Avg. Base Hourly Rate (USD)
The average hourly pay for an Assistant Loan Processor is $16.40 in 2025
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What Do Assistant Loan Processors Do?
- Examine loan documents for completeness and accuracy.
- Calculate principal and interest payments due from the customer.
- Prepare and assemble all required documents for loan approval process, obtaining additional information as necessary.
FAQs About Assistant Loan Processors
What is the highest pay for Assistant Loan Processors?
Our data indicates that the highest pay for an Assistant Loan Processor is $NaN / hour
What is the lowest pay for Assistant Loan Processors?
Our data indicates that the lowest pay for an Assistant Loan Processor is $NaN / hour
How can Assistant Loan Processors increase their salary?
Increasing your pay as an Assistant Loan Processor is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are an Assistant Loan Processor that oversees more junior Assistant Loan Processors, this experience can increase the likelihood to earn more.