▼13%
$46,250
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$34k
MEDIAN
$46k
90%
$61k
The average salary for a Loan Processor is $46,250 in 2025
Base Salary
$34k - $61k
Bonus
$1k - $17k
Profit Sharing
$0 - $3k
Total Pay
$34k - $64k
Is Average Late-Career Loan Processor with Loan Documents Skills Salary your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.What's this?
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What is the Pay by Experience Level for Loan Processors?
What Do Loan Processors Do?
Find your market worth – how it works:
Common Health Benefits for a Loan Processor
Medical
74%
Dental
74%
Vision
57%
None
26%
Gender Breakdown for Loan Processors
Female
100.0%
This data is based on 22 survey responses. Learn more about the gender pay gap.
FAQs About Loan Processors
What is the highest pay for Loan Processors?
Our data indicates that the highest pay for a Loan Processor is $61k / year
What is the lowest pay for Loan Processors?
Our data indicates that the lowest pay for a Loan Processor is $34k / year
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.