Salary: Loan Processor | Glassdoor

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Loan Processor Salaries

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4,297 SalariesUpdated Jan 19, 2019
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Average Base Pay
$40,607/yr
Not enough reports to show salary distribution
$27K
Low
$41K
Average
$56K
High

Additional Cash Compensation

Average$5,193
Range$1,125 - $26,175
How much does a Loan Processor make?

The national average salary for a Loan Processor is $40,607 in United States. Filter by location to see Loan Processor salaries in your area. Salary estimates are based on 4,297 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
      $41,896/yr
      Range: $30K - $57K
      88 salaries
      $41,896/yr
      $30K$57K
      Bank of America
      $42,883/yr
      Range: $39K - $51K
      49 salaries
      $42,883/yr
      $39K$51K
      SunTrust
      $39,572/yr
      Range: $37K - $50K
      41 salaries
      $39,572/yr
      $37K$50K
      PHH Mortgage
      $46,406/yr
      Range: $35K - $53K
      40 salaries
      $46,406/yr
      $35K$53K
      Umpqua Bank
      $41,769/yr
      Range: $40K - $50K
      33 salaries
      $41,769/yr
      $40K$50K
      J.P. Morgan
      $44,611/yr
      Range: $33K - $65K
      32 salaries
      $44,611/yr
      $33K$65K
      NVR
      $50,000/yr
      Range: $46K - $61K
      30 salaries
      $50,000/yr
      $46K$61K

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      U.S. Bank
      $41,674/yr
      Range: $39K - $53K
      25 salaries
      $41,674/yr
      $39K$53K
      Wells Fargo
      $18/hr
      Range: $14 - $23
      24 salaries
      $18/hr
      $14$23
      Network Capital
      $14/hr
      Range: $12 - $15
      22 salaries
      $14/hr
      $12$15
      Movement Mortgage
      $38,000/yr
      Range: $32K - $45K
      22 salaries
      $38,000/yr
      $32K$45K
      Dollar Loan Center
      $13/hr
      Range: $11 - $13
      22 salaries
      $13/hr
      $11$13
      Homeside Financial
      $44,419/yr
      Range: $42K - $55K
      21 salaries
      $44,419/yr
      $42K$55K
      DHI Mortgage
      $40,000/yr
      Range: $31K - $49K
      17 salaries
      $40,000/yr
      $31K$49K
      AimLoan.com
      $13/hr
      Range: $10 - $20
      16 salaries
      $13/hr
      $10$20
      PNC Financial Services Group
      $33,400/yr
      Range: $29K - $80K
      15 salaries
      $33,400/yr
      $29K$80K
      D.R. Horton
      $52,000/yr
      Range: $45K - $57K
      15 salaries
      $52,000/yr
      $45K$57K
      Citi
      $41,751/yr
      Range: $37K - $48K
      14 salaries
      $41,751/yr
      $37K$48K
      PrimeLending
      $44,564/yr
      Range: $37K - $56K
      14 salaries
      $44,564/yr
      $37K$56K
      Nationstar Mortgage
      $40,640/yr
      Range: $33K - $72K
      14 salaries
      $40,640/yr
      $33K$72K

      Recent Salary Reports

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

      $15
      hourly
      A Document Processor 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
       
      501 to 1000 employees
      Nonprofit Organization
      $40,000
      per year
      A Mortgage Loan Processor in the Baltimore, MD Area area reported making $40,000 per year
      Additional Pay
      $10k cash bonus
      $10k commissions
      Job Highlights
      1-2 years experience
      Baltimore, MD Area area
      Full-time
       
      501 to 1000 employees
      Company - Private
      $45,000
      per year
      A Mortgage Loan Processor in the Charlotte, NC Area area reported making $45,000 per year
      Job Highlights
      8-10 years experience
      Charlotte, NC Area area
      Full-time
       
      10000+ employees
      Company - Public
      $40,000
      per year
      A Mortgage Loan Processor in the Augusta, GA Area area reported making $40,000 per year
      Additional Pay
      $22k cash bonus
      Job Highlights
      10+ years experience
      Augusta, GA Area area
      Full-time
       
      201 to 500 employees
      Government
      $25
      hourly
      A Mortgage Loan Processor in the Salt Lake City, UT Area area reported making $25 per hour
      Additional Pay
      $144 cash bonus
      Job Highlights
      10+ years experience
      Salt Lake City, UT Area area
      Full-time
       
      1001 to 5000 employees
      Company - Private
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