Loan Processor with Customer Service Skills Salary

The average rate for a Loan Processor with Customer Service skills is $15.09 per hour. Most people move on to other jobs if they have more than 20 years' experience in this field.

$27,162 - $53,798
$27K
$39K
$54K
MEDIAN: $38,888
10%
50%
90%

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$11.67 - $20.87
$12
$15
$21
MEDIAN: $15.09
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$18K$36K$54K
Salary
$27,162 - $53,798  
   
Bonus
$778 - $12,325  
Profit Sharing
$1,150  
Commission
$3,700  
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).
)
$25,520 - $50,618  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 158
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$12$24$36
Hourly Rate
$11.67 - $20.87  
   
Overtime
$16.68 - $35.33  
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$24K$48K$72K
Bonus
$778 - $12,325  
   
Commission
$3,700  
Profit Sharing
$1,150  
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).
)
$25,520 - $50,618  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 251

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Pay by Experience Level for Loan Processor

Pay by Experience for a Loan Processor has a positive trend. An entry-level Loan Processor with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 240 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $37,000 based on 103 salaries. An experienced Loan Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 101 salaries. A Loan Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $43,000 based on 32 salaries.

Key Stats for Loan Processor

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.
Less than 1 year
6%
1-4 years
46%
5-9 years
18%
10-19 years
22%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Processor Salaries

Late-Career
▲21%

Experienced
▲13%

Mid-Career
▲7%

National Average
$35,000

▼6%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
6%
1-4 years
46%
5-9 years
18%
10-19 years
22%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 66%
vision benefits
Vision: 54%
no benefits
None: 21%