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Junior Loan Processor Salary

A Junior Loan Processor earns an average wage of $14.51 per hour.
$23,107 - $41,459
(Median)
$23K
$30K
$41K
MEDIAN: $30,011
10%
50%
90%

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$10.22 - $17.55
(Median)
$10
$15
$18
MEDIAN: $14.00
10%
50%
90%

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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.
)
$0$14K$28K$42K
Salary
$23,107 - $41,459  
   
Bonus
$0.00 - $4,767  
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).
)
$22,349 - $38,404  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 25
National Hourly Rate 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.
)
$0$8$16$24
Hourly Rate
$10.22 - $17.55  
   
Overtime
$0.00 - $23.67  
National Annualized 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.
)
$0$16K$32K$48K
Bonus
$0.00 - $4,767  
   
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).
)
$22,349 - $38,404  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 41
United States (change)

Job Description for Junior Loan Processor

  • Prepare and assemble all required documents for loan approval process, obtaining additional information as necessary.
  • Calculate principal and interest payments due from the customer.
  • Examine loan documents for completeness and accuracy.

Assistant Loan Processor Job Listings

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Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
17%
1-4 years
59%
5-9 years
14%
10-19 years
8%
20 years or more
3%

Common Health Benefits

medical benefits Medical: 57% dental benefits Dental: 43%
vision benefits Vision: 32% employee benefits None: 41%