Average Junior Loan Processor Hourly Pay

$15.03
Avg. Hourly RateShow Salary
$4,200
Bonus
$1,450
Commission
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The average hourly pay for a Junior Loan Processor is $15.03.
10%
$12.38
MEDIAN
$15.03
90%
$20.05
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United States (change)
Hourly Rate
$12 - $20
Bonus
$1,184 - $9,899
Commission
$0 - $1,450
Total Pay
$25,068 - $43,889
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Job Satisfaction for Junior Loan Processor

3.7 out of 5
(18)
Highly Satisfied
2Reviews

Popular Employer Salaries for Junior Loan Processor

Junior Loan Processor Job Listings

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Popular Skills for Junior Loan Processor

Skills in Loan Processing, Oral / Verbal Communication and Mortgage Loans are correlated to pay that is above average. Skills that pay less than market rate include Customer Service Metrics and Systems Computer/Console Operations.

Pay by Experience Level for Junior Loan Processor

An entry-level Junior Loan Processor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $15.19 based on 10 salaries. An early career Junior Loan Processor with 1-4 years of experience earns an average total compensation of $14.92 based on 50 salaries. A mid-career Junior Loan Processor with 5-9 years of experience earns an average total compensation of $14.74 based on 11 salaries. An experienced Junior Loan Processor with 10-19 years of experience earns an average total compensation of $16.71 based on 7 salaries.

Pay Difference by Location

Learn more about cost of living by city.

Years of Experience

This data is based on 78 survey responses.
Entry Level
12.8%
Early Career
64.1%
Mid Career
14.1%
Experienced
9.0%