As of March 01, 2025, the average annual salary for a Loan Processor I in Pennsylvania is $43,576. According to Salary.com, salaries can range from a low of $37,240 to a high of $50,724, with most professionals earning between $40,259 and $47,317.
| 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 $43,328. With less than 2 years of experience, a mid-level Loan Processor I makes around $43,687. After 2-4 years, the Loan Processor I pay rises to about $44,525. Those senior Loan Processor I with 5-8 years of experience earn roughly $44,693, and those Loan Processor I having 8 years or more experience are expected to earn about $44,804 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Processor I | $43,328 |
| Intermediate Level Loan Processor I | $43,687 |
| Senior Level Loan Processor I | $44,525 |
| Specialist Level Loan Processor I | $44,693 |
| Expert Level Loan Processor I | $44,804 |
| Entry Level | 1% |
| Mid Level | 0% |
| Senior Level | 2% |
| Top Level | 2% |
| Experienced | 3% |
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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 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 | $54,579 |
25.0%
|
| Washington, DC | $48,597 |
11.3%
|
| Miami, FL | $42,135 |
|
| Chicago, IL | $45,802 |
4.9%
|
| Boston, MA | $48,946 |
12.1%
|
| New York, NY | $50,998 |
16.8%
|
