How much does a Loan Processor II make in Waltham, MA?
As of April 01, 2025, the average annual salary for a Loan Processor II in Waltham, MA is $53,513. Salary.com reports that pay typically ranges from $48,661 to $58,984, with most professionals earning between $44,242 and $63,964.
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 |
$52,886 |
$4,407 |
$1,017 |
$25 |
Average |
$47,981 |
$3,998 |
$923 |
$23 |
25th Percentile |
$43,630 |
$3,636 |
$839 |
$21 |
How Does Experience Level Affect a Loan Processor II's Salary?
An entry-level Loan Processor II with under 1 year experience makes about $51,920.
With less than 2 years of experience, a mid-level Loan Processor II makes around $52,065.
After 2-4 years, the Loan Processor II pay rises to about $54,901.
Those senior Loan Processor II with 5-8 years of experience earn roughly $56,208, and those Loan Processor II having 8 years or more experience are expected to earn about $56,371 on average.
Levels |
Salary |
Entry Level Loan Processor II
|
$51,920
|
Intermediate Level Loan Processor II
|
$52,065
|
Senior Level Loan Processor II
|
$54,901
|
Specialist Level Loan Processor II
|
$56,208
|
Expert Level Loan Processor II
|
$56,371
|
$51,920
0 yr
$52,065
< 2 yrs
$54,901
2-4 yrs
$56,208
5-8 yrs
$56,371
> 8 yrs
Last Updated on April 01, 2025
Entry Level
|
8%
|
Mid Level
|
9%
|
Senior Level
|
14%
|
Top Level
|
17%
|
Experienced
|
17%
|
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Last Updated on April 01, 2025