Junior Loan Processor Salary

A Junior Loan Processor earns an average wage of $15.01 per hour. Most people with this job move on to other positions after 20 years in this field.

$24,148 - $44,042
$24K
$32K
$44K
MEDIAN: $32,232
10%
50%
90%

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$11.88 - $18.39
$12
$15
$18
MEDIAN: $15.01
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15K$30K$45K
Salary
$24,148 - $44,042  
   
Bonus
$6,000  
Commission
$3,537  
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).
)
$24,506 - $41,878  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 20
© PayScale, Inc. @ www.payscale.com
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$9$18$27
Hourly Rate
$11.88 - $18.39  
   
Overtime
$24.58  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$18K$36K$54K
Bonus
$6,000  
   
Commission
$3,537  
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).
)
$24,506 - $41,878  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 41
© PayScale, Inc. @ www.payscale.com

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Junior Loan Processor

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

Assistant Loan Processor Job Listings

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Related Job Salaries

Key Stats for Junior Loan Processor

Gender

Female
71 %
Male
29 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.
Less than 1 year
18%
1-4 years
62%
5-9 years
7%
10-19 years
10%
20 years or more
3%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Junior Loan Processor Salaries

Experienced
▲25%

National Average
$33,000

Entry-Level
▼3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 8 votes.

Gender

Female
71 %
Male
29 %

Years of Experience

Less than 1 year
18%
1-4 years
62%
5-9 years
7%
10-19 years
10%
20 years or more
3%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 60%
vision benefits
Vision: 47%
dental benefits
None: 29%
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