Salary: Loan Processor | Glassdoor

Loan Processor Salaries

About This Data
3,781 SalariesUpdated Dec 14, 2017
Average Base Pay
$40,237/yr
Not enough reports to show salary distribution
$27K
Low
$40K
Average
$55K
High

Additional Cash Compensation

Average$5,156
Range$1,118 - $25,953
How much does a Loan Processor make?

The national average salary for a Loan Processor is $40,237 in United States. Filter by location to see Loan Processor salaries in your area. Salary estimates are based on 3,781 salaries submitted anonymously to Glassdoor by Loan Processor employees.

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Salaries by Company

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      Company
      Average Base Salary in (USD)
      Low
      High
      Wells Fargo
      $42,866/yr
      82 salaries
      $42,866/yr
      $30K$55K
      Bank of America
      $43,636/yr
      46 salaries
      $43,636/yr
      $39K$51K
      SunTrust
      $40,392/yr
      39 salaries
      $40,392/yr
      $37K$49K
      PHH Mortgage
      $45,904/yr
      35 salaries
      $45,904/yr
      $35K$53K
      Umpqua Bank
      $42,782/yr
      33 salaries
      $42,782/yr
      $40K$50K
      J.P. Morgan
      $45,598/yr
      30 salaries
      $45,598/yr
      $33K$65K
      NVR
      $50,747/yr
      26 salaries
      $50,747/yr
      $46K$61K

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      U.S. Bank
      $42,885/yr
      24 salaries
      $42,885/yr
      $39K$49K
      Wells Fargo
      $18/hr
      21 salaries
      $18/hr
      $14$23
      Network Capital
      $14/hr
      20 salaries
      $14/hr
      $12$15
      Homeside Financial
      $47,410/yr
      19 salaries
      $47,410/yr
      $40K$63K
      Dollar Loan Center
      $12/hr
      17 salaries
      $12/hr
      $11$13
      Movement Mortgage
      $38,410/yr
      16 salaries
      $38,410/yr
      $32K$45K
      IBERIABANK
      $31,655/yr
      14 salaries
      $31,655/yr
      $25K$39K
      AimLoan.com
      $15/hr
      14 salaries
      $15/hr
      $10$20
      Summit Funding
      $44,893/yr
      13 salaries
      $44,893/yr
      $40K$52K
      PrimeLending
      $45,107/yr
      13 salaries
      $45,107/yr
      $37K$56K
      Nationstar Mortgage
      $45,581/yr
      13 salaries
      $45,581/yr
      $33K$72K
      D.R. Horton
      $51,691/yr
      13 salaries
      $51,691/yr
      $45K$57K
      Digital Risk
      $22/hr
      13 salaries
      $22/hr
      $20$25

      Recent Salary Reports

      Below are the most recent Loan Processor salary reports. Employer name has been removed to protect anonymity.

      $16
      hourly
      A Mortgage Loan Processor in the Miami-Fort Lauderdale, FL Area area reported making $16 per hour
      Job Highlights
      8-10 years experience
      Miami-Fort Lauderdale, FL Area area
      Full-time
       
      1 to 50 employees
      Company - Private
      $10
      hourly
      A Loan Processor in the Houston, TX Area area reported making $10 per hour
      Job Highlights
      1-2 years experience
      Houston, TX Area area
      Part-time
       
      201 to 500 employees
      Company - Private
      $29
      hourly
      A Mortgage Loan Processor in the Modesto, CA Area area reported making $29 per hour
      Additional Pay
      $43k cash bonus
      Job Highlights
      10+ years experience
      Modesto, CA Area area
      Full-time
       
      51 to 200 employees
      Company - Private
      $15
      hourly
      A Mortgage Processor in the Trenton, NJ Area area reported making $15 per hour
      Job Highlights
      1-2 years experience
      Trenton, NJ Area area
      Full-time
       
      1 to 50 employees
      Franchise
      $13
      hourly
      A Mortgage Loan Processor in the Searcy, AR Area area reported making $13 per hour
      Job Highlights
      1-2 years experience
      Searcy, AR Area area
      Full-time
       
      201 to 500 employees
      Private Practice / Firm
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