Loan Specialist Salary in Syracuse, New York

How much does a Loan Specialist make in Syracuse, NY?

As of April 01, 2025, the average annual salary for a Loan Specialist in Syracuse, NY is $59,576. According to Salary.com, salaries can range from a low of $44,435 to a high of $88,041, with most professionals earning between $51,651 and $74,476.

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Salary range for a Loan Specialist

$51,651 to $74,476

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Loan Specialist

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Job Openings for Loan Specialist in Syracuse, NY

What does a Loan Specialist do?

Common responsibilities of a Loan Specialist

Assist department by reporting any changes to internal controls or procedural changes as they occur to ensure policies and procedures are reflective of current processes and workflows.

November 25, 2022

Prepares memos with appropriate recommendations under Individual Delegated Authority (IDA) and to the appropriate approval authority for those transactions exceeding an IDA.

February 21, 2023

Requires High School diploma or equivalent and some 2+ year banking or loan processing, documentation or loan assistant experience or other directly related experience.

March 14, 2023

Completes a review of executed loan documentation packages to verify that all required documents have been received and signed accurately and authorizes the executed loan package to be boarded onto the Bank's loan system.

April 11, 2023

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Loan Specialist Salary By Experience Levels in Syracuse, 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 Specialist Salary By Level of Education in Syracuse, 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 Specialist in Syracuse, NY

Average Base Salary

Core compensation

51651

74476

59576

Average Total Cash Compensation

Includes base and annual incentives

54305

78067

62044

What is the average salary for Loan 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 Specialist in Syracuse, NY. The base salary for Loan Specialist ranges from $51,651 to $74,476 with the average base salary of $59,576. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $54,305 to $78,067 with the average total cash compensation of $62,044.

View Average Salary for Loan Specialist as table

	Average Salary	Average Salary Range
Base Salary	$59,576	$51,651 - $74,476
Bonus	$2,467	$2,654 - $3,591
Total Pay	$62,044	$54,305 - $78,067

* 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 Specialist Salary Near Syracuse, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Syracuse, NY
CITY, STATE Clay, NY	AVERAGE SALARY RANGE $51,651 - $74,476	COMPARE TO Syracuse, NY 0%
CITY, STATE Utica, NY	AVERAGE SALARY RANGE $50,869 - $73,348	COMPARE TO Syracuse, NY
CITY, STATE Binghamton, NY	AVERAGE SALARY RANGE $49,901 - $71,952	COMPARE TO Syracuse, NY
CITY, STATE Henrietta, NY	AVERAGE SALARY RANGE $50,786 - $73,229	COMPARE TO Syracuse, NY
CITY, STATE Rochester, NY	AVERAGE SALARY RANGE $50,786 - $73,229	COMPARE TO Syracuse, NY
CITY, STATE Schenectady, NY	AVERAGE SALARY RANGE $52,412 - $75,573	COMPARE TO Syracuse, NY

See salaries for Loan Specialist in locations close to Syracuse, 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.

About Syracuse, New York

Syracuse is located at 43°2′49″N 76°8′40″W / 43.04694°N 76.14444°W / 43.04694; -76.14444 (43.046899, -76.144423). It is located about 87 miles (140 km) east of Rochester, 131 miles (210 km) east of Buffalo,and 150 miles (240 km) west of the state capital Albany. It is also the halfway point between New York City and Toronto, about 245 miles (390 km) from each, Toronto to the northwest and NYC to the southeast. According to the United States Census Bureau, the city has a total area of 25.6 square miles (66 square kilometres), of which 25.1 square miles (65 square kilometres) is land and 0.6...

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

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The Loan 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 Syracuse, NY that might be a good fit for the type of job and salary you are looking for.

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