Loan Processing Manager Salary (United States)

The average pay for a Loan Processing Manager is $57,243 per year. Experience strongly influences income for this job. Most people move on to other jobs if they have more than 20 years' experience in this career.
Loan Processing Manager Total Pay (?
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.
)
$35,235 - $77,640
(Median)
35K
46K
57K
66K
78K
MEDIAN: $57,243
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$30K$60K$90K
Salary
$35,235 - $77,640  
   
Bonus
$487.22 - $14,191  
Profit Sharing
$925 - $4,000  
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).
)
$25,393 - $88,336  
PayScale
Country: United States | Currency: USD | Updated: 5 Aug 2014 | Individuals Reporting: 39
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Location:
United States (change)
Years in Field/Career:

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 26%
National Average
$56,000
Mid-Career
up arrow 4%
Entry-Level
up arrow 27%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 16 votes.

Gender

Female
75%
female alumni
 
Male
25%
male alumni

Years of Experience

Less than 1 year
5%
1-4 years
21%
5-9 years
26%
10-19 years
33%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 74% dental benefits Dental: 68%
vision benefits Vision: 53% employee benefits None: 24%
Find Out Exactly What You Should Be Paid
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Years in Field/Career:
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United States (change)
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