Mid-Level

Loan Coordinator

You coordinate loans through processing — managing the documentation flow, partnering with loan officers and underwriters, and being the operational thread that keeps loans moving from application toward closing.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
S
I
R
A
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Job markets for Loan Coordinators
Employment concentration · ~386 areas
Based on employment in related occupations
Mapped SOC categories:
BLS Occupational Employment Statistics
What it's like

What it's like to be a Loan Coordinator

Most days tend to involve a steady rhythm of file work, documentation collection, and partner coordination — gathering documentation from borrowers, partnering with loan officers and underwriters, and managing the file through processing and closing milestones. You'll often spend part of the time on the cyclical fabric of pipeline reporting and follow-through.

The harder part is often the volume of files combined with the time pressure of closing windows. You'll typically coordinate with borrowers, loan officers, underwriters, title companies, and closing teams as the operational thread connecting them.

People who tend to thrive here are detail-oriented, organized, and comfortable with structured pipeline work under deadline pressure. The trade-off is the cumulative pressure of carrying multiple files at once and the cyclical nature of lending operations. If you find satisfaction in being the steady coordinator that keeps loans moving, the role has a quiet usefulness that compounds.

RelationshipsHigh
IndependenceAbove avg
SupportAbove avg
AchievementModerate
RecognitionModerate
Working ConditionsModerate
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape — and where it can take you.

$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
1 BLS OEWS May 2024 covers all Loan Coordinators (SOC 13-2072.00), not just this title · BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Exploring the Loan Coordinator career path? Truest helps you figure out if it's the right fit — and plan your path forward.
Explore career tools
✦ Editorial — career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape — helpful for context, but your specific experience will depend on level, specialty, and where you work.

$38K–$146K
Salary Range
10th – 90th percentile
291K
U.S. Employment
+1.7%
10yr Growth
20K
Annual Openings

How this category is changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

SpeakingActive ListeningJudgment and Decision MakingReading ComprehensionCritical ThinkingWritingSocial PerceptivenessComplex Problem SolvingMathematicsTime Management
O*NET OnLine · Bureau of Labor Statistics
13-2072.00

Navigate your career with clarity

Truest gives you tools to understand your strengths, explore roles that fit, and plan your next move.

Explore Truest career tools
Federal data: BLS Occupational Employment & Wage Statistics (May 2024) · BLS Employment Projections · O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.