Loan Processor with Consumer Loans Skills Salary

The average wage for a Loan Processor with Consumer Loans skills is $14.89 per hour. Most people with this job move on to other positions after 20 years in this field.

$26,779 - $51,690
$27K
$39K
$52K
MEDIAN: $39,138
10%
50%
90%

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$11.64 - $20.10
$12
$15
$20
MEDIAN: $14.99
10%
50%
90%

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$0$51K
Salary $26,779 - $51,690
Bonus $596 - $5,944
Profit Sharing $900
Commission $9,000
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).
)
$25,640 - $48,465
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 120
Hourly Data $0$35
Hourly Rate $11.64 - $20.10
Overtime $16.67 - $35.67
Annual Data $0$48K
Bonus $596 - $5,944
Commission $9,000
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).
)
$25,640 - $48,465
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 233

Find Out Exactly What You Should Be Paid

United States (change)

Loan Processor Job Listings

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 $32,000 based on 218 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 $35,000 based on 88 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 77 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 $40,000 based on 17 salaries.

Key Stats for Loan Processor

Gender

Female
86 %
Male
14 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 82 votes.
Less than 1 year
3%
1-4 years
56%
5-9 years
15%
10-19 years
20%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Loan Processor Salaries

Late-Career
▲19%

Experienced
▲13%

Mid-Career
▲1%

National Average
$34,000

Entry-Level
▼6%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 82 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
3%
1-4 years
56%
5-9 years
15%
10-19 years
20%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 66%
vision benefits
Vision: 54%
no benefits
None: 18%
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