How much does a Loan Processor II make in Merrimack, NH?
As of April 01, 2025, the average annual salary for a Loan Processor II in Merrimack, NH is $51,521. Salary.com reports that pay typically ranges from $46,207 to $56,888, with most professionals earning between $41,369 and $61,774.
How much does a Loan Processor II make by hour, week, month, and year?
Salary.com provides you with accurate and diversified Loan Processor II 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 II hourly pay, weekly pay, monthly pay and so on.
Last Updated on April 01, 2025
|
Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
75th Percentile |
$52,938 |
$4,412 |
$1,018 |
$25 |
Average |
$47,944 |
$3,995 |
$922 |
$23 |
25th Percentile |
$42,999 |
$3,583 |
$827 |
$21 |
Last Updated on April 01, 2025
How Does Experience Level Affect a Loan Processor II's Salary?
An entry-level Loan Processor II with under 1 year experience makes about $49,109.
With less than 2 years of experience, a mid-level Loan Processor II makes around $49,266.
After 2-4 years, the Loan Processor II pay rises to about $52,174.
Those senior Loan Processor II with 5-8 years of experience earn roughly $53,438, and those Loan Processor II having 8 years or more experience are expected to earn about $53,596 on average.
Levels |
Salary |
Entry Level Loan Processor II
|
$49,109
|
Intermediate Level Loan Processor II
|
$49,266
|
Senior Level Loan Processor II
|
$52,174
|
Specialist Level Loan Processor II
|
$53,438
|
Expert Level Loan Processor II
|
$53,596
|
$49,109
0 yr
$49,266
< 2 yrs
$52,174
2-4 yrs
$53,438
5-8 yrs
$53,596
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
2%
|
Mid Level
|
3%
|
Senior Level
|
9%
|
Top Level
|
11%
|
Experienced
|
12%
|
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Last Updated on April 01, 2025