Ontario Loan Processor III Salaries

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

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Loan Processor III's Annual Base Salary
Job Title Salary Location Date Updated
Loan Processor III C$72,290 Hamilton, ON June 25, 2026
Loan Processor III C$72,501 Kitchener, ON June 25, 2026
Loan Processor III C$72,059 London, ON June 25, 2026
Loan Processor III C$74,210 Oshawa, ON June 25, 2026
Loan Processor III C$64,332 Ottawa, ON June 25, 2026
Loan Processor III C$69,651 Sudbury, ON June 25, 2026
Loan Processor III C$71,310 Thunder Bay, ON June 25, 2026
Loan Processor III C$70,663 Toronto, ON June 25, 2026
Loan Processor III C$73,858 Windsor, ON June 25, 2026
Job Openings for Loan Processor III 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 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.

      Alternate Job Titles: Lending Processor III,Senior Consumer Loan Processor
      Categories: Banking , Accounting , Financial Services