Loan Administration Salary in South Bend, IN

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How much does a Loan Administration make?

As of December 01, 2024, the average annual pay of Loan Administration in South Bend, IN is $43,556. While Salary.com is seeing that Loan Administration salary in South Bend, IN can go up to $54,625 or down to $34,273, but most earn between $38,697 and $49,350. 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
$38,697 to $49,350
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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 South Bend, IN
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Loan Administration Salary By Experience Levels in South Bend, IN

How much should you be earning in Loan Administration in South Bend, IN 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 South Bend, IN

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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 South Bend, IN

Average Base Salary

Core compensation

 
 
 
38697
49350
43556

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
39210
50454
44420
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 South Bend, IN. The base salary for Loan Administration ranges from $38,697 to $49,350 with the average base salary of $43,556. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $39,210 to $50,454 with the average total cash compensation of $44,420.

View Average Salary for Loan Administration as table

Average Salary Average Salary Range
Base Salary $43,556 $38,697 - $49,350
Bonus $864 $514 - $1,104
Total Pay $44,420 $39,210 - $50,454
* 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 South Bend, IN

CITY, STATE AVERAGE SALARY RANGE COMPARE TO South Bend, IN
CITY, STATE Mishawaka, IN AVERAGE SALARY RANGE $38,857 - $49,555 COMPARE TO South Bend, IN
CITY, STATE Elkhart, IN AVERAGE SALARY RANGE $39,290 - $50,107 COMPARE TO South Bend, IN
CITY, STATE Benton Harbor, MI AVERAGE SALARY RANGE $39,871 - $50,848 COMPARE TO South Bend, IN
CITY, STATE Gary, IN AVERAGE SALARY RANGE $41,192 - $52,532 COMPARE TO South Bend, IN
CITY, STATE Kalamazoo, MI AVERAGE SALARY RANGE $40,216 - $51,288 COMPARE TO South Bend, IN
CITY, STATE Hammond, IN AVERAGE SALARY RANGE $41,192 - $52,532 COMPARE TO South Bend, IN
See salaries for Loan Administration 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.

View Salary for Similar Jobs to Loan Administration in South Bend, IN

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Loan Administration Manager LOCATION South Bend, IN MINIMUM SALARY $52,520 MAXIMUM SALARY $65,569
JOB TITLE Loan Administration Specialist LOCATION South Bend, IN MINIMUM SALARY $42,639 MAXIMUM SALARY $52,496
JOB TITLE Middle Market Loan Administration Specialist LOCATION South Bend, IN MINIMUM SALARY $52,700 MAXIMUM SALARY $63,700
JOB TITLE Small Business Administration Loan Officer II LOCATION South Bend, IN MINIMUM SALARY $88,170 MAXIMUM SALARY $113,950
JOB TITLE Head of Branch Administration LOCATION South Bend, IN MINIMUM SALARY $164,290 MAXIMUM SALARY $290,080
JOB TITLE SBA Loan Officer LOCATION South Bend, IN MINIMUM SALARY $88,168 MAXIMUM SALARY $113,946
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 South Bend, IN that might be a good fit for the type of job and salary you are looking for.

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38697
49350

 

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 whi....More

South Bend, Indiana  area prices were up 1.3% from a year ago

Loan Administration Salary in popular cities: Indianapolis, Fort Wayne, Evansville

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