▼19%
$18.52
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$13.80
MEDIAN
$18.52
90%
$23.89
The average hourly pay for a Loan Assistant is $18.52 in 2025
Hourly Rate
$14 - $24
Bonus
$608 - $5k
Profit Sharing
$786 - $1k
Commission
$0 - $2k
Total Pay
$31k - $62k
Is Average Loan Assistant with Loan Processing Skills Hourly Pay your job title? Find out what you should be paid
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What is the Pay by Experience Level for Loan Assistants?
What Do Loan Assistants Do?
Find your market worth – how it works:
Common Health Benefits for a Loan Assistant
Medical
75%
Dental
65%
Vision
56%
None
23%
Gender Breakdown for Loan Assistants
Female
86.0%
Male
11.6%
Prefer to self-define
2.3%
This data is based on 43 survey responses. Learn more about the gender pay gap.
FAQs About Loan Assistants
What is the highest pay for Loan Assistants?
Our data indicates that the highest pay for a Loan Assistant is $23.89 / hour
What is the lowest pay for Loan Assistants?
Our data indicates that the lowest pay for a Loan Assistant is $13.80 / hour
How can Loan Assistants increase their salary?
Increasing your pay as a Loan Assistant 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 a Loan Assistant that oversees more junior Loan Assistants, this experience can increase the likelihood to earn more.