The average pay for a Loan Processor with Mortgage Loans skills is $15.95 per hour. Most people move on to other jobs if they have more than 20 years' experience in this career.

$28,297 - $55,152
(Median)
$28K
$41K
$55K
MEDIAN: $40,903
10%
50%
90%

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$12.07 - $23.44
(Median)
$12
$16
$23
MEDIAN: $15.00
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$19K$38K$57K
Salary
$28,297 - $55,152  
   
Bonus
$991 - $12,383  
Profit Sharing
$950  
Commission
$1,226 - $28,383  
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).
)
$26,735 - $55,458  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 203
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
$12.07 - $23.44  
   
Overtime
$17.62 - $37.08  
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
$991 - $12,383  
   
Commission
$1,226 - $28,383  
Profit Sharing
$950  
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).
)
$26,735 - $55,458  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 220
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Popular Employer Salaries for Loan Processor

Pay by Experience Level for Loan Processor

Median of all compensation (including tips, bonus, and overtime) by years of experience.

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


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Experience Affects Loan Processor Salaries

Late-Career
up arrow 18%

Experienced
up arrow 10%

Mid-Career
up arrow 2%

National Average
$39,000

Entry-Level
up arrow 12%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 74 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
4%
1-4 years
39%
5-9 years
18%
10-19 years
28%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 65%
medical benefits
Vision: 52%
dental benefits
None: 21%
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