The average rate for a Loan Processor with Customer Service skills is $14.97 per hour. Most people move on to other jobs if they have more than 20 years' experience in this field.

$26,941 - $53,658
$27K
$39K
$54K
MEDIAN: $39,251
10%
50%
90%

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$11.44 - $20.83
$11
$15
$21
MEDIAN: $14.97
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
$26,941 - $53,658  
   
Bonus
$781 - $12,000  
Profit Sharing
$1,150  
Commission
$5,000  
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).
)
$25,042 - $50,835  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 162
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
$11.44 - $20.83  
   
Hourly Tips
$2.50  
Overtime
$17.00 - $35.40  
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
$781 - $12,000  
   
Commission
$5,000  
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).
)
$25,042 - $50,835  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 264

Find Out Exactly What You Should Be Paid

United States (change)

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Pay by Experience Level for Loan Processor

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

Key Stats for Loan Processor

Gender

Female
85 %
Male
15 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.
044
Less than 1 year
6%
1-4 years
45%
5-9 years
17%
10-19 years
23%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Processor Salaries

Late-Career
up arrow 25%

Experienced
up arrow 13%

Mid-Career
up arrow 8%

National Average
$35,000

Entry-Level
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 71 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
6%
1-4 years
45%
5-9 years
17%
10-19 years
23%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 65%
vision benefits
Vision: 53%
dental benefits
None: 21%
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