Loan Processor III Salaries in Canada
Alternate Job Titles: Lending Processor III, Senior Consumer Loan Processor
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How much does a Loan Processor III in Canada make? The median annual Loan Processor III salary in Canada is C$68,077, as of June 25, 2026, with a range usually between C$59,412-C$74,993 not including bonus and benefit information and other factors that impact base pay. However, the salary for someone with the title Loan Processor III may vary depending on a number of factors including industry, company size, location, years of experience and level of education. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Loan Processor III in Canada.
This chart describes the expected percentage of people who perform the job of Loan Processor III that make less than that annual salary. For example the median expected annual pay for a typical Loan Processor III in Canada is C$68,077, so 50% of the people who perform the job of Loan Processor III in Canada are expected to make less than C$68,077.
Source: HR Reported data as of June 25, 2026
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This chart describes the expected percentage of people who perform the job of Loan Processor III in , that make less than that salary. For example 50% of the people who perform the job of Loan Processor III in are expected to make less than the median.
Source: HR Reported data as of June 25, 2026
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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 independently within established procedures associated with the specific job function. Has gained proficiency in multiple competencies relevant to the job. Typically requires 3-5 years of related experience. View full job description
View Banking Jobs by Salary Range: <$30K, $30K–$50K, $50K–$80K, $80K–$100K, >$100K
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- Loan Processor III Salaries with a High School Diploma or Technical Certificate
- Loan Processor III Salaries with an Associate's Degree
- Loan Processor III Salaries with a Bachelor's Degree
- Loan Processor III Salaries with a Master's Degree or MBA
- Loan Processor III Salaries with a JD, MD, PhD or Equivalent