How much does a Loan Processor make?

Updated Sep 21, 2023

Experience

Industry

$50,161 / yrTotal Pay
$46,423 / yrBase Pay
$3,738 / yrAdditional Pay

$50,161

 / yr
$35K$73K
Most Likely Range
Possible Range

The estimated total pay for a Loan Processor is $50,161 per year in the United States area, with an average salary of $46,423 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $3,738 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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Total Pay Trajectory

For Loan Processor

$50,161 /yr
Loan Processor
$85,760 /yr
Senior Loan Processor
$70,241 /yr
Loan Processor IV
See Full Career Path

Download as data table

What is the total pay trajectory for Loan Processor?

Job TitleSalary
Loan Processor$50,161 /yr
Senior Loan Processor$85,760 /yr
Loan Processor IV$70,241 /yr

Top Paying Companies

For a Loan Processor in United States

Below is the total pay for the top 10 highest paying companies for a Loan Processor in United States. Employers include Better, GoodLeap and PeerStreet.

1
Better
Better
$81,864/yr
5 open jobs
3
PeerStreet
$80,781/yr
5
SoFi
$74,446/yr
See pay for all companies for a Loan Processor in United StatesView data as table

Top Paying Companies

For Loan Processor in United States

1Better$81,864
2GoodLeap$81,175
3PeerStreet$80,781
4Earnest$75,508
5SoFi$74,446
6Simplify Home Loans$73,733
7Newrez$73,652
8Bayview Asset Management$73,567
9RP Funding$72,409
10Success Mortgage Partners$71,468
Total Pay Trajectory

For Loan Processor

$50,161 /yr
Loan Processor
$85,760 /yr
Senior Loan Processor
$70,241 /yr
Loan Processor IV
See Full Career Path

Download as data table

What is the total pay trajectory for Loan Processor?

Job TitleSalary
Loan Processor$50,161 /yr
Senior Loan Processor$85,760 /yr
Loan Processor IV$70,241 /yr

What are total pay estimates for a Loan Processor at different companies?

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Sort:
Company
Jobs
Total Pay Range
Wells Fargo
3.7
Loan ProcessorSee 175 salaries from all locations

$62,967

 / yr
Aerotek
3.5
Loan ProcessorSee 168 salaries from all locations

$57,255

 / yr
loanDepot
3.2
Loan ProcessorSee 105 salaries from all locations

$64,643

 / yr
Mr. Cooper
3.5
Loan ProcessorSee 88 salaries from all locations

$54,257

 / yr
CrossCountry Mortgage
3.3
Loan ProcessorSee 85 salaries from all locations

$59,571

 / yr
JPMorgan Chase & Co
4
Loan ProcessorSee 85 salaries from all locations

$64,731

 / yr
Prime Consulting
4.6