$35,123
Avg. Salary
$15.04
Avg. Hourly Rate
Help us gather more data! Is Assistant Loan Processor your job title? Find out what you're worth.

The average pay for an Assistant Loan Processor is $15.04 per hour.

The average pay for an Assistant Loan Processor is $35,123 per year.

10%
$11.51
10%
$15.04
50%
$19.65
90%
90%
MEDIAN $15.04
10%
$25k
10%
$35k
50%
$44k
90%
90%
MEDIAN $35,123
$25,342 - $43,906
$25K
$35K
$44K
MEDIAN: $35,123
10%
50%
90%

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$11.51 - $19.65
$12
$15
$20
MEDIAN: $15.04
10%
50%
90%

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$0$43K
Salary $25,342 - $43,906
Bonus $450 - $8,000
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).
)
$24,892 - $43,850
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 31
Hourly Data $0$27
Hourly Rate $11.51 - $19.65
Overtime $11.33 - $27.94
Annual Data $0$43K
Bonus $450 - $8,000
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).
)
$24,892 - $43,850
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 70

Job Description

A loan officer assistant works under a loan officer at a financial institution. The assistant will carry out administrative tasks for the loan officer. These tasks include filing documents, entering data about loan applications, following up with various departments about the loan process, answering phone calls, and scheduling meetings. On a periodic basis, the loan officer will be expected to gather all of the information necessary, in order to determine where a loan is in the process and create a report about it. The loan officer assistant reviews files, and the information will then be passed on to the loan officer.

Read More...
Assistant Loan Processor Tasks
  • Examine loan documents for completeness and accuracy.
  • Calculate principal and interest payments due from the customer.
  • Prepare and assemble all required documents for loan approval process, obtaining additional information as necessary.

Popular Employer Salaries

$0$34K

$31,200

Job Listings

Job Reviews

Q: What is it like working as an Assistant Loan Processor?

Assistant Loan Processor in San Diego:
"Good."
Pros: Easy, laid back, mostly computer work and inputting information, atmosphere, perks.
Cons: Can be over worked, must complete priorities first, everything must be done correctly, stress.

Related Job Salaries

Gender

Female
90 %
Male
10 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.
Less than 1 year
23%
1-4 years
46%
5-9 years
15%
10-19 years
12%
20 years or more
5%

How Experience Affects Salaries

Experienced
▲28%

Mid-Career
▲26%

National Average
$33,000

Entry-Level
▼6%

How Skills Affect Salaries

Mortgage Loans
▲19%

Loan Processing
▲12%

National Average
$33,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 13 votes.

Gender

Female
90 %
Male
10 %

Years of Experience

Less than 1 year
23%
1-4 years
46%
5-9 years
15%
10-19 years
12%
20 years or more
5%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 62%
vision benefits
Vision: 54%
no benefits
None: 28%