Average Early-Career Junior Loan Processor with Loan Processing Skills Hourly Pay

$16.24
Avg. Base Hourly Rate (USD)
10%
$14.44
MEDIAN
$16.24
90%
$21.81

The average hourly pay for a Junior Loan Processor is $16.24

Hourly Rate
$14 - $22
Bonus
$1k - $9k
Total Pay
$30k - $48k
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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 $21.81 / hour

What is the lowest pay for Junior Loan Processors?

Our data indicates that the lowest pay for a Junior Loan Processor is $14.44 / 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.