Loans Manager Salary in Akron, OH

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How much does a Loans Manager make in Akron, OH?

As of March 01, 2025, the average annual salary for a Loans Manager in Akron, OH is $171,340. Salary.com reports that pay typically ranges from $143,211 to $192,973, with most professionals earning between $117,601 and $212,668.

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Salary range for a Loans Manager
$143,211 to $192,973
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What is a Loans Manager?

The Loans Manager is responsible for overseeing the loan department of a financial institution, including managing a team of loan officers and ensuring that loan applications are processed efficiently and accurately. They are also responsible for developing and implementing loan policies and procedures, as well as ensuring compliance with all relevant regulations and guidelines. The Loans Manager is also involved in evaluating loan applications, making lending decisions, and monitoring the performance of the loan portfolio. Additionally, they may be responsible for developing and maintaining relationships with clients and promoting loan products and services to potential customers. Overall, the Loans Manager plays a crucial role in the success of the loan department and the overall financial institution.

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Loans Manager Salary By Experience Levels in Akron, OH

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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.

Loans Manager Salary By Level of Education in Akron, OH

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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 Loans Manager in Akron, OH

Average Base Salary

Core compensation

 
 
 
143211
192973
171340

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
157738
239218
195215
What is the average salary for Loans Manager in 2025?
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loans Manager in Akron, OH. The base salary for Loans Manager ranges from $143,211 to $192,973 with the average base salary of $171,340. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $157,738 to $239,218 with the average total cash compensation of $195,215.

View Average Salary for Loans Manager as table

Average Salary Average Salary Range
Base Salary $171,340 $143,211 - $192,973
Bonus $23,875 $14,527 - $46,245
Total Pay $195,215 $157,738 - $239,218
* 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.

Loans Manager Salary Near Akron, OH

CITY, STATE AVERAGE SALARY RANGE COMPARE TO Akron, OH
CITY, STATE Cuyahoga Falls, OH AVERAGE SALARY RANGE $142,484 - $191,993 COMPARE TO Akron, OH
CITY, STATE Canton, OH AVERAGE SALARY RANGE $139,569 - $188,066 COMPARE TO Akron, OH
CITY, STATE Lakewood, OH AVERAGE SALARY RANGE $146,498 - $197,402 COMPARE TO Akron, OH
CITY, STATE Cleveland, OH AVERAGE SALARY RANGE $146,498 - $197,402 COMPARE TO Akron, OH
CITY, STATE Euclid, OH AVERAGE SALARY RANGE $146,379 - $197,242 COMPARE TO Akron, OH
CITY, STATE Elyria, OH AVERAGE SALARY RANGE $143,137 - $192,873 COMPARE TO Akron, OH
See salaries for Loans Manager in locations close to Akron, OH. 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.

View Salary for Similar Jobs to Loans Manager in Akron, OH

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JOB TITLE LOCATION MINIMUM SALARY MAXIMUM SALARY
JOB TITLE Underwriting Manager - Mortgage Loans LOCATION Akron, OH MINIMUM SALARY $86,600 MAXIMUM SALARY $121,900
JOB TITLE Processing Manager - Mortgage Loans LOCATION Akron, OH MINIMUM SALARY $84,300 MAXIMUM SALARY $113,700
JOB TITLE Officer, Entry - Mortgage Loans LOCATION Akron, OH MINIMUM SALARY $41,600 MAXIMUM SALARY $56,400
JOB TITLE Specialist I - Mortgage Loans LOCATION Akron, OH MINIMUM SALARY $41,590 MAXIMUM SALARY $56,390
JOB TITLE Officer, Experienced - Mortgage Loans LOCATION Akron, OH MINIMUM SALARY $56,300 MAXIMUM SALARY $76,400
JOB TITLE Specialist II - Mortgage Loans LOCATION Akron, OH MINIMUM SALARY $56,290 MAXIMUM SALARY $76,390
The Loans Manager 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 Akron, OH that might be a good fit for the type of job and salary you are looking for.

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143211
192973

 

About Akron, Ohio    Akron (/ˈækrən/) is the fifth-largest city in the U.S. state of Ohio and is the county seat of Summit County. It is located on the western edge of the....More

Akron, Ohio  area prices were up 1.6% from a year ago

Loans Manager Salary in popular cities: Columbus, Cleveland, Cincinnati

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