Fairstone
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3.8 out of 5 stars.
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Loan Specialist yearly salaries in Canada at Fairstone

Job Title
Location
Average salary
$41,015 per year
15%
Below national average

Salary estimated from 7 employees, users, and past and present job advertisements on Indeed in the past 12 months. Last updated: December 31, 2021

Compare all Loan Specialist salaries in Canada

Common benefits at Fairstone

Benefits information is taken from job posted on Indeed.

Financial perks

  • Referral program
  • Bonus pay

Insurance

  • Health insurance
  • Dental insurance

More

  • Paid time off
  • Tuition reimbursement
Learn more about benefits

Reviews about Pay & benefits for Loan Specialist at Fairstone

Great people

Just wish the bonuses were as competitive as before the pandemic. But it will get there as the growth continues. Great compensation for managers and above but rarely hire positions higher than a lending specialist 2.

Pros

Hour long lunch, family oriented, positive atmosphere

Cons

Training programs lacking.
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Management will dictate your work experience

Fairstone provides a work culture that is highly based on your direct manager and their relationship with upper management. This position is more sales than I was initially led to believe with tough targets and many mitigating factors that are generally out of your control. Daily tasks are numerous and as with many other positions the better you are at your job the more they pile on your plate often without recognition or thanks. The job is stressful, but it is full time with benefits and standard office hours.

Pros

Full time, benefits

Cons

Stressful work environment, lack lusture management
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Great Career Starter

Fairstone was the only financial institution that gave me an opportunity when I just came to Canada 3 yrs ago. You get thrown in the deep end pretty quickly you either learn to swim or sink. I learned to swim and swam pretty well. My manager was exceptional, she is tough but fair. If you make a mistake, she doesn't make you feel stupid, she let you know that everything can be fixed not to worry. She got my back and always fights for her staff. Within 6 months of her coaching I was consistently meeting my targets winning trips and awards. The work load is a lot for the pay you receive but your job is secure and the benefits are great. While other banks cut hrs and closed branches in COVID Fairstone stayed open. Despite the constant abuse from the customers Fairstone is a great place to start your career - it teaches sales skills, patience, tolerance and builds thick skin.

Pros

Great benefits, great management, amazing team

Cons

Disrespectful customers
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See all Fairstone Loan Specialist reviews about Pay & benefits

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How much does a Loan Specialist make at Fairstone in Canada?

Average Fairstone Loan Specialist yearly pay in Canada is approximately $41,015, which is 15% below the national average.

Salary information comes from 18 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months.

Please note that all salary figures are approximations based upon third party submissions to Indeed. These figures are given to the Indeed users for the purpose of generalized comparison only. Minimum wage may differ by jurisdiction and you should consult the employer for actual salary figures.

  • Fairstone
  • Salaries
  • Loan Specialist