$83,118 / year
Salary Range: $72,914 - $94,198
Omaha, NE
$101,103 / year
Salary Range: $88,685 - $114,562
Newark, NJ
$80,850 / year
Salary Range: $70,917 - $91,625
Melbourne, FL
$86,588 / year
Salary Range: $75,947 - $98,124
Atlanta, GA
$85,439 / year
Salary Range: $74,939 - $96,807
Cornelius, NC
$85,333 / year
Salary Range: $74,848 - $96,698
Concord, NC
$80,523 / year
Salary Range: $70,633 - $91,247
Asheville, NC
$93,919 / year
Salary Range: $82,380 - $106,428
Eden Prairie, MN
$93,740 / year
Salary Range: $82,224 - $106,221
West Chicago, IL
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| Expense Category | Estimated Monthly Cost | Key Considerations / Notes |
|---|---|---|
| Housing (1-BR Apt Rent) | $1,300 - $1,900+ | A significant portion of Loan Operations salary. Location choices impact this heavily. |
| Utilities (Basic) | $140 - $230 | Electricity, Heating, Cooling, Water etc. |
| Public Transportation | $88 (CATS monthly pass) | Essential for most commuters; car ownership is costly. |
| Groceries (Single Person) | $400 - $590 | Can be higher with more dining out or specialty stores. |
| Personal & Leisure | $400 - $730+ | Dining out, entertainment, shopping. Highly variable. |
| Healthcare (Individual) | $370 - $690+ | Varies significantly by plan & employer contribution. |
| Subtotal (Excluding Taxes) | $2,698 - $4,148+ | This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay. |
The average annual total compensation for employees at Loan Operations is approximately $83,224. However, this is an aggregate figure, actual salaries can range significantly, typically from $73,006 to $94,308, depending on factors like job role, experience, and location.
The average annual salary at Loan Operations is $83,224, or an hourly wage of $40, in comparison to Mhl Investments LLC which pays $83,118 per year or $40 per hour.
The lowest-paying job at Loan Operations is a Credit Assistant with a salary of $31,976 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.
Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Loan Operations for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.
While some companies offer formal COLA, many, including potentially Loan Operations, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.
Most companies, likely including Loan Operations, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.
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