Loan Processor with Consumer Loans Skills Salary

The average wage for a Loan Processor with Consumer Loans skills is $14.89 per hour. Most people with this job move on to other positions after 20 years in this field.

$26,778 - $53,229
$27K
$39K
$53K
MEDIAN: $39,087
10%
50%
90%

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$11.73 - $20.41
$12
$15
$20
MEDIAN: $15.30
10%
50%
90%

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$0$53K
Salary $26,778 - $53,229
Bonus $650 - $6,040
Profit Sharing $1,100
Commission $7,200
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).
)
$25,668 - $49,858
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 121
Hourly Data $0$35
Hourly Rate $11.73 - $20.41
Overtime $17.11 - $35.87
Annual Data $0$49K
Bonus $650 - $6,040
Commission $7,200
Profit Sharing $1,100
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).
)
$25,668 - $49,858
  • Country: United States
  • Currency: USD
  • Updated: 15 Oct 2017
  • Individuals Reporting: 216

Loan Processor Job Listings

Pay by Experience Level for Loan Processor

Pay by Experience for a Loan Processor has a positive trend. An entry-level Loan Processor with less than 5 years of experience can expect to earn an average total compensation of $32,000 based on 218 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Loan Processor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $35,000 based on 88 salaries. An experienced Loan Processor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $39,000 based on 77 salaries. A Loan Processor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $40,000 based on 17 salaries.

Key Stats for Loan Processor

Gender

Female
85 %
Male
15 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 93 votes.
Less than 1 year
2%
1-4 years
54%
5-9 years
17%
10-19 years
20%
20 years or more
7%

Experience Affects Loan Processor Salaries

Late-Career
▲15%

Experienced
▲10%

National Average
$35,000

Mid-Career
▼1%

Entry-Level
▼9%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 93 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
2%
1-4 years
54%
5-9 years
17%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 66%
vision benefits
Vision: 54%
no benefits
None: 18%