How much does a Loan Processor I make in El Cajon, CA?
As of April 01, 2025, the average annual salary for a Loan Processor I in El Cajon, CA is $47,121. According to Salary.com, salaries can range from a low of $40,270 to a high of $54,851, with most professionals earning between $43,535 and $51,167.
How much does a Loan Processor I make by hour, week, month, and 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.
Click the switch button below to see more details about Loan Processor I hourly pay, weekly pay, monthly pay and so on.
Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$47,412 |
$3,951 |
$912 |
$23 |
Average |
$43,663 |
$3,639 |
$840 |
$21 |
25th Percentile |
$40,340 |
$3,362 |
$776 |
$19 |
How Does Experience Level Affect a Loan Processor I's Salary?
An entry-level Loan Processor I with under 1 year experience makes about $46,853.
With less than 2 years of experience, a mid-level Loan Processor I makes around $47,242.
After 2-4 years, the Loan Processor I pay rises to about $48,148.
Those senior Loan Processor I with 5-8 years of experience earn roughly $48,329, and those Loan Processor I having 8 years or more experience are expected to earn about $48,450 on average.
Levels |
Salary |
Entry Level Loan Processor I
|
$46,853
|
Intermediate Level Loan Processor I
|
$47,242
|
Senior Level Loan Processor I
|
$48,148
|
Specialist Level Loan Processor I
|
$48,329
|
Expert Level Loan Processor I
|
$48,450
|
$46,853
0 yr
$47,242
< 2 yrs
$48,148
2-4 yrs
$48,329
5-8 yrs
$48,450
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
7%
|
Mid Level
|
8%
|
Senior Level
|
10%
|
Top Level
|
11%
|
Experienced
|
11%
|
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Last Updated on April 01, 2025