The average pay for an Experienced Loan Processor is $17.93 per hour.

$30,097 - $58,009
$30K
$43K
$58K
MEDIAN: $43,062
10%
50%
90%

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$13.35 - $24.41
$13
$18
$24
MEDIAN: $17.93
10%
50%
90%

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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$20K$40K$60K
Salary
$30,097 - $58,009  
   
Bonus
$965 - $14,720  
Profit Sharing
$1,550  
Commission
$6,963  
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).
)
$29,431 - $57,361  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 175
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$13$26$39
Hourly Rate
$13.35 - $24.41  
   
Hourly Tips
$2.50  
Overtime
$19.23 - $36.82  
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$26K$52K$78K
Bonus
$965 - $14,720  
   
Commission
$6,963  
Profit Sharing
$1,550  
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).
)
$29,431 - $57,361  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 183

Find Out Exactly What You Should Be Paid

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Key Stats for Loan Processor

Gender

Female
95 %
Male
5 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 51 votes.
090
10-19 years
91%
20 years or more
9%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Loan Processor Salaries

Mortgage Loans
up arrow 2%

Loan Processing
0%

National Average
$41,000

Loan Documents
up arrow 1%

Commercial Loans
up arrow 1%

Customer Service
up arrow 5%

Consumer Loans
up arrow 5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 51 votes.

Gender

Female
95 %
Male
5 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 63%
vision benefits
Vision: 56%
dental benefits
None: 23%
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