Loan Manager Salary in Lansing, Michigan

How much does a Loan Manager make in Lansing, MI?

As of February 01, 2025, the average annual salary for a Loan Manager in Lansing, MI is $171,470. Salary.com reports that pay typically ranges from $143,320 to $193,118, with most professionals earning between $117,692 and $212,827.

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Salary range for a Loan Manager

$143,320 to $193,118

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Loan Manager

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Job Openings for Loan Manager in Lansing, MI

What does a Loan Manager do?

Common responsibilities of a Loan Manager

Assist the Vice President of Lending Experience in developing short and long-term goals and plans for the Real Estate Department ensuring the plans are aligned with the vision and strategic priorities of the credit union.

August 28, 2022

Requires significant experience in Relationship Management and is typically responsible for large and complex commercial and retail banking group relationships as applicable to the line of business.

September 03, 2022

Participate and make recommendations related to staff changes, interviews and selection of new hires, internal promotions, performance evaluations, recognition, employee relations issues, and disciplinary actions.

December 24, 2022

Provide leadership in enhancing loan servicing activities to deliver an exceptional Member experience and deliver exceptional service to other areas including Branches, Call Center and Member Services/Support.

February 14, 2023

Monitors quality of loans originated in branch and adheres to compliance regulations with federal, state, regulatory, and company policy and procedures.

February 22, 2023

Prepare and deliver regular, ongoing meetings with the Processing Department along with managing the timeline of a loan from application through funding to insure we are setting and meeting expectations.

March 23, 2023

Review loan applications and documentation to ensure accuracy, completeness and compliance with Company standards, federal and agency regulations, standards, and guidelines, as well as any applicable state-specific and or local regulations, ordinances, etc.

March 26, 2023

Develop and maintain automated tools that will ensure efficient monitoring of trends and scoring of risk to provide a consistent approach to each of the team's loan reviews and to identify areas of focus.

April 04, 2023

Demonstrate the standards and principles of the Five Star experience in every interaction with internal and external customers, associates, and stakeholders.

April 16, 2023

Manage day to day activities of the Loan Servicing department including, but not limited to, management of staff, loan setup, payment processing, CPI, escrow set up and maintenance, Investor reporting/remittance, DMV processing, payoffs and general loan maintenance.

May 19, 2023

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Loan Manager Salary By Experience Levels in Lansing, MI

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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 Manager Salary By Level of Education in Lansing, MI

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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 Manager in Lansing, MI

Average Base Salary

Core compensation

143320

193118

171470

Average Total Cash Compensation

Includes base and annual incentives

157861

239400

195365

What is the average salary for Loan Manager in 2025?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Manager in Lansing, MI. The base salary for Loan Manager ranges from $143,320 to $193,118 with the average base salary of $171,470. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $157,861 to $239,400 with the average total cash compensation of $195,365.

View Average Salary for Loan Manager as table

	Average Salary	Average Salary Range
Base Salary	$171,470	$143,320 - $193,118
Bonus	$23,895	$14,541 - $46,282
Total Pay	$195,365	$157,861 - $239,400

* 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 Manager Salary Near Lansing, MI

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Lansing, MI
CITY, STATE Battle Creek, MI	AVERAGE SALARY RANGE $146,726 - $197,706	COMPARE TO Lansing, MI
CITY, STATE Flint, MI	AVERAGE SALARY RANGE $138,011 - $185,964	COMPARE TO Lansing, MI
CITY, STATE Ann Arbor, MI	AVERAGE SALARY RANGE $152,781 - $205,866	COMPARE TO Lansing, MI
CITY, STATE Novi, MI	AVERAGE SALARY RANGE $152,071 - $204,908	COMPARE TO Lansing, MI
CITY, STATE Saginaw, MI	AVERAGE SALARY RANGE $138,760 - $186,973	COMPARE TO Lansing, MI
CITY, STATE Farmington, MI	AVERAGE SALARY RANGE $149,069 - $200,864	COMPARE TO Lansing, MI

See salaries for Loan Manager in locations close to Lansing, MI. 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.

About Lansing, Michigan

Lansing /ˈlænsɪŋ/ is the capital of the U.S. state of Michigan. It is mostly in Ingham County, although portions of the city extend west into Eaton County and north into Clinton County. The 2010 Census placed the city's population at 114,297, making it the fifth largest city in Michigan. The population of its Metropolitan Statistical Area (MSA) was 464,036, while the even larger Combined Statistical Area (CSA) population, which includes Shiawassee County, was 534,684. It was named the new state capital of Michigan in 1847, ten years after Michigan became a state. The Lansing metropolitan area,...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

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