As of April 01, 2025, the average annual salary for a Loan Processor I in Louisiana is $41,515. According to Salary.com, salaries can range from a low of $35,479 to a high of $48,325, with most professionals earning between $38,355 and $45,079.
| 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 |
An entry-level Loan Processor I with under 1 year experience makes about $41,279. With less than 2 years of experience, a mid-level Loan Processor I makes around $41,621. After 2-4 years, the Loan Processor I pay rises to about $42,419. Those senior Loan Processor I with 5-8 years of experience earn roughly $42,579, and those Loan Processor I having 8 years or more experience are expected to earn about $42,685 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Processor I | $41,279 |
| Intermediate Level Loan Processor I | $41,621 |
| Senior Level Loan Processor I | $42,419 |
| Specialist Level Loan Processor I | $42,579 |
| Expert Level Loan Processor I | $42,685 |
| Entry Level | 5% |
| Mid Level | 5% |
| Senior Level | 3% |
| Top Level | 2% |
| Experienced | 2% |
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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 24.9% above. The lowest Loan Processor I salary is in Miami, FL, where the Loan Processor I salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $54,531 |
24.9%
|
| Washington, DC | $48,344 |
10.7%
|
| Miami, FL | $41,951 |
|
| Chicago, IL | $45,121 |
3.3%
|
| Boston, MA | $48,697 |
11.5%
|
| New York, NY | $50,601 |
15.9%
|
