What are the main factors that influence a Loan Coordinator's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Loan Coordinator's salary?

A Loan Coordinator's salary grows with experience: a Loan Coordinator (0-1 years)earns $44,892, a Loan Processor II (1-3 years)earns $50,281, a Loan Processor III (3-5 years)earns $60,928, a Loan Processing Supervisor (5+ years)earns $65,846,

What are the highest paying states for a Loan Coordinator?

Loan Coordinator salary varies significantly by state. The top 3 highest paying states for Loan Coordinator roles are District of Columbia $49,969, California $49,779, Massachusetts $49,116. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Coordinator roles make?

Salaries for Loan Coordinator level roles vary by specialization: Mortgage Loan Coordinator III: $64,090; Consumer Loan Coordinator: $60,390; Construction Loan Coordinator: $55,220; Construction Loan Assistant: $55,217; Mortgage Loan Coordinator II: $53,590.

How do different companies affect a Loan Coordinator's salary?

Company size, industry, and compensation structure create significant salary variations for Loan Coordinator roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Loan Coordinator Salary in the United States

How much does a Loan Coordinator make in the United States?

As of April 01, 2026, the average salary for a Loan Coordinator in the United States is $45,131 per year, which breaks down to an hourly rate of $22.

However, a Loan Coordinator's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $51,326
Majority Range (25th-75th percentile): $41,861 to $48,374
Entry-Level (10th percentile): $38,884

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Loan Coordinator Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$48,374	$4,031	$930	$23
Average	$45,131	$3,761	$868	$22
25th Percentile	$41,861	$3,488	$805	$20

You may get higher pay by adjusting the following factors:

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Check out Loan Coordinator Job Openings in the United States

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Key Factors That Influence Loan Coordinator Salaries

A Loan Coordinator's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, education and company size can directly affect your earning potential.

How Do Loan Coordinator Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Coordinators. For example, consider the average annual salaries in these key locations:

District of Columbia: $49,969.
California: $49,779.
Massachusetts: $49,116.

District of Columbia $49,969 California $49,779 Massachusetts $49,116 Washington $48,935 New Jersey $48,917 Alaska $48,854 Connecticut $48,231 New York $47,979

Hawaii $47,171 Rhode Island $46,792 Maryland $46,534 Minnesota $46,182 Colorado $46,047 Illinois $46,002 Oregon $45,830 Delaware $45,704

New Hampshire $45,625 Virginia $45,447 Pennsylvania $44,928 Nevada $44,666 North Dakota $44,580 Michigan $44,445 Wisconsin $44,395 Vermont $44,296

Texas $44,021 Maine $44,003 Arizona $43,976 Ohio $43,944 Georgia $43,529 Indiana $43,321 Wyoming $43,281 Utah $43,217

Iowa $43,190 Kansas $42,974 Louisiana $42,910 North Carolina $42,888 Missouri $42,879 Florida $42,703 Montana $42,608 Nebraska $42,518

Kentucky $42,468 South Carolina $42,288 Tennessee $42,175 Idaho $42,130 New Mexico $41,800 Oklahoma $41,728 Alabama $41,462 South Dakota $41,015

Arkansas $40,771 West Virginia $40,640 Mississippi $40,248

Top Paying Cities for Loan Coordinators

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $56,924
San Francisco: $56,364
Oakland: $55,114

San Jose, CA $56,924

San Francisco, CA $56,364

Oakland, CA $55,114

New York, NY $52,302

Queens Village, NY $51,964

Paramus, NJ $51,603

Passaic, NJ $51,558

Bergenfield, NJ $51,512

Stamford, CT $51,445

Huntington, NY $51,400

Newark, NJ $51,106

Bridgeport, CT $51,016

New Brunswick, NJ $50,867

Vallejo, CA $50,772

Middlesex, NJ $50,745

Somerset, NJ $50,705

Petaluma, CA $50,601

Santa Cruz, CA $50,425

Boston, MA $50,334

Monterey, CA $50,109

Fairbanks, AK $50,077

Los Angeles, CA $49,991

Washington, DC $49,969

Seattle, WA $49,888

Santa Rosa, CA $49,879

Juneau, AK $49,748

Orange, CA $49,599

Anchorage, AK $49,518

Anaheim, CA $49,486

Santa Ana, CA $49,418

Nassau, NY $49,391

Long Beach, CA $49,373

Danbury, CT $49,360

Santa Maria, CA $49,206

Everett, WA $49,197

Bremerton, WA $48,976

Trenton, NJ $48,890

Sacramento, CA $48,872

San Diego, CA $48,850

Brockton, MA $48,832

Tacoma, WA $48,814

Santa Barbara, CA $48,750

Lowell, MA $48,570

New Suffolk, NY $48,552

Nashua, NH $48,498

Lompoc, CA $48,425

Ventura, CA $48,380

Stockton, CA $48,367

New Haven, CT $48,277

Atlantic City, NJ $48,159

Hartford, CT $48,060

Modesto, CA $48,037

Poughkeepsie, NY $47,938

New Britain, CT $47,915

Olympia, WA $47,852

Kennewick, WA $47,852

New London, CT $47,843

Norwich, CT $47,830

Lawrence, MA $47,807

Bakersfield, CA $47,681

Riverside, CA $47,618

New Bedford, MA $47,618

Richland, WA $47,572

Portsmouth, NH $47,536

Vineland, NJ $47,527

San Bernardino, CA $47,491

Boulder, CO $47,365

Worcester, MA $47,329

Portland, OR $47,288

Saint Paul, MN $47,234

Minneapolis, MN $47,234

Philadelphia, PA $47,171

Honolulu, HI $46,932

Springfield, MA $46,774

Providence, RI $46,769

Chicago, IL $46,638

Bellingham, WA $46,584

Baltimore, MD $46,534

Chico, CA $46,422

Wilmington, DE $46,345

Pittsfield, MA $46,300

Manchester, NH $46,214

Spokane, WA $46,015

Denver, CO $46,011

Albany, NY $45,799

Troy, NY $45,781

Schenectady, NY $45,686

Burlington, VT $45,587

Portland, ME $45,429

Salem, OR $45,393

Yakima, WA $45,384

Ann Arbor, MI $45,370

Rochester, MN $45,244

Fresno, CA $45,221

Reno, NV $45,221

Milwaukee, WI $45,181

Detroit, MI $45,135

Allentown, PA $45,122

Carson City, NV $45,117

Houston, TX $45,050

Colorado Springs, CO $45,045

Syracuse, NY $45,023

Eugene, OR $44,937

Bismarck, ND $44,883

Gary, IN $44,883

Galveston, TX $44,883

Springfield, OR $44,847

Medford, OR $44,738

Fort Collins, CO $44,720

Austin, TX $44,684

Mesa, AZ $44,589

Phoenix, AZ $44,580

Dallas, TX $44,567

Reading, PA $44,540

Saint Cloud, MN $44,522

Concord, NH $44,481

Madison, WI $44,463

Utica, NY $44,341

Raleigh, NC $44,305

Las Vegas, NV $44,300

Rochester, NY $44,269

Des Moines, IA $44,264

Atlanta, GA $44,192

Battle Creek, MI $44,179

Salt Lake City, UT $44,165

Lancaster, PA $44,097

Champaign, IL $44,088

Harrisburg, PA $44,034

Durham, NC $43,994

Kansas City, MO $43,989

Kansas City, KS $43,980

Fort Worth, TX $43,976

Boca Raton, FL $43,957

Cleveland, OH $43,953

Columbus, OH $43,944

Pittsburgh, PA $43,939

Richmond, VA $43,921

Indianapolis, IN $43,912

Cincinnati, OH $43,854

Petersburg, VA $43,786

Billings, MT $43,687

Lansing, MI $43,687

Huntsville, AL $43,687

Lebanon, PA $43,682

Dayton, OH $43,678

Pueblo, CO $43,678

Appleton, WI $43,664

Buffalo, NY $43,646

Racine, WI $43,624

Charlotte, NC $43,619

Saint Louis, MO $43,605

Springfield, IL $43,587

Elkhart, IN $43,578

York, PA $43,578

Gastonia, NC $43,574

Benton Harbor, MI $43,574

Beaumont, TX $43,547

Lorain, OH $43,538

Toledo, OH $43,520

Binghamton, NY $43,497

Rock Hill, SC $43,493

Rockford, IL $43,470

Fargo, ND $43,448

Elyria, OH $43,448

Flagstaff, AZ $43,416

Fort Lauderdale, FL $43,389

Miami, FL $43,362

Duluth, MN $43,290

Bangor, ME $43,231

Cedar Rapids, IA $43,181

Louisville, KY $43,159

Grand Rapids, MI $43,150

Hialeah, FL $43,145

Casper, WY $43,082

Scranton, PA $43,028

New Orleans, LA $43,014

Virginia Beach, VA $43,010

Akron, OH $42,987

Peoria, IL $42,929

Sarasota, FL $42,919

Green Bay, WI $42,888

Baton Rouge, LA $42,865

Charleston, SC $42,856

Nashville, TN $42,843

Jamestown, NY $42,834

Davenport, IA $42,834

Tucson, AZ $42,811

Cheyenne, WY $42,798

Saint Petersburg, FL $42,784

Tampa, FL $42,775

Omaha, NE $42,766

Port Arthur, TX $42,748

Evansville, IN $42,748

Bradenton, FL $42,730

Santa Fe, NM $42,649

Orlando, FL $42,604

Clearwater, FL $42,554

Canton, OH $42,459

La Crosse, WI $42,459

Grand Forks, ND $42,446

Albuquerque, NM $42,432

Tulsa, OK $42,432

Newport News, VA $42,428

High Point, NC $42,414

Ogden, UT $42,396

Corpus Christi, TX $42,360

Laramie, WY $42,333

Norfolk, VA $42,333

Rock Island, IL $42,306

Saginaw, MI $42,297

Jacksonville, FL $42,292

Salisbury, NC $42,283

Memphis, TN $42,274

Moline, IL $42,252

Fort Myers, FL $42,238

Waterloo, IA $42,179

Spartanburg, SC $42,134

Lincoln, NE $42,112

Fort Wayne, IN $42,103

Birmingham, AL $42,053

Cedar Falls, IA $42,044

Provo, UT $42,039

Springfield, OH $42,035

San Antonio, TX $42,026

Greensboro, NC $42,008

South Bend, IN $42,003

Winston Salem, NC $41,999

Boise, ID $41,985

Savannah, GA $41,954

Muskegon, MI $41,872

Lima, OH $41,818

Lake Charles, LA $41,800

Anderson, IN $41,791

Lexington, KY $41,778

Augusta, GA $41,764

Greenville, SC $41,764

Wichita, KS $41,724

Tuscaloosa, AL $41,724

Columbia, SC $41,683

Bloomington, IN $41,570

Roanoke, VA $41,543

Asheville, NC $41,484

Knoxville, TN $41,408

Shreveport, LA $41,403

Wilmington, NC $41,344

Frankfort, KY $41,259

Oklahoma City, OK $41,227

Chillicothe, OH $41,209

Longview, TX $41,205

Topeka, KS $41,191

Mobile, AL $41,123

Terre Haute, IN $41,105

Erie, PA $41,101

Altoona, PA $41,078

Melbourne, FL $41,065

Amarillo, TX $41,047

Killeen, TX $41,033

Fayetteville, AR $40,997

Sioux Falls, SD $40,965

Chattanooga, TN $40,938

Idaho Falls, ID $40,934

Gainesville, FL $40,839

Portsmouth, OH $40,816

Little Rock, AR $40,807

Lynchburg, VA $40,807

Lafayette, LA $40,789

Youngstown, OH $40,789

Temple, TX $40,771

Daytona Beach, FL $40,762

Clarksville, TN $40,758

Pensacola, FL $40,753

Hopkinsville, KY $40,618

Charleston, WV $40,613

Florence, SC $40,591

Sioux City, IA $40,564

Macon, GA $40,433

Tallahassee, FL $40,428

Fayetteville, NC $40,419

Waco, TX $40,410

Wichita Falls, TX $40,410

Pine Bluff, AR $40,392

Vincennes, IN $40,306

Lubbock, TX $40,288

Great Falls, MT $40,261

Alamogordo, NM $40,257

Abilene, TX $40,221

Rapid City, SD $40,162

Monroe, LA $40,162

Albany, GA $40,135

Huntington, WV $40,130

Jackson, MS $40,126

Greenville, MS $40,121

Parkersburg, WV $40,076

Montgomery, AL $40,067

Johnstown, PA $40,058

Springfield, MO $40,022

Biloxi, MS $40,000

Sumter, SC $39,905

Columbus, GA $39,900

Twin Falls, ID $39,873

Pascagoula, MS $39,814

Kingsport, TN $39,697

Gulfport, MS $39,684

Alexandria, LA $39,535

Fort Smith, AR $39,422

El Paso, TX $39,300

Helena, MT $39,241

Las Cruces, NM $39,097

Harlingen, TX $38,971

Pocatello, ID $38,930

Florence, AL $38,916

Brownsville, TX $38,907

Dothan, AL $38,835

Mcallen, TX $38,813

Columbus, MS $38,479

Altus, OK $38,271

Lawton, OK $38,185

Pierre, SD $38,023

What Skills Can Increase a Loan Coordinator's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 10.13% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.88% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.35% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	10.13%
Data Entry	2.88%
Loan Review	1.35%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Coordinator's salary.

Listening: Can increase your salary by up to 38%.
Leadership: Can increase your salary by up to 28%.
Pricing: Can increase your salary by up to 18%.

Skill	Salary	Salary % Increase
Listening	$62,281	38%
Leadership	$57,768	28%
Pricing	$53,254	18%
Underwriting	$50,998	13%
Coordination	$49,193	9%
Verbal Communication	$48,741	8%

Get Latest Data

How Education impacts a Loan Coordinator's Salary?

Your level of education can impact your salary potential. While many Loan Coordinators enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Loan Coordinator with a High School Diploma or Technical Certificate is between $39,683 and $42,442).

Loan Coordinator Salaries by Degree Level

Typical Education for Loan Coordinator

No Diploma 2.7%

High School 34.5%

Associates 15.9%

Bachelors 45.1%

Masters 1.8%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	2.7%
High School	34.5%
Associates	15.9%
Bachelors	45.1%
Masters	1.8%
Doctorate	0.0%

view as graph

Loan Coordinator Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Coordinator's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on April 01, 2026

$41,861

Average $45,131/year

$48,374

$3,488

Average $3,761/month

$4,031

$805

Average $868/week

$930

$20

Average $22/hour

$23

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$48,374	$4,031	$930	$23
Average	$45,131	$3,761	$868	$22
25th Percentile	$41,861	$3,488	$805	$20

Salaries of jobs related to Loan Coordinator

Salary Trends for Loan Coordinator

Salaries for a Loan Coordinator can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $42,371 in 2023 to around $42,167 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Coordinator salary trends, .

Average Annual Salary of Loan Coordinator Over Time

2022

$???

2023

$42,371

2024

$42,412

2025

$42,167

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$42,371
2024	$42,412
2025	$42,167
2026	View More
2027	View More

Most common benefits for Loan Coordinator

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