▲14%
$18.73
Avg. Base Hourly Rate (USD)
/ hour
Avg. Base Hourly Rate (USD)
10%
$16.43
MEDIAN
$18.73
90%
$27.10
The average hourly pay for a Senior Loan Processor is $18.73 in 2025
Hourly Rate
$16 - $27
Bonus
$715 - $17k
Commission
$0 - $10k
Total Pay
$37k - $72k
Is Average Early-Career Senior Loan Processor Hourly Pay your job title? Find out what you should be paid
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What is the Pay by Experience Level for Senior Loan Processors?
What Do Senior Loan Processors Do?
Find your market worth – how it works:
Common Health Benefits for a Senior Loan Processor
Medical
81%
Dental
67%
Vision
44%
None
19%
Gender Breakdown for Senior Loan Processors
Female
70.8%
Male
29.2%
This data is based on 24 survey responses. Learn more about the gender pay gap.
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 $27.10 / hour
What is the lowest pay for Senior Loan Processors?
Our data indicates that the lowest pay for a Senior Loan Processor is $16.43 / 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.