Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Business Loan Processor II in Massachusetts is $54,190 per year, which breaks down to an hourly rate of $26.
However, a Business Loan Processor II's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered Talent
AI Onboarding
Business Loan Processor II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $59,590 | $4,966 | $1,146 | $29 |
| Average | $54,190 | $4,516 | $1,042 | $26 |
| 25th Percentile | $50,090 | $4,174 | $963 | $24 |
Reliance Savings Bank - ALTOONA, PA
Loomis US - NASHVILLE, TN
Loomis US - LIHUE, HI
Community Financial Services Bank - BENTON, KY
A Business Loan Processor II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Business Loan Processor II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Business Loan Processor II | $51,841 |
| Intermediate Level Business Loan Processor II | $52,150 |
| Senior Level Business Loan Processor II | $54,755 |
| Specialist Level Business Loan Processor II | $58,410 |
| Expert Level Business Loan Processor II | $58,653 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Business Loan Processor IIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Business Loan Processor II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $57,735. While startup companies pay approximate $49,025.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $49,025 |
| Growth Stage | 51~500 | $51,808 |
| Established | 501~5000 | $55,805 |
| Enterprise | 5000+ | $57,735 |
For Business Loan Processor II roles, the industry you choose can impact your earning potential by as much as 25% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 10% above the average. Conversely, Business Loan Processor positions in Business Services typically offer lower base pay, as this sector often view Business Loan Processor II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $59,609 | $29.0 | 10% |
| Edu., Gov't. & Nonprofit | $56,900 | $27.0 | 5% |
Understanding how a Business Loan Processor II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $59,590 | $4,966 | $1,146 | $29 |
| Average | $54,190 | $4,516 | $1,042 | $26 |
| 25th Percentile | $50,090 | $4,174 | $963 | $24 |
Promotions are the fastest way to increase your earnings. As a Business Loan Processor II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Loan Closer III | $62,400 | 15% |
| Senior Consumer Loan Processor | $64,600 | 19% |
| Business Loan Processor III | $57,990 | 7% |
| Mortgage Lending Processor III | $69,000 | 27% |
Ready to take the next step in your career? Browse thousands of current Business Loan Processor II job openings on our job board. Use the search bar below to find your perfect match.
Reliance Savings Bank
ALTOONA, PA
Reliance Savings Bank | ALTOONA, PA
Build Your Banking Career with Reliance Bank Reliance Bank is seeking a detail-oriented and customer-focused Retail Loan Operations Specialist I to join ou... more
6 Days Ago
Lendmark Financial Services, Inc.
SAN ANTONIO, TX
Lendmark Financial Services, Inc. | SAN ANTONIO, TX
At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our employees and their commitment to ... more
2 Days Ago
Lendmark Financial Services, Inc.
SANTA ANA, CA
Lendmark Financial Services, Inc. | SANTA ANA, CA
At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our employees and their commitment to ... more
7 Days Ago
General Dynamics Ordnance
FLORIDA, FL
General Dynamics Ordnance | FLORIDA, FL
Company Overview General Dynamics Ordnance and Tactical Systems (OTS) is a global leader in the design, engineering and production of munitions, energetics... more
1 Day Ago
Delaware Nation Industries
ATLANTA, GA
Delaware Nation Industries | ATLANTA, GA
Description The IT Business Analyst / QA Analyst is primarily responsible for the quality assurance function supporting public health information systems f... more
2 Days Ago
Seven Seas Water Group
FLORIDA, FL
Seven Seas Water Group | FLORIDA, FL
Seven Seas Water Group Seven Seas Water Group ( www.sevenseaswater.com ) is a portfolio company owned by investment funds managed by EQT. Headquartered in ... more
2 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
