As of April 01, 2025, the average annual salary for a Loan Processor III in Ohio is $54,566. Salary.com reports that pay typically ranges from $49,763 to $60,129, with most professionals earning between $45,390 and $65,193.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $61,753 | $5,146 | $1,188 | $30 |
| Average | $56,040 | $4,670 | $1,078 | $27 |
| 25th Percentile | $51,107 | $4,259 | $983 | $25 |
An entry-level Loan Processor III with under 1 year experience makes about $52,415. With less than 2 years of experience, a mid-level Loan Processor III makes around $52,989. After 2-4 years, the Loan Processor III pay rises to about $54,064. Those senior Loan Processor III with 5-8 years of experience earn roughly $56,227, and those Loan Processor III having 8 years or more experience are expected to earn about $57,721 on average.
| Levels | Salary |
|---|---|
| Entry Level Loan Processor III | $52,415 |
| Intermediate Level Loan Processor III | $52,989 |
| Senior Level Loan Processor III | $54,064 |
| Specialist Level Loan Processor III | $56,227 |
| Expert Level Loan Processor III | $57,721 |
| Entry Level | 6% |
| Mid Level | 5% |
| Senior Level | 4% |
| Top Level | 0% |
| Experienced | 3% |
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Loan Processor III salary varies from city to city. Compared with national average salary of Loan Processor III, the highest Loan Processor III salary is in San Francisco, CA, where the Loan Processor III salary is 24.9% above. The lowest Loan Processor III salary is in Miami, FL, where the Loan Processor III salary is 3.9% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $69,988 |
24.9%
|
| Washington, DC | $62,047 |
10.7%
|
| Miami, FL | $53,843 |
|
| Chicago, IL | $57,912 |
3.3%
|
| Boston, MA | $62,501 |
11.5%
|
| New York, NY | $64,945 |
15.9%
|
