$40,000
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
25%
$31k
MEDIAN
$40k
75%
$46k
The average salary for a Loan Processor is $40,000 in 2025
Base Salary
$31k - $46k
Bonus
$0 - $3k
Total Pay
$33k - $46k
Is Average Loan Processor with Loan Documents Skills Salary at The PNC Financial Services Group, Inc. your job title? Find out what you should be paid
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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
83%
Dental
83%
Vision
83%
None
17%
Gender Breakdown for Loan Processors
Female
100.0%
This data is based on 4 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 / year
What is the lowest pay for Loan Processors?
Our data indicates that the lowest pay for a Loan Processor is $NaN / 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.