Loan Processing Manager Salary (United States)

Loan Processing Managers in the United States usually make around $54,527 annually. Compensation generally starts at $25,491 and does not exceed $83,048 per year. Although most have medical coverage and more than half have dental coverage, 26 percent claim no health benefits at all. Men are solidly outnumbered in the field, with women representing 72 percent of workers. For the most part, Loan Processing Managers enjoy their work and report high levels of job satisfaction. The numbers for this synopsis were furnished by individuals who completed PayScale's salary questionnaire.
Loan Processing Manager Salary (?
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.
)
$35,479 - $77,371
(Median)
35K
45K
56K
66K
77K
MEDIAN: $56,152
10%
25%
50%
75%
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$28K$56K$84K
Salary
$35,479 - $77,371  
   
Bonus
$484.79 - $14,298  
Profit Sharing
$1,474 - $3,052  
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).
)
$25,491 - $83,048  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 31
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United States (change)
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Job Description for Loan Processing Manager

  • Oversee budget and track metrics for profitability and repayment of different types of loans.
  • Train and oversee a team, providing assistance, training and clarification.
  • Determine loan processing, approval, and closure processes and guidelines.
  • Report on budget, technology, accounts, staff, and regulatory compliance.

Loan Processing Manager Job Listings

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Experience Affects Loan Processing Manager Salaries

Experienced
up arrow 29%
National Average
$55,000
Mid-Career
up arrow 2%
Entry-Level
up arrow 24%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 17 votes.

Gender

Female
72%
female alumni
 
Male
28%
male alumni

Years of Experience

Less than 1 year
8%
1-4 years
20%
5-9 years
25%
10-19 years
33%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 71% dental benefits Dental: 66%
vision benefits Vision: 51% employee benefits None: 26%
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