Experienced Loan Processor Salary

The average pay for an Experienced Loan Processor is $17.79 per hour.

$29,794 - $58,067
$30K
$44K
$58K
MEDIAN: $43,735
10%
50%
90%

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$13.29 - $23.81
$13
$18
$24
MEDIAN: $17.79
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
$29,794 - $58,067  
   
Bonus
$979 - $14,830  
Profit Sharing
$1,700  
Commission
$7,099  
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).
)
$29,170 - $57,816  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 164
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
$13.29 - $23.81  
   
Overtime
$18.66 - $37.04  
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
$979 - $14,830  
   
Commission
$7,099  
Profit Sharing
$1,700  
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).
)
$29,170 - $57,816  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 168

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Key Stats for Loan Processor

Gender

Female
94 %
Male
6 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 52 votes.
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
▲3%

Loan Processing
▼0%

National Average
$42,000

Loan Documents
▼2%

Commercial Loans
▼2%

Customer Service
▼5%

Consumer Loans
▼7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 52 votes.

Gender

Female
94 %
Male
6 %

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 61%
vision benefits
Vision: 55%
dental benefits
None: 23%
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