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.
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.
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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 |
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 |
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 |
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: Chicago, Aurora, Rockford
Recently searched related titles: Commercial Loan Documentation, Commercial Banking Assistant, Commercial Lines Processor
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role
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