Senior Loan Processor Salary (United States)

A Senior Loan Processor earns an average salary of $45,785 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.
Senior Loan Processor Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$33,810 - $60,141
(Median)
34K
39K
46K
52K
60K
MEDIAN: $45,784
10%
25%
50%
75%
90%
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Senior Loan Processor Total Pay (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$11.76 - $25.05
(Median)
12
15
18
21
25
MEDIAN: $18.00
10%
25%
50%
75%
90%
Add this chart to your site

National Salary Data

 (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$21K$42K$63K
Salary
$33,810 - $60,141  
   
Bonus
$0.00 - $10,122  
Commission
$1,474 - $4,069  
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).
)
$30,926 - $61,121  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 246
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$13$26$39
Hourly Rate
$11.76 - $25.05  
   
Overtime
$17.98 - $37.57  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$26K$52K$78K
Bonus
$0.00 - $10,122  
   
Commission
$1,474 - $4,069  
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).
)
$30,926 - $61,121  
PayScale
Country: United States | Currency: USD | Updated: 11 Jun 2014 | Individuals Reporting: 246
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Location:
United States (change)
Years in Field/Career:
Job Description for Senior Loan Processor
  • Answer questions regarding closing requirements.
  • Maintain communication with brokers partners and closing/settlement agents with loan status.
  • Authorize funding upon verification of all documentation.
  • Order credit reports, appraisals, title insurance, and all other certifications as necessary.

Senior Loan Processor Job Listings

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Pay by Experience Level for Senior Loan Processor
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Related Job Salaries

Experience Affects Senior Loan Processor Salaries

Late-Career
up arrow 9%
Experienced
up arrow 5%
National Average
$46,000
Mid-Career
up arrow 4%
Entry-Level
up arrow 9%

Skills That Affect Senior Loan Processor Salaries

National Average
$46,000
Job Satisfaction
Highly satisfied Image
Highly satisfied
Rated 4 out of 5 based on 48 votes.
Gender
Female
88%
female alumni
 
Male
12%
male alumni
Years of Experience
1-4 years
19%
5-9 years
28%
10-19 years
37%
20 years or more
16%
Common Health Benefits
medical benefits Medical: 79% dental benefits Dental: 73%
vision benefits Vision: 57% employee benefits None: 18%
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Location:
United States (change)
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