What is the highest and lowest pay for Loan Processor I?
As of December 01, 2024, the average annual pay of Loan Processor I in CA is $47,831. While Salary.com is seeing that the highest pay for Loan Processor I in California can go up to $58,378 and the lowest down to $37,793, but most earn between $42,577 and $53,352. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Loan Processor I in the United States.
View Loan Processor I Salary by Hour, Week, Month, Year
Salary.com provides you with accurate and diversified Loan Processor I salary data based on specialized databases to help you get a fairer salary.
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Last Updated on December 01, 2024
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$48,370 |
$4,031 |
$930 |
$23 |
Average |
$43,364 |
$3,614 |
$834 |
$21 |
25th Percentile |
$38,601 |
$3,217 |
$742 |
$19 |
Last Updated on December 01, 2024
View Loan Processor I Salary by Experience Levels
An entry-level Loan Processor I with under 1 year experience makes about $47,204.
With less than 2 years of experience, a mid-level Loan Processor I makes around $47,759.
After 2-4 years, the Loan Processor I pay rises to about $48,988.
Those senior Loan Processor I with 5-8 years of experience earn roughly $49,234, and those Loan Processor I having 8 years or more experience are expected to earn about $49,398 on average.
Levels |
Salary |
Entry Level Loan Processor I
|
$47,204
|
Intermediate Level Loan Processor I
|
$47,759
|
Senior Level Loan Processor I
|
$48,988
|
Specialist Level Loan Processor I
|
$49,234
|
Expert Level Loan Processor I
|
$49,398
|
$47,204
0 yr
$47,759
< 2 yrs
$48,988
2-4 yrs
$49,234
5-8 yrs
$49,398
> 8 yrs
Last Updated on December 01, 2024
Entry Level
|
9%
|
Mid Level
|
10%
|
Senior Level
|
13%
|
Top Level
|
14%
|
Experienced
|
14%
|
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Last Updated on December 01, 2024
View Loan Processor I Pay Difference by Location
Loan Processor I salary varies from city to city.
Compared with national average salary of Loan Processor I, the highest Loan Processor I salary is in San Francisco, CA, where the Loan Processor I salary is 25.0% above.
The lowest Loan Processor I salary is in Miami, FL, where the Loan Processor I salary is 3.5% lower than national average salary.
City, State |
Price |
Compared to national average |
San Francisco, CA
|
$54,206 |
|
Washington, DC
|
$48,265 |
|
Miami, FL
|
$41,847 |
|
Chicago, IL
|
$45,489 |
|
Boston, MA
|
$48,612 |
|
New York, NY
|
$50,650 |
|