Average Early-Career Junior Loan Processor Hourly Pay

$15.81
Avg. Base Hourly Rate (USD)
10%
$13.09
MEDIAN
$15.81
90%
$20.88

The average hourly pay for a Junior Loan Processor is $15.81

Hourly Rate
$13 - $21
Bonus
$503 - $9k
Total Pay
$29k - $46k
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FAQs About Junior Loan Processors

What is the highest pay for Junior Loan Processors?

Our data indicates that the highest pay for a Junior Loan Processor is $20.88 / hour

What is the lowest pay for Junior Loan Processors?

Our data indicates that the lowest pay for a Junior Loan Processor is $13.09 / hour

How can Junior Loan Processors increase their salary?

Increasing your pay as a Junior Loan Processor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Junior Loan Processor that oversees more junior Junior Loan Processors, this experience can increase the likelihood to earn more.