How much does a Loan Processor II make in Pierre, SD? The average Loan Processor II salary in Pierre, SD is $38,762 as of February 26, 2024, but the range typically falls between $34,622 and $43,674. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

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Loan Processor II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Loan Processor II Salary $30,852 Pierre,SD February 26, 2024
25th Percentile Loan Processor II Salary $34,622 Pierre,SD February 26, 2024
50th Percentile Loan Processor II Salary $38,762 Pierre,SD February 26, 2024
75th Percentile Loan Processor II Salary $43,674 Pierre,SD February 26, 2024
90th Percentile Loan Processor II Salary $48,146 Pierre,SD February 26, 2024
25% $34,622 10% $30,852 90% $48,146 75% $43,674 $38,762 50%(Median) Didn’t find job title? Click
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What skills does a Loan Processor II need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Credit Reports: Credit report is a statement that has information about your credit activity and current credit situation such as loan paying history and the status of your credit accounts. It allows to check for any delinquency in past and present credit accounts.

3.

Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.

Customer Service 9.75%
Credit Reports 1.89%
Mortgage Lending 1.28%
Others 87.08%

Job Description for Loan Processor II

Loan Processor II performs administrative tasks for loan processing. Collects and prepares necessary information required by each loan type and purpose to process and complete loan files. Being a Loan Processor II verifies all documentation for accuracy and completeness. Tracks and monitors due dates. Additionally, Loan Processor II ensures all documents are prepared and finalized in compliance with regulatory policies and procedures. Inputs and maintains all required transaction and processing records according to procedures. Responds to inquiries. Prepares required regulatory reporting. Requires a high school diploma or equivalent. Typically reports to a supervisor. The Loan Processor II works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Loan Processor II typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Loan Processor II in Pierre, SD

Career Path for Loan Processor II

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Loan Processor II, the first career path typically starts with a Loan Processor III position, and then Loan Processing Supervisor.

The second career path typically progresses to Loan Processing Assistant Manager.

Additionally, the third career path typically progresses to Loan Processing Manager.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Loan Processor II salary varies from city to city. Compared with national average salary of Loan Processor II, the highest Loan Processor II salary is in San Francisco, CA, where the Loan Processor II salary is 25.0% above. The lowest Loan Processor II salary is in Miami, FL, where the Loan Processor II salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Average Base Salary

Core compensation

 
 
 
34622
43674
38762

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
35566
45767
40124
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Processor II in Pierre, SD. The base salary for Loan Processor II ranges from $34,622 to $43,674 with the average base salary of $38,762. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $35,566 to $45,767 with the average total cash compensation of $40,124.
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34622
43674

 

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About Pierre, South Dakota    Pierre (/pɪər/; Lakota: čhúŋkaške, "fort") is the capital of the U.S. state of South Dakota and the seat of Hughes County. The population was 13,646 a....More

Pierre, South Dakota  area prices were up 0.8% from a year ago    View the Cost of Living in Pierre, South Dakota

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