Avg. Base Hourly Rate (USD)
The average hourly pay for a Junior Loan Processor is $15.81
What is the Pay by Experience Level for Junior Loan Processors?
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 $15.59 based on 12 salaries. A mid-career Junior Loan Processor with 5-9 years of experience earns an average total compensation of $15.48 based on 10 salaries. An …Read more
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.