Loan Administrator in Norfolk, VA

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 customersAssisting the credit administration and loan administration staffGenerating documentation for loan processing and various reports for managementAssisting with other administrative tasks as needed

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Salary for Loan Administrator in Norfolk, VA
31588 - 44175
25th percentile
31588
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
36575
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
44175
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positions Position title 25th percentile 50th percentile 75th percentile Director of Operations – Financial Services 122550 150338 176463 Manager of Operations – Financial Services 83600 103788 123500 Client Service Representative 53200 77425 98800 Banking Operations Specialist 38713 57950 81700 Loan Processor 36575 43700 55100 Mortgage Underwriter 57950 71488 93575 Mortgage Processor 30638 38475 52013 Trader/Sales Assistant 49875 61275 71488 Performance Analyst 55100 67688 82888
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