Loan Setup Specialist Salary in New York, NY

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How much does a Loan Setup Specialist make in New York, NY?

As of April 01, 2025, the average annual salary for a Loan Setup Specialist in New York, NY is $53,760. Salary.com reports that pay typically ranges from $48,756 to $60,790, with most professionals earning between $44,199 and $67,190.

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Salary range for a Loan Setup Specialist
$48,756 to $60,790
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What is a Loan Setup Specialist?

The Loan Setup Specialist is responsible for accurately setting up and processing loan applications. This includes reviewing and verifying loan documents, inputting loan information into the system, and ensuring all necessary paperwork is completed and filed correctly. The Loan Setup Specialist also communicates with borrowers and loan officers to gather any additional information needed and to provide updates on the status of the loan setup process. Additionally, they may be responsible for conducting quality control checks to ensure all loan setup procedures are in compliance with company policies and regulations. Strong attention to detail, organizational skills, and the ability to work efficiently in a fast-paced environment are essential for success in this role.

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Loan Setup Specialist Salary By Experience Levels in New York, NY

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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 Setup Specialist Salary By Level of Education in New York, NY

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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 Setup Specialist in New York, NY

Average Base Salary

Core compensation

 
 
 
48756
60790
53760

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
50410
63841
56023
What is the average salary for Loan Setup Specialist in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Setup Specialist in New York, NY. The base salary for Loan Setup Specialist ranges from $48,756 to $60,790 with the average base salary of $53,760. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $50,410 to $63,841 with the average total cash compensation of $56,023.

View Average Salary for Loan Setup Specialist as table

Average Salary Average Salary Range
Base Salary $53,760 $48,756 - $60,790
Bonus $2,263 $1,654 - $3,051
Total Pay $56,023 $50,410 - $63,841
* 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 Setup Specialist Salary Near New York, NY

CITY, STATE AVERAGE SALARY RANGE COMPARE TO New York, NY
CITY, STATE West New York, NJ AVERAGE SALARY RANGE $48,756 - $60,790 COMPARE TO New York, NY 0%
CITY, STATE Hoboken, NJ AVERAGE SALARY RANGE $48,756 - $60,790 COMPARE TO New York, NY 0%
CITY, STATE Union City, NJ AVERAGE SALARY RANGE $48,756 - $60,790 COMPARE TO New York, NY 0%
CITY, STATE Jersey City, NJ AVERAGE SALARY RANGE $48,756 - $60,790 COMPARE TO New York, NY 0%
CITY, STATE Bronx, NY AVERAGE SALARY RANGE $48,756 - $60,790 COMPARE TO New York, NY 0%
CITY, STATE Brooklyn, NY AVERAGE SALARY RANGE $48,756 - $60,790 COMPARE TO New York, NY 0%
See salaries for Loan Setup Specialist in locations close to New York, NY. 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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The Loan Setup 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 New York, NY that might be a good fit for the type of job and salary you are looking for.

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48756
60790

 

About New York, New York    The City of New York, usually called either New York City (NYC) or simply New York (NY), is the most populous city in the United States. With an estim....More

New York, New York  area prices were up 1.6% from a year ago

Loan Setup Specialist Salary in popular cities: Buffalo, Rochester, Yonkers

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