Ontario Loan Processor II Salaries

    • How much does a Loan Processor II make in Ontario? Ontario Loan Processor II salaries vary greatly from town to town. See below for Loan Processor II salaries, bonus and benefits information for 9 cities in the Ontario area.

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Loan Processor II's Annual Base Salary
Job Title Salary Location Date Updated
Loan Processor II C$60,090 Hamilton, ON June 25, 2026
Loan Processor II C$60,266 Kitchener, ON June 25, 2026
Loan Processor II C$59,898 London, ON June 25, 2026
Loan Processor II C$61,686 Oshawa, ON June 25, 2026
Loan Processor II C$53,475 Ottawa, ON June 25, 2026
Loan Processor II C$57,896 Sudbury, ON June 25, 2026
Loan Processor II C$59,276 Thunder Bay, ON June 25, 2026
Loan Processor II C$58,738 Toronto, ON June 25, 2026
Loan Processor II C$61,393 Windsor, ON June 25, 2026
Job Openings for Loan Processor II in Ontario
    • Processes loan applications by verifying borrower information and ensuring completeness and accuracy of documentation before approval. Reviews loan files to confirm income, credit history, asset documentation, and collateral details in accordance with lending guidelines and regulatory standards. Communicates with borrowers, loan officers, and underwriters to obtain missing documentation and clarify application details. Prepares loan packages for underwriting review and ensures all required documents are properly organized and submitted. Maintains accurate records in loan processing systems and monitors application status to ensure timely progression through the approval process. Tracks and monitors due dates and responds to borrower inquiries. Requires a high school diploma. Typically reports to a supervisor. Works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. Typically requires 1-3 years of related experience.

      Alternate Job Titles: Intermediate Consumer Loan Processor,Lending Processor II
      Categories: Banking , Accounting , Financial Services