $89,072 |
| Miami, FL | $77,895 |
| Chicago, IL | $84,887 |
| Boston, MA | $90,153 |
| New York, NY | $96,258 |
| Dallas, TX | $79,495 |
If you'd like know Loan Administration Manager Salary in other cities, then please select a city in
Average Salary Range for Loan Administration Manager
Average Base Salary
Core compensation
58227
107940
Average Total Cash Compensation
Includes base and annual incentives
What is the average salary for Loan Administration Manager in 2020?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Administration Manager in the United States. The base salary for Loan Administration Manager ranges from $58,227 to $107,940 with the average base salary of $80,015. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $58,227 to $107,940 with the average total cash compensation of $80,015.
View Average Salary for Loan Administration Manager as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $80,015 | $58,227 - $107,940 |
| Bonus | $0 | $0 - $0 |
| Total Pay | $80,015 | $58,227 - $107,940 |
* 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.
Estimate Salary for Loan Administration Manager online for free
Salary.com Estimate Salary Tool provides free, accurate and real-time salary for thousands of careers. Please enter the following pay factors for Loan Administration Manager, to get a real-time salary target. If you want to get more detailed salary information, please view Professional Salary Report
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Comments about Loan Administration Manager
What's the difference between Small Business Administration Loan Officer I and Loan Administration Manager?
According to our latest salary estimation on October 28, 2020. The average salary of Loan Administration Manager is $80,015, and the average salary of Small Business Administration Loan Officer I is $82,290. The average salary of Small Business Administration Loan Officer I is higher than Loan Administration Manager. ( 2020-10-28 salary.com )
I am a Loan Administration Manager, which location’s salary is higher, Barnstable, MA or New Britain, CT?
New Britain, CT typically sees higher pay than Barnstable, MA for Loan Administration Manager. a Loan Administration Manager Salary in New Britain, CT is $86,417 as of October 28, 2020; a Loan Administration Manager Salary in Barnstable, MA is $84,377 as of October 28, 2020. ( 2020-10-28 salary.com )
Loan Administration Manager Frequently Asked Questions
Why does the salary of a Loan Administration Manager vary from city to city?
The cost of living is tied to salaries. If the expenses are higher in a particular city, then the wage level will be higher as well to afford the people can opportunity to live there. This is why you're always going to make more money in New York City for example, than in a small town. ( 2020-10-28 salary.com )
What are the Pay Factors for Loan Administration Manager?
Salary ranges for a Loan Administration Manager can vary widely, depending on the city and several other pay factors, including (but not limited to) education level, certifications, additional skills, and work experience. Click here to view Eight Factors That Can Affect Your Pay ( 2020-10-28 salary.com )
How the Pay Factors Influence Your Pay?
Salaries are ultimately dictated by the position being applied to, and hiring company, but there are several important pay factors that come into play based on your individual history that could impact your value to the company. Salary.com's Personal Salary Report will analyze these factors for you to help you maximize your earning potential. ( 2020-10-28 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
Last Update: October 28, 2020