Spectrum Lending Group LLC Salary

Spectrum Lending Group LLC Salary

How much does the Spectrum Lending Group LLC Pay for employees?

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As of August 2026, the average annual salary for employees at Spectrum Lending Group LLC in the United States is $87,780. This translates to an approximate hourly wage of $42. Salaries at Spectrum Lending Group LLC typically range from $77,001 to $99,478 annually, reflecting the diverse roles and experience levels within the company. Spectrum Lending Group LLC’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Spectrum Lending Group LLC

Ready for your next career move? Explore current job openings at Spectrum Lending Group LLC. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Spectrum Lending Group LLC’s Pay Competitive? Salary Benchmarking Analysis

How does Spectrum Lending Group LLC’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Spectrum Lending Group LLC
Financial Services
Foxtrot Mortgage LLC
Kropog Financial Group LLC
Industry Comparison
Our data shows that, on average, compensation at Spectrum Lending Group LLC is below the average for the U.S. Financial Services industry by approximately 28%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Spectrum Lending Group LLC average annual salary with several similar companies. Spectrum Lending Group LLC average salary of $87,780 is lower than Foxtrot Mortgage LLC, which has an average salary of $96,018. It is higher than Kropog Financial Group LLC, with their average salary at $86,367. This places Spectrum Lending Group LLC in a mid-range position among its peers.
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How Spectrum Lending Group LLC's Salaries Compare to Similar Companies?

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Spectrum Lending Group LLC. Click a company name to learn more.

Employee Reviews: Working at Spectrum Lending Group LLC

Considering a career at Spectrum Lending Group LLC? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Training is basic but helpful. With employees across multiple divisions, there are endless opportunities to learn and advance. Wellness programs address holistic health. Leadership is professional but cautious, preferring to maintain the status quo.
Commented in May 08, 2025
23
1
Mentorship programs help underrepresented groups advance in their careers. Everyone has clearly defined roles and boundaries. Working here has expanded my technical skills significantly, and I appreciate how innovation is embraced at every level. My time here has been filled with growth, learning, and valuable connections. The company size means your voice is heard.
Commented in October 26, 2024
50
1
I feel fortunate to be part of the journey. Work-life balance is respected, with flexible scheduling options. Teams work collaboratively to meet goals. Compensation is standard, with modest perks. Communication is consistent, though mostly top-down.
Commented in July 14, 2024
33
3

Spectrum Lending Group LLC Overview

Website
www.spectrumlg.com
Founded In
2004
Employees
<25 employees
Industry
Financial Services
Headquarter Address
7039 Highway 190 East Service Rd Covington Louisiana LA 70433
Revenue
<$5 Million
Phone Number
+1 9858717181
Social Media
About Spectrum Lending Group LLC
We are a full service mortgage firm with an experienced staff offering expertise in every area of mortgage lending ... from purchase to refinance to construction lending. We have access to a full range of mortgage resources and all of our lending specialists are dedicated to finding the right loan - with the best rates, terms and costs - to meet our clients' unique needs. But that's just the begin

What Benefits Does Spectrum Lending Group LLC Offer Beyond Salary?

A competitive compensation package is more than just a salary. Spectrum Lending Group LLC offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near New Orleans?

Understanding the cost of living near New Orleans is key to truly evaluating a salary offer or your current compensation at Spectrum Lending Group LLC.
New Orleans' Cost of Living Index is approximately 96.4 (3.6% less expensive than US average; 3.7% more than LA average). Unique culture, tourism, housing varies greatly by neighborhood, can be high in desirable areas. RTA streetcar/bus. When planning your budget based on a salary from Spectrum Lending Group LLC, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,900+ A significant portion of Spectrum Lending Group LLC salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $55 (RTA Jazzy Pass 31-day) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $420 - $620 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,605 - $4,225+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Spectrum Lending Group LLC

1. How much does a Spectrum Lending Group LLC employee make?

Spectrum Lending Group LLC pays its employees an average of $87,780 per year. The average salary at Spectrum Lending Group LLC range from $77,001 to $99,478 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Spectrum Lending Group LLC?

The salary at Spectrum Lending Group LLC is lesser than the similar company. The average annual salary at Spectrum Lending Group LLC is $87,780, or an hourly wage of $42, in comparison to Foxtrot Mortgage LLC which pays $96,018 per year or $46 per hour.

3. Do employees with advanced degrees (Master's, PhD) earn more at Spectrum Lending Group LLC?

In many roles at Spectrum Lending Group LLC, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

4. How does the cost of living near New Orleans affect the perceived value of a Spectrum Lending Group LLC salary?

New Orleans' Cost of Living Index is approximately 96.4 (3.6% less expensive than US average; 3.7% more than LA average). This significantly impacts the purchasing power of a salary from Spectrum Lending Group LLC based there. Our "Cost of Living Insights for New Orleans" module details this impact, helping you assess the 'real feel' value of your compensation.

5. What kind of benefits does Spectrum Lending Group LLC typically offer employees?

Spectrum Lending Group LLC generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Spectrum Lending Group LLC" section on this page.

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