Junior Loan Processor Salary

A Junior Loan Processor earns an average wage of $15.01 per hour. Most people with this job move on to other positions after 20 years in this field.

$24,402 - $44,544
$24K
$31K
$45K
MEDIAN: $30,723
10%
50%
90%

Add this chart to your site: 640px    300px

$12.23 - $18.82
$12
$15
$19
MEDIAN: $15.26
10%
50%
90%

Add this chart to your site: 640px    300px

$0$44K
Salary $24,402 - $44,544
Bonus $4,200
Commission $3,537
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).
)
$25,227 - $42,749
  • Country: United States
  • Currency: USD
  • Updated: 22 Oct 2017
  • Individuals Reporting: 17
Hourly Data $0$25
Hourly Rate $12.23 - $18.82
Hourly Tips $0.50
Overtime $24.70
Annual Data $0$42K
Bonus $4,200
Commission $3,537
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).
)
$25,227 - $42,749
  • Country: United States
  • Currency: USD
  • Updated: 22 Oct 2017
  • Individuals Reporting: 37

Job Description for Junior Loan Processor

  • 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.

Junior Loan Processor Job Listings

Junior Loan Processor Reviews

Q: What is it like working as a Junior Loan Processor?

Junior Loan Processor in Houston:
"No time to waste."
Pros: What I like about my job I would say interacting with clientele helping others finance their dream home, working around loop holes, assiting, ive gain so much experience through out my recent years.
Cons: No benefits, I wish I was a W2 employee. Because it is stressful every end of the year having to pay back taxes.

Related Job Salaries

Key Stats for Junior Loan Processor

Gender

Female
69 %
Male
31 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.
Less than 1 year
11%
1-4 years
61%
5-9 years
13%
10-19 years
13%
20 years or more
2%

Experience Affects Junior Loan Processor Salaries

Experienced
▲22%

National Average
$34,000

Entry-Level
▼5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 11 votes.

Gender

Female
69 %
Male
31 %

Years of Experience

Less than 1 year
11%
1-4 years
61%
5-9 years
13%
10-19 years
13%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 60%
vision benefits
Vision: 49%
no benefits
None: 29%