Average Experienced Senior Loan Processor Hourly Pay

$25.38
Avg. Base Hourly Rate (USD)
10%
$16.49
MEDIAN
$25.38
90%
$33.18

The average hourly pay for a Senior Loan Processor is $25.38 in 2025

Hourly Rate
$16 - $33
Bonus
$817 - $14k
Profit Sharing
$0 - $1k
Commission
$0 - $18k
Total Pay
$44k - $80k
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FAQs About Senior Loan Processors

What is the highest pay for Senior Loan Processors?

Our data indicates that the highest pay for a Senior Loan Processor is $33.18 / hour

What is the lowest pay for Senior Loan Processors?

Our data indicates that the lowest pay for a Senior Loan Processor is $16.49 / hour

How can Senior Loan Processors increase their salary?

Increasing your pay as a Senior 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 Senior Loan Processor that oversees more junior Senior Loan Processors, this experience can increase the likelihood to earn more.