PublicPay

Loan Specialist federal salary series 1165

Full-time federal employees in the Loan Specialist series earned a median of $92,491 in annualized adjusted basic pay in September 2026, 16% below the all-federal median of $109,641. The middle half earned between $78,117 and $108,603.

Median pay
$92,491
full-time, September 2026
Middle 50%
$78,117–$108,603
25th–75th percentile
Employees
3,975
in this series, all schedules
Change in median
+7.2%
vs. September 2025
Pay distribution, full-time employees with published pay, September 2026
Loan Specialist
All federal (full-time)

What shapes loan specialist pay

The most common grade with published pay is GS-12 (1,313 employees, median $104,349). The largest employer of this series with published pay is the Department of Agriculture (2,368 employees). Among states with at least 30 full-time employees with published pay, the median is highest in District of Columbia ($163,104) and lowest in Florida ($79,658), a gap that partly reflects locality pay differences. Federal pay depends mostly on grade and step, plus a locality adjustment for where the job is located; see the GS pay scale explainer.

Loan Specialist pay by grade

Grades with at least 30 full-time employees with published pay. GS grades are listed first; other pay plans follow.

Loan Specialist pay by grade
Pay plan–grade Employees Median pay Middle 50%
GS-7 60 $53,824 $50,460–$57,188
GS-9 721 $68,870 $65,838–$72,621
GS-11 1,297 $84,130 $79,658–$89,504
GS-12 1,313 $104,349 $98,459–$111,510
GS-13 386 $127,725 $120,629–$135,302
GS-14 80 $164,318 $154,912–$173,042
GS-15 35 $197,200 $186,207–$197,200

middle 50% (25th–75th percentile) 10th–90th percentile median all-federal median ($109,641)

Loan Specialist pay by agency

Loan Specialist pay by agency
Agency Employees Median pay Middle 50%
Department of Agriculture 2,368 $95,475 $79,658–$107,411
Small Business Administration 1,111 $83,892 $74,016–$100,083
Department of Veterans Affairs 315 $97,087 $86,871–$111,966
Export-Import Bank of the United States 75 $166,371 $148,173–$187,093

middle 50% (25th–75th percentile) 10th–90th percentile median all-federal median ($109,641)

Loan Specialist pay by state

The 10 states with the most employees in this series and published pay.

Loan Specialist pay by state
State Employees Median pay Middle 50%
Texas 556 $89,306 $79,658–$106,834
California 233 $96,470 $85,540–$119,356
Florida 175 $79,658 $70,118–$97,087
Georgia 162 $86,871 $78,972–$101,443
Virginia 125 $92,107 $78,672–$116,216
Minnesota 113 $94,988 $84,130–$110,594
District of Columbia 111 $163,104 $144,114–$186,207
Illinois 109 $92,491 $77,168–$106,155
North Carolina 108 $89,070 $77,168–$109,048
Ohio 104 $93,400 $83,047–$109,039

middle 50% (25th–75th percentile) 10th–90th percentile median all-federal median ($109,641)

Compare loan specialist pay across all states and agencies →

Change since September 2025

The median moved +7.2% from $86,259 in September 2025 to $92,491 in September 2026. Headcount went from 5,723 to 3,975 (−30.5%). A change in the median reflects both pay adjustments and who joined or left the workforce, so it is not the same as a pay raise.

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