Loan Administrator in Indianapolis, IN

Loan Administrator Job Description

For this role, firms look for candidates with three years of experience and a high school diploma or equivalent. Strong customer service skills, in-depth knowledge of Microsoft Excel and Word, and familiarity with financial statements and compliance documents are preferred. Candidates should also be organized and comfortable working in a fast-paced environment.

Typical loan administrator duties:

Interacting with customers

Assisting the credit administration and loan administration staff

Generating documentation for loan processing and various reports for management

Assisting with other administrative tasks as needed

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Microsoft Excel

Spreadsheets

Data Processing

LaserPro

Microsoft Word

Loan Administration

Loan Origination

Mortgage Banking

Customer Service

Review

Salary for Loan Administrator in Indianapolis, IN

31525 - 43893

25th percentile

31525

New to the role, with little or no experience; requires more than casual instruction or supervision to perform day-to-day duties

50th percentile

36375

Has the experience to consistently perform core responsibilities without direct supervision; very comfortable with processes and subject matter associated with the role

75th percentile

43893

Value to the organization goes far beyond the ability to perform normal job duties; has rare qualifications that enable consistent contribution in unique ways; ready for next career level when available

Projected salaries for related positions

Position title

25th percentile

50th percentile

75th percentile

Director of Operations – Financial Services

122220

149865

176055

Manager of Operations – Financial Services

85360

105973

126100

Banking Operations Specialist, 5+ Years' Experience

58685

71538

83420

Banking Operations Specialist, 3-5 Years' Experience

47288

57473

68385

Banking Operations Specialist, 1-3 Years' Experience

39043

48743

56745

Loan Processor

36133

43165

54563

Mortgage Underwriter

57958

71538

93605

Mortgage Processor

30798

38558

52138

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