Loan Administration Salary in Passaic, NJ

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How much does a Loan Administration make in Passaic, NJ?

As of March 01, 2025, the average annual salary for a Loan Administration in Passaic, NJ is $53,732. Salary.com reports that pay typically ranges from $47,739 to $60,884, with most professionals earning between $42,282 and $67,395.

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Salary range for a Loan Administration
$47,739 to $60,884
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What is a Loan Administration?

The job of a Loan Administrator involves managing and overseeing the loan process from start to finish. This includes reviewing and processing loan applications, verifying the accuracy of loan documentation, and ensuring compliance with lending regulations. Loan Administrators also communicate with borrowers to gather necessary information and provide updates on the status of their loan. Additionally, they may be responsible for maintaining loan files, coordinating loan closings, and assisting with loan servicing tasks. Strong attention to detail, excellent organizational skills, and a thorough understanding of lending practices and regulations are essential for success in this role.

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Loan Administration Salary By Experience Levels in Passaic, NJ

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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.

Loan Administration Salary By Level of Education in Passaic, NJ

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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 Loan Administration in Passaic, NJ

Average Base Salary

Core compensation

 
 
 
47739
60884
53732

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48372
62250
54801
What is the average salary for Loan Administration in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Administration in Passaic, NJ. The base salary for Loan Administration ranges from $47,739 to $60,884 with the average base salary of $53,732. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,372 to $62,250 with the average total cash compensation of $54,801.

View Average Salary for Loan Administration as table

Average Salary Average Salary Range
Base Salary $53,732 $47,739 - $60,884
Bonus $1,069 $633 - $1,366
Total Pay $54,801 $48,372 - $62,250
* 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.

Loan Administration Salary Near Passaic, NJ

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Passaic, NJ
CITY, STATE Clifton, NJ AVERAGE SALARY RANGE $47,822 - $60,990 COMPARE TO Passaic, NJ
CITY, STATE Bloomfield, NJ AVERAGE SALARY RANGE $47,822 - $60,990 COMPARE TO Passaic, NJ
CITY, STATE Hackensack, NJ AVERAGE SALARY RANGE $47,780 - $60,937 COMPARE TO Passaic, NJ
CITY, STATE Paramus, NJ AVERAGE SALARY RANGE $47,863 - $61,043 COMPARE TO Passaic, NJ
CITY, STATE Bergenfield, NJ AVERAGE SALARY RANGE $47,780 - $60,937 COMPARE TO Passaic, NJ
CITY, STATE East Orange, NJ AVERAGE SALARY RANGE $46,951 - $59,879 COMPARE TO Passaic, NJ
See salaries for Loan Administration in locations close to Passaic, NJ. 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 Loan Administration in Passaic, NJ

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Loan Administration Manager LOCATION Passaic, NJ MINIMUM SALARY $64,819 MAXIMUM SALARY $80,923
JOB TITLE Loan Administration Specialist LOCATION Passaic, NJ MINIMUM SALARY $43,630 MAXIMUM SALARY $52,886
JOB TITLE Middle Market Loan Administration Specialist LOCATION Passaic, NJ MINIMUM SALARY $58,600 MAXIMUM SALARY $76,300
JOB TITLE Small Business Administration Loan Officer II LOCATION Passaic, NJ MINIMUM SALARY $102,170 MAXIMUM SALARY $122,350
JOB TITLE Head of Branch Administration LOCATION Passaic, NJ MINIMUM SALARY $223,530 MAXIMUM SALARY $286,110
JOB TITLE VP of Branch Administration LOCATION Passaic, NJ MINIMUM SALARY $223,529 MAXIMUM SALARY $286,105
The Loan Administration 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 Passaic, NJ that might be a good fit for the type of job and salary you are looking for.

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47739
60884

 

About Passaic, New Jersey    According to the United States Census Bureau, the city had a total area of 3.244 square miles (8.401 km2), including 3.146 square miles (8.149 km2) of....More

Passaic, New Jersey  area prices were up 1.5% from a year ago

Loan Administration Salary in popular cities: Newark, Jersey City, Paterson

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