How much does a LOAN OPERATIONS SPECIALIST make in Elkhart, IL? The average LOAN OPERATIONS SPECIALIST salary in Elkhart, IL is $51,135 as of August 27, 2024, but the salary range typically falls between $44,688 and $59,985. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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What is a LOAN OPERATIONS SPECIALIST?

A LOAN OPERATIONS SPECIALIST is responsible for managing the administrative and operational tasks related to loan processing and servicing. This includes reviewing loan applications, verifying documentation, and ensuring compliance with regulations and internal policies. They also handle loan disbursements, payments, and account maintenance, as well as resolving any issues or discrepancies that may arise. Additionally, they may assist with customer inquiries and provide support to loan officers and other team members. Strong attention to detail, organizational skills, and knowledge of loan processing procedures and regulations are essential for this role.

See user submitted job responsibilities for LOAN OPERATIONS SPECIALIST.

Job Openings for LOAN OPERATIONS SPECIALIST in Elkhart, IL
United States Army - Lorain , OH
... equipment operations, patient transportation, and maintaining medical records. Advanced ... Student loan repayment. * Flexible retirement and pension plans Pay and Promotion: * Entry pay and ...
Jobs2Careers - 32 days ago
BACH HAS STUDENT LOAN REPAYMENT PROGRAMS AVAILABLE. AVAILABLE BENEFITS ARE DEPENDENT UPON FULL-TIME ... specialist services, labs and tests as necessary. Maintains legible, accurate and confidential ...
DocCafe.com - 14 days ago
We have the finest team of Maternal-Fetal Medicine specialist that provide specialized care to our ... Student loan assistance up to $10,000 - Paid parental leave - Inova Scholarship for dependent ...
Vivian Health - 4 days ago
GAMA-1 Technologies - Seattle , WA
Provide complete Tier 2 and 3 operational IT support to all PMEL users. * Assist with desktop and ... Maintain pools of laptops for short-term loan and manage a disk image network repository for ...
ZipRecruiter - 30 days ago
Sharp Rees-Stealy Medical Group - San Diego , CA
Integrated EMR system allows for seamless communication among group PCP's & specialists * Group has ... Public Service Loan Forgiveness eligible About the Group: Sharp Rees-Stealy Medical Group is one of ...
PracticeLink - Today
Intermountain Health - Salt Lake City , UT
... UroGyn specialists on campus available for consult and referrals. * Weekly schedule typically ... Up to $75K in student loan assistance * Stipend eligible for those still in training * A 501c3 ...
PracticeLink - 30 days ago
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How much should you be earning in LOAN OPERATIONS SPECIALIST in Elkhart, IL based on your current experience?
Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for LOAN OPERATIONS SPECIALIST in Elkhart, IL

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.
Do you know how much should you be paid for a LOAN OPERATIONS SPECIALIST position in Elkhart, IL based on your education level?
Tell us about your education and see an estimate of earnings for LOAN OPERATIONS SPECIALIST in Elkhart, IL and well to know the impact of education on future careers.

LEVEL OF EDUCATION

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Average Base Salary

Core compensation

 
 
 
44688
59985
51135

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
46242
62645
53276
What is the average salary for LOAN OPERATIONS SPECIALIST in 2024?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of LOAN OPERATIONS SPECIALIST in Elkhart, IL. The base salary for LOAN OPERATIONS SPECIALIST ranges from $44,688 to $59,985 with the average base salary of $51,135. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,242 to $62,645 with the average total cash compensation of $53,276.
Average Salary Average Salary Range
Base Salary $51,135 $44,688 - $59,985
Bonus $2,142 $1,554 - $2,660
Total Pay $53,276 $46,242 - $62,645
* 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.
CITY, STATE AVERAGE SALARY RANGE COMPARE TO Elkhart, IL
CITY, STATE Springfield, IL AVERAGE SALARY RANGE $43,732 - $58,701 COMPARE TO Elkhart, IL
CITY, STATE Normal, IL AVERAGE SALARY RANGE $44,270 - $59,424 COMPARE TO Elkhart, IL
CITY, STATE Bloomington, IL AVERAGE SALARY RANGE $44,148 - $59,259 COMPARE TO Elkhart, IL
CITY, STATE Peoria, IL AVERAGE SALARY RANGE $44,637 - $59,917 COMPARE TO Elkhart, IL
CITY, STATE Champaign, IL AVERAGE SALARY RANGE $43,829 - $58,832 COMPARE TO Elkhart, IL
CITY, STATE Florissant, MO AVERAGE SALARY RANGE $45,428 - $60,977 COMPARE TO Elkhart, IL
See salaries for LOAN OPERATIONS SPECIALIST in locations close to Elkhart, IL. 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.
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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Loan Operations Specialist I LOCATION Elkhart, IL MINIMUM SALARY $49,861 MAXIMUM SALARY $64,648
JOB TITLE Manager, Loan Operations LOCATION Elkhart, IL MINIMUM SALARY $138,845 MAXIMUM SALARY $206,463
JOB TITLE Loan Operations Analyst LOCATION Elkhart, IL MINIMUM SALARY $50,640 MAXIMUM SALARY $63,490
JOB TITLE Loan Operations Officer LOCATION Elkhart, IL MINIMUM SALARY $75,630 MAXIMUM SALARY $107,445
JOB TITLE Loan Operations Assistant LOCATION Elkhart, IL MINIMUM SALARY $41,001 MAXIMUM SALARY $51,156
JOB TITLE Loan Operations Representative LOCATION Elkhart, IL MINIMUM SALARY $42,319 MAXIMUM SALARY $52,102
The LOAN OPERATIONS SPECIALIST 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 Elkhart, IL that might be a good fit for the type of job and salary you are looking for.

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For a real-time salary target, tell us more about your role in the four categories below.

44688
59985

 

About Elkhart, Illinois    Elkhart is a village in Logan County, Illinois, United States. The population was 443 at the 2000 census. Elkhart is located at 40°1′14″N 89°29′1″W /....More

Elkhart, Illinois  area prices were up 1.3% from a year ago

LOAN OPERATIONS SPECIALIST Salary in popular cities: ChicagoAuroraRockford

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