$15.44
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
25%
$13.50
MEDIAN
$15.44
75%
$19
The average hourly pay for a Loan Processor is $15.44 in 2025
Hourly Rate
$14 - $19
Bonus
$0 - $5k
Total Pay
$31k - $48k
Is Average Loan Processor with Loan Processing Skills Hourly Pay at Caliber Home Loans, Inc. 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 Do Loan Processors Do?
Loan Processor Tasks
- Complete and maintain all paperwork for ongoing and new loans, including loan disclosures.
- Submit completed loans to underwriting, and ensure all items are obtained.
- Order title and escrow, review them and process loan conditions.
- Work with clients and loan originator to obtain necessary information, process it and finalize loan documents.
Find your market worth – how it works:
Common Health Benefits for a Loan Processor
Medical
100%
Dental
100%
Vision
60%
Gender Breakdown for Loan Processors
Female
60.0%
Male
40.0%
This data is based on 5 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 $NaN / hour
What is the lowest pay for Loan Processors?
Our data indicates that the lowest pay for a Loan Processor is $NaN / 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.