The average pay for an Entry-Level Loan Processor with Loan Processing skills is $14.51 per hour.

$24,819 - $50,737
$25K
$37K
$51K
MEDIAN: $37,171
10%
50%
90%

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$10.72 - $19.76
$11
$15
$20
MEDIAN: $14.51
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$17K$34K$51K
Salary
$24,819 - $50,737  
   
Bonus
$715 - $10,090  
Profit Sharing
$900  
Commission
$1,454 - $25,589  
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).
)
$24,199 - $48,569  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 176
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
$10.72 - $19.76  
   
Overtime
$16.58 - $33.99  
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
$715 - $10,090  
   
Commission
$1,454 - $25,589  
Profit Sharing
$900  
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).
)
$24,199 - $48,569  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 300

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Key Stats for Loan Processor

Gender

Female
80 %
Male
20 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 73 votes.
078
Less than 1 year
9%
1-4 years
78%
5-9 years
13%
Location:
Years in Fields/Career:
United States (change)

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 73 votes.

Gender

Female
80 %
Male
20 %

Common Health Benefits

medical benefits
Medical: 73%
dental benefits
Dental: 60%
vision benefits
Vision: 48%
dental benefits
None: 24%
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