How much does a Loan Processor I make in El Paso, TX?
As of March 01, 2025, the average annual salary for a Loan Processor I in El Paso, TX is $38,048. According to Salary.com, salaries can range from a low of $30,066 to a high of $46,440, with most professionals earning between $33,870 and $42,440.
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 March 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$48,726 |
$4,061 |
$937 |
$23 |
Average |
$43,683 |
$3,640 |
$840 |
$21 |
25th Percentile |
$38,886 |
$3,241 |
$748 |
$19 |
Last Updated on March 01, 2025
How Does Experience Level Affect a Loan Processor I's Salary?
An entry-level Loan Processor I with under 1 year experience makes about $37,276.
With less than 2 years of experience, a mid-level Loan Processor I makes around $37,713.
After 2-4 years, the Loan Processor I pay rises to about $38,684.
Those senior Loan Processor I with 5-8 years of experience earn roughly $38,878, and those Loan Processor I having 8 years or more experience are expected to earn about $39,008 on average.
Levels |
Salary |
Entry Level Loan Processor I
|
$37,276
|
Intermediate Level Loan Processor I
|
$37,713
|
Senior Level Loan Processor I
|
$38,684
|
Specialist Level Loan Processor I
|
$38,878
|
Expert Level Loan Processor I
|
$39,008
|
$37,276
0 yr
$37,713
< 2 yrs
$38,684
2-4 yrs
$38,878
5-8 yrs
$39,008
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
15%
|
Mid Level
|
14%
|
Senior Level
|
11%
|
Top Level
|
11%
|
Experienced
|
11%
|
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Last Updated on March 01, 2025