Loan Support Specialist Salary in Richmond, VA

How much does a Loan Support Specialist make in Richmond, VA?

As of April 01, 2025, the average annual salary for a Loan Support Specialist in Richmond, VA is $51,659. Salary.com reports that pay typically ranges from $46,292 to $57,381, with most professionals earning between $41,406 and $62,590.

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Salary range for a Loan Support Specialist

$46,292 to $57,381

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Loan Support Specialist

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Job Openings for Loan Support Specialist in Richmond, VA

What does a Loan Support Specialist do?

Common responsibilities of a Loan Support Specialist

Building Trust Interacting with others in a way that gives them confidence in one's intentions and those of the organization.

November 21, 2022

Development and testing of document preparation, decisioning, and core systems interfaces or middleware.

July 18, 2022

Participate with the Director of Loan Application Support, Director of Technology Project Management and IT Relationship Managers to incorporate loan application related roadmaps and initiatives into the priorities and initiatives of the department.

December 03, 2022

Interact both verbally and in writing with multiple internal and external partners to resolve member issues, improve processes and create a favorable lending experience.

January 20, 2023

Demonstrated excellent math, analytical, multi-tasking and problem solving skills.

March 02, 2023

Assist in the development of the Loan Application Support staff by providing cross-training to elevate the level of expertise of all team members in our effort to serve our internal customers.

March 10, 2023

Monitor past due participations purchased and communicate with the lead banks to collect funds.

April 10, 2023

Prepare and maintain activity spreadsheets in order to balance participation/syndications to the system.

April 18, 2023

Provide guidance and troubleshooting assistance to Loan Officers, Loan Processors, Underwriters, and others on the usage of loan origination systems and services.

April 25, 2023

Review, test, document, and communicate all enhancements and upgrades to the core, documentation, and decisioning systems.

May 15, 2023

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Loan Support Specialist Salary By Experience Levels in Richmond, VA

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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 Support Specialist Salary By Level of Education in Richmond, VA

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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 Support Specialist in Richmond, VA

Average Base Salary

Core compensation

46292

57381

51659

Average Total Cash Compensation

Includes base and annual incentives

47019

60197

52952

What is the average salary for Loan Support 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 Support Specialist in Richmond, VA. The base salary for Loan Support Specialist ranges from $46,292 to $57,381 with the average base salary of $51,659. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $47,019 to $60,197 with the average total cash compensation of $52,952.

View Average Salary for Loan Support Specialist as table

	Average Salary	Average Salary Range
Base Salary	$51,659	$46,292 - $57,381
Bonus	$1,293	$726 - $2,816
Total Pay	$52,952	$47,019 - $60,197

* 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 Support Specialist Salary Near Richmond, VA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Richmond, VA
CITY, STATE Petersburg, VA	AVERAGE SALARY RANGE $46,150 - $57,204	COMPARE TO Richmond, VA
CITY, STATE Virginia State University, VA	AVERAGE SALARY RANGE $46,150 - $57,204	COMPARE TO Richmond, VA
CITY, STATE Newport News, VA	AVERAGE SALARY RANGE $44,718 - $55,429	COMPARE TO Richmond, VA
CITY, STATE Hampton, VA	AVERAGE SALARY RANGE $44,718 - $55,429	COMPARE TO Richmond, VA
CITY, STATE Suffolk, VA	AVERAGE SALARY RANGE $44,547 - $55,217	COMPARE TO Richmond, VA
CITY, STATE Portsmouth, VA	AVERAGE SALARY RANGE $44,618 - $55,306	COMPARE TO Richmond, VA

See salaries for Loan Support Specialist in locations close to Richmond, VA. 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 Richmond, Virginia

Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical Area (MSA) and the Greater Richmond Region. Richmond was incorporated in 1742 and has been an independent city since 1871. As of the 2010 census, the city's population was 204,214; in 2016, the population was estimated to be 223,170, making Richmond the fourth-most populous city in Virginia. The Richmond Metropolitan Area has a population of 1,260,029, the third-most populous metro in the state. Richmond is located at the fall line of the James R...

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

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

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46292

57381

About Richmond, Virginia Richmond (/ˈrɪtʃmənd/) is the capital of the Commonwealth of Virginia in the United States. It is the center of the Richmond Metropolitan Statistical ....More

Richmond, Virginia area prices were up 1.2% from a year ago

Loan Support Specialist Salary in popular cities: Virginia Beach, Norfolk, Chesapeake

Recently searched related titles: Home Lending Specialist, Lending Support Specialist, Commercial Lending Assistant

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role

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