What are the main factors that influence a Loan Processor II's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Loan Processor 's salary?

A Loan Processor 's salary grows with experience: a Loan Processor I (0-1 years)earns $44,211, a Loan Processor II (1-3 years)earns $49,517, a Loan Processor III (3-5 years)earns $59,994, a Loan Processing Supervisor (5+ years)earns $64,838,

What are the highest paying states for a Loan Processor II?

Loan Processor II salary varies significantly by state. The top 3 highest paying states for Loan Processor II roles are District of Columbia $54,138, California $53,932, Massachusetts $53,214. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Processor roles make?

Salaries for Loan Processor level roles vary by specialization: Business Loan Processor: $59,790; Commercial Loan Processor: $59,707; Loan Processor III: $59,242; Junior Loan Processor: $56,587; Mortgage Loan Processor II: $50,130.

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Loan Processor II Salary in Delaware

How much does a Loan Processor II make in Delaware?

As of March 01, 2026, the average salary for a Loan Processor II in Delaware is $49,517 per year, which breaks down to an hourly rate of $24.

However, a Loan Processor II's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $58,991
Majority Range (25th-75th percentile): $45,757 to $54,476
Entry-Level (10th percentile): $42,333

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Loan Processor II Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,476	$4,540	$1,048	$26
Average	$49,517	$4,126	$952	$24
25th Percentile	$45,757	$3,813	$880	$22

You may get higher pay by adjusting the following factors:

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Check out Loan Processor II Job Openings in Delaware

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Key Factors That Influence Loan Processor II Salaries

A Loan Processor II's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Loan Processor Salaries?

Experience is a primary driver of a Loan Processor II's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Loan Processor I (0-1 years): $44,211
Loan Processor II (1-3 years): $49,517
Loan Processor III (3-5 years): $59,994
Loan Processing Supervisor (5+ years): $64,838

Job Role	Years of Experience	Average Salary
Loan Processor I	0-1 years	$44,211
Loan Processor II	1-3 years	$49,517
Loan Processor III	3-5 years	$59,994
Loan Processing Supervisor	5+ years	$64,838

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What Am I Worth?

How Do Loan Processor II Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Processor IIs. For example, consider the average annual salaries in these key locations:

District of Columbia: $54,138.
California: $53,932.
Massachusetts: $53,214.

District of Columbia $54,138 California $53,932 Massachusetts $53,214 Washington $53,018 New Jersey $52,998 Alaska $52,930 Connecticut $52,255 New York $51,981

Hawaii $51,106 Rhode Island $50,695 Maryland $50,417 Minnesota $50,035 Colorado $49,889 Illinois $49,840 Oregon $49,654 Delaware $49,517

New Hampshire $49,431 Virginia $49,238 Pennsylvania $48,676 Nevada $48,392 North Dakota $48,299 Michigan $48,153 Wisconsin $48,099 Vermont $47,991

Texas $47,693 Maine $47,674 Arizona $47,644 Ohio $47,610 Georgia $47,160 Indiana $46,935 Wyoming $46,891 Utah $46,823

Iowa $46,793 Kansas $46,559 Louisiana $46,490 North Carolina $46,466 Missouri $46,456 Florida $46,265 Montana $46,163 Nebraska $46,065

Kentucky $46,011 South Carolina $45,816 Tennessee $45,693 Idaho $45,644 New Mexico $45,287 Oklahoma $45,209 Alabama $44,921 South Dakota $44,437

Arkansas $44,173 West Virginia $44,031 Mississippi $43,605

Top Paying Cities for Loan Processor IIs

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Lincoln: $51,248
Little Creek: $50,774
Magnolia: $50,984

Lincoln, DE $51,248 Little Creek, DE $50,774 Magnolia, DE $50,984 Milford, DE $51,248 Marydel, DE $50,583 Millsboro, DE $51,248 Millville, DE $51,590 Milton, DE $51,248

Nassau, DE $51,248 Ocean View, DE $51,590 Rehoboth Beach, DE $51,590 Seaford, DE $50,710 Selbyville, DE $51,590 Smyrna, DE $50,524 Viola, DE $50,984 Woodside, DE $50,837

Bear, DE $50,153 Newark, DE $50,172 Claymont, DE $50,211 Delaware City, DE $50,172 Hockessin, DE $50,211 Kirkwood, DE $50,172 Middletown, DE $50,422 Montchanin, DE $50,211

New Castle, DE $50,211 Odessa, DE $50,490 Port Penn, DE $50,035 Rockland, DE $50,211 Saint Georges, DE $50,172 Townsend, DE $50,417 Winterthur, DE $50,211 Lewes, DE $51,248

Wilmington, DE $50,211 Dover, DE $50,749 Dover Afb, DE $50,867 Bethany Beach, DE $51,590 Bethel, DE $50,710 Bridgeville, DE $51,248 Camden Wyoming, DE $50,803 Cheswold, DE $50,632

Clayton, DE $50,505 Dagsboro, DE $51,590 Delmar, DE $50,710 Ellendale, DE $51,248 Felton, DE $51,248 Fenwick Island, DE $51,590 Frankford, DE $51,590 Frederica, DE $51,248

Georgetown, DE $51,248 Greenwood, DE $51,248 Harbeson, DE $51,248 Harrington, DE $51,248 Hartly, DE $50,480 Houston, DE $51,248 Kenton, DE $50,505 Laurel, DE $50,710

Yorklyn, DE $50,211

Loan Processor II Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Processor II's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on March 01, 2026

$45,757

Average $49,517/year

$54,476

$3,813

Average $4,126/month

$4,540

$880

Average $952/week

$1,048

$22

Average $24/hour

$26

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$54,476	$4,540	$1,048	$26
Average	$49,517	$4,126	$952	$24
25th Percentile	$45,757	$3,813	$880	$22

Loan Processor II Salary Growth & Career Path

Loan Processor II

Loan Processor III

Loan Processing Assistant Manager

Loan Processing Manager

Loan Processing Supervisor

Promotions are the fastest way to increase your earnings. As a Loan Processor II, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.

Loan Processor II Salary Growth and Career Path
Next Step Role	Estimate Salary	Projected Raise
Loan Processor III	$59,994	21%
Loan Processing Assistant Manager	$74,260	50%
Loan Processing Manager	$98,081	98%

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