How much does a Senior Loan Processor make?

Updated Oct 16, 2021

Industry

Employer Size

Experience

$58,184 /yr
Average Base Pay

638 salaries

$41K

Low

$58K

Average

$83K

High

No additional cash compensation has been reported for this role

The national average salary for Senior Loan Processor is $58,184 per year in United States. Filter by location to see Senior Loan Processor salaries in your area. Salaries estimates are based on 638 salaries submitted anonymously to Glassdoor by Senior Loan Processor employees.

Seniority Levels

L3
Senior Loan Processor$58,184 /yr
L4
Loan Processor IV$46,758 /yr
Career Path

Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

J.P. Morgan
4

J.P. Morgan

Senior Loan Processor

$55,251

 /yr
Range: $47K - $80K
32 salaries
See 33 salaries from all locations

$47K

$80K

$46,586 - $79,980 Range

Network Capital
4.2

Network Capital

Senior Loan Processor

$44,661

 /yr
Range: $25K - $153K

$25K

$153K

$25,255 - $152,593 Range

New American Funding
3.8

New American Funding

Senior Loan Processor

$48,420

 /yr
Range: $44K - $61K

$44K

$61K

$43,845 - $61,145 Range

Chase
3.7

Chase

Senior Loan Processor

$55,178

 /yr
Range: $44K - $76K

$44K

$76K

$44,377 - $76,310 Range

Eagle Home Mortgage
2.9

Eagle Home Mortgage

Senior Loan Processor

$61,359

 /yr
Range: $50K - $67K

$50K

$67K

$49,501 - $66,903 Range

Bank of America
4

Bank of America

Senior Loan Processor

$56,474

 /yr
Range: $40K - $62K

$40K

$62K

$40,465 - $61,956 Range

Uamc
2.7

Uamc

Senior Loan Processor

$58,210

 /yr
Range: $45K - $62K

$45K

$62K

$45,496 - $62,145 Range

Is this helpful? The community relies on everyone sharing –Add Anonymous Salary
loanDepot
3.9

loanDepot

Senior Loan Processor

$45,496

 /yr
Range: $32K - $80K

$32K

$80K

$32,053 - $79,752 Range

Obsidian Financial Services
2.9

Obsidian Financial Services

Senior Loan Processor

$61,143

 /yr
Range: $61K - $61K

$61K

$61K

$61,143 - $61,143 Range

Accounting Principals
4.2

Accounting Principals

Senior Loan Processor

$53,966

 /yr
Range: $49K - $61K

$49K

$61K

$48,915 - $60,612 Range

MUFG
3.3

MUFG

Senior Loan Processor

$65,929

 /yr
Range: $65K - $67K

$65K

$67K

$64,759 - $66,992 Range

Genpact
3.8

Genpact

Senior Loan Processor

$57,754

 /yr
Range: $49K - $657K

$49K

$657K

$48,867 - $657,289 Range

PNC Financial Services Group
3.7

PNC Financial Services Group

Senior Loan Processor

$49,445

 /yr
Range: $37K - $59K

$37K

$59K

$36,805 - $58,548 Range

Fairway Independent Mortgage
4.2

Fairway Independent Mortgage

Senior Loan Processor

$68,582

 /yr
Range: $30K - $101K

$30K

$101K

$29,797 - $101,020 Range

SVS Group
4.4

SVS Group

Senior Loan Processor

$56,358

 /yr
Range: $56K - $56K

$56K

$56K

$56,358 - $56,358 Range

DISYS
3.9

DISYS

Senior Loan Processor - Hourly

$21

 /hr
Range: $14 - $26

$14

$26

$14 - $26 Range

Aerotek
3.5

Aerotek

Senior Loan Processor

$59,548

 /yr
Range: $52K - $63K

$52K

$63K

$52,105 - $62,738 Range

Tailored Management
3.9

Tailored Management

Senior Loan Processor - Hourly

$39

 /hr
Range: $29 - $39

$29

$39

$29 - $39 Range

Stearns Lending
3.4

Stearns Lending

Senior Loan Processor

$63,806

 /yr
Range: $55K - $71K

$55K

$71K

$55,208 - $70,504 Range

Flagstar Bank
3.7

Flagstar Bank

Senior Loan Processor

$55,431

 /yr
Range: $51K - $63K

$51K

$63K

$50,907 - $62,896 Range

Download as data Table
Viewing 1 - 10 of 10,141

Frequently asked questions about a Senior Loan Processor salaries

The national average salary for a Senior Loan Processor is $58,184 per year in United States. Filter by location to see a Senior Loan Processor salaries in your area. Salaries estimates are based on 638 salaries submitted anonymously to Glassdoor by a Senior Loan Processor employees.

The highest salary for a Senior Loan Processor in United States is $82,719 per year.

The lowest salary for a Senior Loan Processor in United States is $40,926 per year.

If you are thinking of becoming a Senior Loan Processor or planning the next step in your career, find details about the role, the career path and salary trajectory of a Senior Loan Processor.

Recent Salary Reports

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

$21
hourly
A Sr. Loan Processor in the San Antonio, TX Area area reported making $21 per hour
Additional Pay
$144k cash bonus
$216k commissions
Job Highlights
10+ years experience
San Antonio, TX Area area
Full-time
 
1001 to 5000 employees
Company - Private
$29
hourly
A Senior Loan Processor in the Austin, TX Area area reported making $29 per hour
Job Highlights
10+ years experience
Austin, TX Area area
Full-time
 
501 to 1000 employees
Company - Private
$26
hourly
A Senior Loan Processor in the Detroit, MI Area area reported making $26 per hour
Job Highlights
5-7 years experience
Detroit, MI Area area
Full-time
 
1001 to 5000 employees
Company - Public
$63,802
per year
A Senior Loan Analyst in the Riverside, CA Area area reported making $63,802 per year
Job Highlights
10+ years experience
Riverside, CA Area area
Full-time
 
201 to 500 employees
Company - Private
$49,000
per year
A Senior Loan Processor in the Pittsburgh, PA Area area reported making $49,000 per year
Additional Pay
$10k cash bonus
Job Highlights
5-7 years experience
Pittsburgh, PA Area area
Full-time
 
10000+ employees
Company - Public
$25
hourly
A Senior Mortgage Loan Processor in the Tampa, FL Area area reported making $25 per hour
Job Highlights
10+ years experience
Tampa, FL Area area
Full-time
 
1001 to 5000 employees
Company - Public
$26
hourly
A Senior Mortgage Loan Processor in the Grand Rapids, MI Area area reported making $26 per hour
Additional Pay
$115k cash bonus
Job Highlights
5-7 years experience
Grand Rapids, MI Area area
Full-time
 
1001 to 5000 employees
Company - Private
$34
hourly
A Sr. Loan Processor in the Los Angeles, CA Area area reported making $34 per hour
Additional Pay
$1.01M commissions
Job Highlights
10+ years experience
Los Angeles, CA Area area
Full-time
 
201 to 500 employees
Company - Private
$24
hourly
A Senior Loan Processor in the Los Angeles, CA Area area reported making $24 per hour
Job Highlights
10+ years experience
Los Angeles, CA Area area
Full-time
 
501 to 1000 employees
Company - Private
$47,000
per year
A Senior Credit Coordinator in the Charlotte, NC Area area reported making $47,000 per year
Job Highlights
1-2 years experience
Charlotte, NC Area area
Full-time
 
201 to 500 employees
Company - Private
Don't Miss Out On a Job You Love
Upload a resume to easily apply to jobs from anywhere. It's simple to set up.