Loan Processor Salary

Updated: 21 May 2012

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National Salary Data

	National Salary Data (? XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey. )	C$0	C$21K	C$42K	C$63K
Salary	C$39,494 - C$48,000
Bonus	C$1,293 - C$4,806
Profit Sharing	n/a	Not enough data
Total Pay (? XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare). )	C$24,161 - C$61,158
Country: Canada \| Currency: CAD \| Updated: 21 May 2012 \| Individuals Reporting: 10

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Companies and Industries for Loan Processor Salaries

Popular Industries

Salary Range


Banking	C$29,803 - C$53,687
Mortgage Lending / Loans / Credit Products	C$28,682 - C$53,325

Popular Employers

Salary Range

There is not enough data available to display this chart.

Key Statistics for Loan Processor Salaries and Jobs

Gender

	Female 75%			Male 25%
Salary:	Not enough data			Not enough data

Years of Experience

1-4 years

40%

5-9 years

40%

10-19 years

10%

20 years or more

10%

Top Degrees

Salary Range

There is not enough data available to display this chart. Research degrees.

Most Common Health Benefits

	Medical: 90%		Dental: 70%
	Vision: 50%		None: 10%

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Salary Map for Loan Processor Jobs

Top Cities by Popularity for Loan Processor Jobs

Top Cities by Popularity

1. Toronto, Ontario

Loan Processor Job Description

People with the job title Loan Processor typically fall into one of the following PayScale standard occupations.

Loan Interviewers and Clerks

Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.