How much does a Loan Processor I make in Reno, NV?
As of March 01, 2025, the average annual salary for a Loan Processor I in Reno, NV is $43,901. According to Salary.com, salaries can range from a low of $34,692 to a high of $53,584, with most professionals earning between $39,080 and $48,970.
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 $43,010.
With less than 2 years of experience, a mid-level Loan Processor I makes around $43,515.
After 2-4 years, the Loan Processor I pay rises to about $44,636.
Those senior Loan Processor I with 5-8 years of experience earn roughly $44,860, and those Loan Processor I having 8 years or more experience are expected to earn about $45,009 on average.
Levels |
Salary |
Entry Level Loan Processor I
|
$43,010
|
Intermediate Level Loan Processor I
|
$43,515
|
Senior Level Loan Processor I
|
$44,636
|
Specialist Level Loan Processor I
|
$44,860
|
Expert Level Loan Processor I
|
$45,009
|
$43,010
0 yr
$43,515
< 2 yrs
$44,636
2-4 yrs
$44,860
5-8 yrs
$45,009
> 8 yrs
Last Updated on March 01, 2025
Entry Level
|
2%
|
Mid Level
|
0%
|
Senior Level
|
2%
|
Top Level
|
3%
|
Experienced
|
3%
|
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Last Updated on March 01, 2025