Avg. Base Hourly Rate (USD)
The average hourly pay for a Loan Processor is $16.99 in 2025
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What Do Loan Processors Do?
FAQs About Loan Processors
What is the highest pay for Loan Processors in Pensacola?
Our data indicates that the highest pay for a Loan Processor in Pensacola is $20.29 / hour
What is the lowest pay for Loan Processors in Pensacola?
Our data indicates that the lowest pay for a Loan Processor in Pensacola is $14.68 / hour
How can Loan Processors increase their salary?
Increasing your pay as a 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 a Loan Processor that oversees more junior Loan Processors, this experience can increase the likelihood to earn more.