Salary: Loan Processor | Glassdoor
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Loan Processor Salaries

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3,652 SalariesUpdated Jun 20, 2018
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Average Base Pay
$43,884/yr
Not enough reports to show salary distribution
$33K
Low
$44K
Average
$57K
High

Additional Cash Compensation

Average$5,499
Range$1,184 - $28,184
How much does a Loan Processor make?

The national average salary for a Loan Processor is $43,884 in United States. Filter by location to see Loan Processor salaries in your area. Salary estimates are based on 3,652 salaries submitted anonymously to Glassdoor by Loan Processor employees.

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Salaries by Company

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      Average Base Salaries in (USD)
      Company
      Average Base Salaries in (USD)
      Low
      High
      Wells Fargo
      $42,952/yr
      Range: $30K - $55K
      83 salaries
      $42,952
      $30K$55K
      Bank of America
      $43,602/yr
      Range: $39K - $51K
      48 salaries
      $43,602
      $39K$51K
      SunTrust
      $40,392/yr
      Range: $37K - $49K
      39 salaries
      $40,392
      $37K$49K
      PHH Mortgage
      $45,879/yr
      Range: $35K - $53K
      36 salaries
      $45,879
      $35K$53K
      Umpqua Bank
      $42,782/yr
      Range: $40K - $50K
      33 salaries
      $42,782
      $40K$50K
      J.P. Morgan
      $45,965/yr
      Range: $33K - $65K
      31 salaries
      $45,965
      $33K$65K
      NVR
      $50,773/yr
      Range: $46K - $61K
      29 salaries
      $50,773
      $46K$61K

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      U.S. Bank
      $42,885/yr
      Range: $39K - $49K
      24 salaries
      $42,885
      $39K$49K
      Wells Fargo
      $18/hr
      Range: $14 - $23
      22 salaries
      $18
      $14$23
      Network Capital
      $14/hr
      Range: $12 - $15
      20 salaries
      $14
      $12$15
      Dollar Loan Center
      $12/hr
      Range: $10 - $15
      19 salaries
      $12
      $10$15
      Homeside Financial
      $47,410/yr
      Range: $40K - $63K
      19 salaries
      $47,410
      $40K$63K
      Movement Mortgage
      $38,275/yr
      Range: $32K - $45K
      19 salaries
      $38,275
      $32K$45K
      AimLoan.com
      $14/hr
      Range: $10 - $20
      16 salaries
      $14
      $10$20
      IBERIABANK
      $31,655/yr
      Range: $25K - $39K
      14 salaries
      $31,655
      $25K$39K
      PrimeLending
      $45,296/yr
      Range: $37K - $56K
      14 salaries
      $45,296
      $37K$56K
      Nationstar Mortgage
      $45,182/yr
      Range: $33K - $72K
      14 salaries
      $45,182
      $33K$72K
      D.R. Horton
      $51,213/yr
      Range: $45K - $57K
      14 salaries
      $51,213
      $45K$57K
      Summit Funding
      $44,893/yr
      Range: $40K - $52K
      13 salaries
      $44,893
      $40K$52K
      DHI Mortgage
      $40,348/yr
      Range: $31K - $48K
      13 salaries
      $40,348
      $31K$48K

      Recent Salary Reports

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

      $41,000
      per year
      A Mortgage Loan Processor in the Fort Wayne, IN Area area reported making $41,000 per year
      Job Highlights
      1-2 years experience
      Fort Wayne, IN Area area
      Full-time
       
      501 to 1000 employees
      Company - Private
      $19
      hourly
      A Home Loan Processor in the Phoenix, AZ Area area reported making $19 per hour
      Additional Pay
      $144k cash bonus
      Job Highlights
      1-2 years experience
      Phoenix, AZ Area area
      Full-time
       
      10000+ employees
      Company - Public
      $51,020
      per year
      A Mortgage Loan Processor in the San Antonio, TX Area area reported making $51,020 per year
      Additional Pay
      $8k cash bonus
      Job Highlights
      5-7 years experience
      San Antonio, TX Area area
      Full-time
       
      10000+ employees
      Company - Private
      $40,000
      per year
      A Mortgage Loan Processor in the Chicago, IL Area area reported making $40,000 per year
      Job Highlights
      10+ years experience
      Chicago, IL Area area
      Full-time
       
      10000+ employees
      Company - Public
      $40,000
      per year
      A Loan Processor in the Los Angeles, CA Area area reported making $40,000 per year
      Additional Pay
      $60k commissions
      Job Highlights
      3-4 years experience
      Los Angeles, CA Area area
      Full-time
       
      5001 to 10000 employees
      Company - Public
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