▲10%
$15.87
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$11.80
MEDIAN
$15.87
90%
$23.29
The average hourly pay for a Loan Operations Specialist is $15.87 in 2025
Hourly Rate
$12 - $23
Bonus
$1k - $7k
Total Pay
$26k - $51k
Is Average Entry-Level Loan Operations Specialist Hourly Pay your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Loan Operations Specialists?
What Do Loan Operations Specialists Do?
Loan Operations Specialist Tasks
- Process loan documentation, identifying and seeking missing paperwork or information.
- Perform payments and adjust balances.
- Update and capture interactions and communications in software systems.
- Communicate with lawyers, borrowers, agencies and other groups to facilitate loans or collections.
Find your market worth – how it works:
Common Health Benefits for a Loan Operations Specialist
Medical
81%
Dental
69%
Vision
62%
None
19%
Gender Breakdown for Loan Operations Specialists
Female
73.9%
Male
26.1%
This data is based on 23 survey responses. Learn more about the gender pay gap.
FAQs About Loan Operations Specialists
What is the highest pay for Loan Operations Specialists?
Our data indicates that the highest pay for a Loan Operations Specialist is $23.29 / hour
What is the lowest pay for Loan Operations Specialists?
Our data indicates that the lowest pay for a Loan Operations Specialist is $11.80 / hour
How can Loan Operations Specialists increase their salary?
Increasing your pay as a Loan Operations Specialist is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Loan Operations Specialist that oversees more junior Loan Operations Specialists, this experience can increase the likelihood to earn more.