Loan Processor Salaries

6,955 SalariesUpdated Sep 18, 2020

Average Base Pay
$40,598 / yr
Not enough reports to show salary distribution
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0
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Additional Cash Compensation

AverageNo Reports
RangeNo Reports

How much does a Loan Processor make?

The national average salary for a Loan Processor is $40,598 in United States. Filter by location to see Loan Processor salaries in your area. Salary estimates are based on 6,955 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)
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High

Loan Processor

Wells Fargo

$45,442/yr

Range: $33K - $62K

95 salaries

$45,442/yr
$33K$62K

Loan Processor

Bank of America

$46,567/yr

Range: $43K - $59K

60 salaries

$46,567/yr
$43K$59K

Loan Processor

PHH Mortgage

$50,281/yr

Range: $37K - $64K

42 salaries

$50,281/yr
$37K$64K

Loan Processor

SunTrust

$42,458/yr

Range: $39K - $54K

42 salaries

$42,458/yr
$39K$54K

Loan Processor

NVR

$53,658/yr

Range: $46K - $66K

40 salaries

$53,658/yr
$46K$66K

Loan Processor

J.P. Morgan

$48,015/yr

Range: $33K - $71K

37 salaries

$48,015/yr
$33K$71K

Loan Processor

Umpqua Bank

$45,054/yr

Range: $43K - $54K

33 salaries

$45,054/yr
$43K$54K

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Loan Processor - Hourly

Wells Fargo

$19/hr

Range: $15 - $25

29 salaries

$19/hr
$15$25

Loan Processor - Hourly

Dollar Loan Center

$13/hr

Range: $12 - $14

27 salaries

$13/hr
$12$14

Loan Processor - Hourly

Network Capital

$15/hr

Range: $13 - $17

27 salaries

$15/hr
$13$17

Loan Processor

Movement Mortgage

$40,526/yr

Range: $34K - $48K

26 salaries

$40,526/yr
$34K$48K

Loan Processor

U.S. Bank

$44,741/yr

Range: $42K - $57K

26 salaries

$44,741/yr
$42K$57K

Loan Processor

DHI Mortgage

$44,571/yr

Range: $40K - $51K

24 salaries

$44,571/yr
$40K$51K

Loan Processor

Homeside Financial

$47,812/yr

Range: $43K - $59K

22 salaries

$47,812/yr
$43K$59K

Loan Processor

Freedom Mortgage

$45,102/yr

Range: $32K - $57K

20 salaries

$45,102/yr
$32K$57K

Loan Processor

PNC Financial Services Group

$35,801/yr

Range: $30K - $86K

19 salaries

$35,801/yr
$30K$86K

Loan Processor - Hourly

AimLoan.com

$15/hr

Range: $11 - $21

19 salaries

$15/hr
$11$21

Loan Processor

Nationstar Mortgage

$43,922/yr

Range: $20K - $78K

18 salaries

$43,922/yr
$20K$78K

Loan Processor

D.R. Horton

$55,831/yr

Range: $44K - $62K

17 salaries

$55,831/yr
$44K$62K

Loan Processor

PrimeLending

$49,167/yr

Range: $40K - $67K

17 salaries

$49,167/yr
$40K$67K
View Data as Table

Recent Salary Reports

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

$12
hourly
A Post Closing Specialist in the Tampa, FL Area area reported making $12 per hour
Job Highlights
Tampa, FL Area area
Contract
 
201 to 500 employees
Company - Private
$12
hourly
An Order Processor in the Houston, TX Area area reported making $12 per hour
Job Highlights
Houston, TX Area area
Part-time
 
1001 to 5000 employees
Company - Public
$51,862
per year
A Mortgage Loan Processor in the Kansas City, MO Area area reported making $51,862 per year
Job Highlights
1-2 years experience
Kansas City, MO Area area
Full-time
 
201 to 500 employees
Company - Public
$15
hourly
A Loan Processor in the Minneapolis-St. Paul, MN Area area reported making $15 per hour
Job Highlights
Minneapolis-St. Paul, MN Area area
Part-time
 
5001 to 10000 employees
Subsidiary or Business Segment
$14
hourly
A Loan Closer in the Dallas-Fort Worth, TX Area area reported making $14 per hour
Job Highlights
Dallas-Fort Worth, TX Area area
Full-time
 
51 to 200 employees
Company - Private
$15
hourly
A Funder in the Dallas-Fort Worth, TX Area area reported making $15 per hour
Job Highlights
1-2 years experience
Dallas-Fort Worth, TX Area area
Full-time
 
10000+ employees
Company - Public
$56,000
per year
A Mortgage Loan Processor in the Philadelphia, PA Area area reported making $56,000 per year
Additional Pay
$4k cash bonus
Job Highlights
3-4 years experience
Philadelphia, PA Area area
Full-time
 
10000+ employees
Company - Public
$17
hourly
A Post Closing Specialist in the Orlando, FL Area area reported making $17 per hour
Job Highlights
5-7 years experience
Orlando, FL Area area
Full-time
 
201 to 500 employees
Company - Private