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Careers›Roles›Loan Secretary
Mid-Level

Loan Secretary

In a lending operation, you provide administrative support to loan officers — calendar management, customer communication, file organization, and the broader administrative work that lets loan officers focus on production.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
S
I
A
R
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Industries that often hire Loan Secretarys
Real EstateFinancial Services · 86%Professional Services · 4%Administrative Services · 2%Construction · 0%Retail · 0%
Job markets for Loan Secretarys
Where Loan Secretary jobs concentrate · ~338 metro areas
Based on employment in related occupations
Mapped SOC categories:
Admin & Office
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Loan Secretary

Your day-to-day tends to involve calendar coordination, document handling, and the steady administrative cadence of supporting loan officers — scheduling borrower meetings, organizing application packages, supporting customer follow-up calls, processing routine post-meeting paperwork. Loan officer support quality and administrative throughput shape the visible measures.

Where it gets demanding is the gatekeeper dimension — loan secretaries often manage loan-officer calendars and inbound borrower contact, and the relational diplomacy required is real. Variance across employers is wide: community banks run with traditional loan-secretary roles; larger lenders may have evolved the function into broader assistant or processor roles.

The work tends to fit folks who carry administrative discipline, calm phone presence, and the relational patience for borrower-facing work. Entry-level lending training and growing exposure to loan-origination software anchor advancement. The trade-off is modest pay typical of administrative roles in lending, balanced by clear paths into processor, closer, or licensed loan-officer roles for those who pursue advancement.

What people in this role value
RelationshipsModerate
SupportModerate
AchievementLower
RecognitionLower
Working ConditionsLower
IndependenceLower
O*NET Work Values survey
✦ Editorial — written by Truest from industry research and career patterns

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Career Paths

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

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Energy & Utilities$84K+67%
Professional Services$83K+64%
Technology & Information$79K+58%
Financial Services$77K+53%
Government$69K+37%
Compared to Admin & Office average across all industries
1 BLS OEWS May 2024 covers all Loan Secretarys (SOC 43-4131.00), 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.
Related rolesExplore Admin & Office →
Loan SecretaryLoan AnalystLoan OriginatorLoan InterviewerMortgage Loan CloserLoan SpecialistLoan AdviserLoan AuditorLoan OfficerLoan ApproverLoan ExaminerLoan ReviewerLoan CounselorLoan ConsultantLoan CoordinatorLoan UnderwriterLoan AdministratorLoan Service OfficerLoan Workout OfficerConsumer Loan OfficerMortgage Loan OfficerCommercial Loan OfficerConsumer Loan SpecialistFarm Loan RepresentativeMortgage Loan Originator+1 more

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✦ 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.

$36K–$66K
Salary Range
10th – 90th percentile
173K
U.S. Employment
-2.3%
10yr Growth
13K
Annual Openings

How Loan Secretary pay & employment are changing

$64K$61K$59K$56K$53K201920202021202220232024$53K$64K
BLS OEWS May 2024 · BLS Employment Projections 2024–2034

Skills & Requirements

Active ListeningSpeakingReading ComprehensionCritical ThinkingWritingComplex Problem SolvingSocial PerceptivenessJudgment and Decision MakingActive LearningTime Management
O*NET OnLine · Bureau of Labor Statistics
Mapped SOC Codes
43-4131.00

Explore related roles

Roles with similar work and overlapping career paths

midLoan Analyst$62KmidLoan Originator$62KmidLoan Interviewer$62KmidMortgage Loan Closer$62KmidLoan Specialist$73KmidLoan Adviser$74K
View all Admin & Office roles →

Common questions about what it's like to be a Loan Secretary

What does a Loan Secretary do?

In a lending operation, you provide administrative support to loan officers — calendar management, customer communication, file organization, and the broader administrative work that lets loan officers focus on production.

How much does a Loan Secretary make?

Median pay for a Loan Secretary is about $49K nationally, with the field ranging roughly from $36K to $66K depending on experience, employer, and metro (BLS).

What skills does a Loan Secretary need?

Core skills for this role include Active Listening, Speaking, Reading Comprehension, Critical Thinking, and Writing.

What education do you need to be a Loan Secretary?

Most people in this role hold a high school diploma.

Is a Loan Secretary in demand?

Employment in this field is projected to decline about 2.3% through 2034, with roughly 173,100 people working in it today (BLS).

What jobs are similar to a Loan Secretary?

Closely related roles include Loan Analyst, Loan Originator, and Loan Interviewer.

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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.

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