Loan Manager Salary in Tacoma, Washington

How much does a Loan Manager make?

As of December 01, 2024, the average annual pay of Loan Manager in Tacoma, WA is $189,524. While Salary.com is seeing that Loan Manager salary in Tacoma, WA can go up to $235,233 or down to $130,091, but most earn between $158,415 and $213,450. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Manager in the United States.

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Salary range for a Loan Manager

$158,415 to $213,450

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Loan Manager

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Job Openings for Loan Manager in Tacoma, WA

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 Tacoma, WA

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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 Tacoma, WA

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LEVEL OF EDUCATION

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Average Salary Range for Loan Manager in Tacoma, WA

Average Base Salary

Core compensation

158415

213450

189524

Average Total Cash Compensation

Includes base and annual incentives

174488

264604

215937

What is the average salary for Loan Manager in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Manager in Tacoma, WA. The base salary for Loan Manager ranges from $158,415 to $213,450 with the average base salary of $189,524. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $174,488 to $264,604 with the average total cash compensation of $215,937.

View Average Salary for Loan Manager as table

	Average Salary	Average Salary Range
Base Salary	$189,524	$158,415 - $213,450
Bonus	$26,413	$16,073 - $51,154
Total Pay	$215,937	$174,488 - $264,604

* 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 Tacoma, WA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Tacoma, WA
CITY, STATE Lakewood, WA	AVERAGE SALARY RANGE $158,477 - $213,533	COMPARE TO Tacoma, WA
CITY, STATE Auburn, WA	AVERAGE SALARY RANGE $158,477 - $213,533	COMPARE TO Tacoma, WA
CITY, STATE Federal Way, WA	AVERAGE SALARY RANGE $158,477 - $213,533	COMPARE TO Tacoma, WA
CITY, STATE Lacey, WA	AVERAGE SALARY RANGE $153,320 - $206,586	COMPARE TO Tacoma, WA
CITY, STATE Renton, WA	AVERAGE SALARY RANGE $162,442 - $218,876	COMPARE TO Tacoma, WA
CITY, STATE Kent, WA	AVERAGE SALARY RANGE $158,161 - $213,108	COMPARE TO Tacoma, WA

See salaries for Loan Manager in locations close to Tacoma, WA. 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 Tacoma, Washington

Tacoma (/təˈkoʊmə/ tə-KOH-mə) is a mid-sized urban port city and the county seat of Pierce County, Washington, United States. The city is on Washington's Puget Sound, 32 miles (51 km) southwest of Seattle (of which it is the largest satellite city), 31 miles (50 km) northeast of the state capital, Olympia, and 58 miles (93 km) northwest of Mount Rainier National Park. The population was 198,397, according to the 2010 census. Tacoma is the second-largest city in the Puget Sound area and the third largest in the state. Tacoma also serves as the center of business activity for the South Sound re...

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

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