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As of August 01, 2026, the average salary for a Loan Specialist in Louisiana is $54,618 per year, which breaks down to an hourly rate of $26.
However, a Loan Specialist's salary can vary significantly. Here’s a look at the typical salary range:
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Loan Specialist Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $63,558 | $5,296 | $1,222 | $31 |
| Average | $54,618 | $4,552 | $1,050 | $26 |
| 25th Percentile | $48,903 | $4,075 | $940 | $24 |
Coast Guard Employees Credit Union - New Orleans, LA
OneMain Holdings - Denham Springs, LA
OneMain Holdings - Ruston, LA
OneMain Holdings - Alexandria, LA
A Loan Specialist's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Loan Specialist's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Loan Specialist | $53,546 |
| Intermediate Level Loan Specialist | $54,224 |
| Senior Level Loan Specialist | $56,196 |
| Specialist Level Loan Specialist | $56,590 |
| Expert Level Loan Specialist | $56,853 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Specialists. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Loan Specialist roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 20% above the average. Conversely, Loan Specialist positions in Business Services typically offer lower base pay, as this sector often view Loan Specialist as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $65,542 | $32.0 | 20% |
Understanding how a Loan Specialist's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $63,558 | $5,296 | $1,222 | $31 |
| Average | $54,618 | $4,552 | $1,050 | $26 |
| 25th Percentile | $48,903 | $4,075 | $940 | $24 |
Ready to take the next step in your career? Browse thousands of current Loan Specialist job openings on our job board. Use the search bar below to find your perfect match.
Fidelity Bank
Baton Rouge, LA
Fidelity Bank | Baton Rouge, LA
Job Description. Job Description. Our goal at Fidelity is to create a better future by acting with accountability and integrity alongside our customers and... more
5 Days Ago
Republic Finance
West Monroe, LA
Republic Finance | West Monroe, LA
Consumer Loan Specialist. Are you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back to ... more
3 Days Ago
Republic Finance
New Iberia, LA
Republic Finance | New Iberia, LA
Sr. Consumer Loan Specialist. Are you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back... more
4 Days Ago
Republic Finance
West Monroe, LA
Republic Finance | West Monroe, LA
Sr. Consumer Loan Specialist. Are you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back... more
5 Days Ago
Republic Finance
Slidell, LA
Republic Finance | Slidell, LA
Sr. Consumer Loan Specialist. Are you looking for a long-term opportunity with a growing financial services company that rewards performance and gives back... more
5 Days Ago
Reliance Savings Bank
ALTOONA, PA
Reliance Savings Bank | ALTOONA, PA
Description: Build Your Banking Career with Reliance Bank Reliance Bank is looking for a customer-focused and detail-oriented Retail Loan Processor/Underwr... more
1 Day Ago
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