As of April 01, 2025, the average annual salary for a Loan Processor II in District of Columbia is $53,125. Salary.com reports that pay typically ranges from $48,307 to $58,555, with most professionals earning between $43,921 and $63,500.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $52,886 | $4,407 | $1,017 | $25 |
| Average | $47,981 | $3,998 | $923 | $23 |
| 25th Percentile | $43,630 | $3,636 | $839 | $21 |
An entry-level Loan Processor II with under 1 year experience makes about $51,543. With less than 2 years of experience, a mid-level Loan Processor II makes around $51,687. After 2-4 years, the Loan Processor II pay rises to about $54,503. Those senior Loan Processor II with 5-8 years of experience earn roughly $55,799, and those Loan Processor II having 8 years or more experience are expected to earn about $55,962 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Processor II | $51,543 |
| Intermediate Level Loan Processor II | $51,687 |
| Senior Level Loan Processor II | $54,503 |
| Specialist Level Loan Processor II | $55,799 |
| Expert Level Loan Processor II | $55,962 |
| Entry Level | 7% |
| Mid Level | 8% |
| Senior Level | 14% |
| Top Level | 16% |
| Experienced | 17% |
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Loan Processor II salary varies from city to city. Compared with national average salary of Loan Processor II, the highest Loan Processor II salary is in San Francisco, CA, where the Loan Processor II salary is 24.9% above. The lowest Loan Processor II salary is in Miami, FL, where the Loan Processor II salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $59,923 |
24.9%
|
| Washington, DC | $53,125 |
10.7%
|
| Miami, FL | $46,100 |
|
| Chicago, IL | $49,584 |
3.3%
|
| Boston, MA | $53,513 |
11.5%
|
| New York, NY | $55,605 |
15.9%
|
