Loan Administration Salary in Reading, PA

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How much does a Loan Administration make?

As of December 01, 2024, the average annual pay of Loan Administration in Reading, PA is $46,153. While Salary.com is seeing that Loan Administration salary in Reading, PA can go up to $57,883 or down to $36,317, but most earn between $41,005 and $52,293. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Administration in the United States.

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Salary range for a Loan Administration
$41,005 to $52,293
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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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Job Openings for Loan Administration in Reading, PA
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Loan Administration Salary By Experience Levels in Reading, PA

How much should you be earning in Loan Administration in Reading, PA based on your current experience?
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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 Reading, 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 Loan Administration in Reading, PA

Average Base Salary

Core compensation

 
 
 
41005
52293
46153

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
41549
53463
47069
What is the average salary for Loan Administration in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Administration in Reading, PA. The base salary for Loan Administration ranges from $41,005 to $52,293 with the average base salary of $46,153. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $41,549 to $53,463 with the average total cash compensation of $47,069.

View Average Salary for Loan Administration as table

Average Salary Average Salary Range
Base Salary $46,153 $41,005 - $52,293
Bonus $916 $544 - $1,170
Total Pay $47,069 $41,549 - $53,463
* 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 Reading, PA

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Reading, PA
CITY, STATE Allentown, PA AVERAGE SALARY RANGE $41,532 - $52,966 COMPARE TO Reading, PA
CITY, STATE Lancaster, PA AVERAGE SALARY RANGE $40,374 - $51,489 COMPARE TO Reading, PA
CITY, STATE Bethlehem, PA AVERAGE SALARY RANGE $41,532 - $52,966 COMPARE TO Reading, PA
CITY, STATE West Chester, PA AVERAGE SALARY RANGE $43,189 - $55,078 COMPARE TO Reading, PA
CITY, STATE Lebanon, PA AVERAGE SALARY RANGE $40,217 - $51,289 COMPARE TO Reading, PA
CITY, STATE Doylestown, PA AVERAGE SALARY RANGE $44,812 - $57,148 COMPARE TO Reading, PA
See salaries for Loan Administration in locations close to Reading, 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 Loan Administration in Reading, PA

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Loan Administration Manager LOCATION Reading, PA MINIMUM SALARY $55,653 MAXIMUM SALARY $69,480
JOB TITLE Loan Administration Specialist LOCATION Reading, PA MINIMUM SALARY $42,639 MAXIMUM SALARY $52,496
JOB TITLE Middle Market Loan Administration Specialist LOCATION Reading, PA MINIMUM SALARY $55,900 MAXIMUM SALARY $67,500
JOB TITLE Small Business Administration Loan Officer II LOCATION Reading, PA MINIMUM SALARY $93,430 MAXIMUM SALARY $120,750
JOB TITLE Head of Branch Administration LOCATION Reading, PA MINIMUM SALARY $174,090 MAXIMUM SALARY $307,380
JOB TITLE SBA Loan Officer LOCATION Reading, PA MINIMUM SALARY $93,427 MAXIMUM SALARY $120,742
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 Reading, PA that might be a good fit for the type of job and salary you are looking for.

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41005
52293

 

About Reading, Pennsylvania    Reading (/ˈrɛdɪŋ/ RED-ing; Pennsylvania German: Reddin) is a city in and the county seat of Berks County, Pennsylvania, United States. With a populati....More

Reading, Pennsylvania  area prices were up 1.5% from a year ago

Loan Administration Salary in popular cities: Philadelphia, Pittsburgh, Allentown

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