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Loan Processor Manager Salary in Minnesota

How much does a Loan Processor Manager make in Minnesota? The salary range for a Loan Processor Manager job is from $84,033 to $116,931 per year in Minnesota. Click on the filter to check out Loan Processor Manager job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 01, 2025
$103,194
Per Year
The average salary for a Loan Processor Manager is $103,194
per Year in Minnesota.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$84,033
$103,194
Medium
$116,931

Highest Paying Cities for Loan Processor Manager in Minnesota

Here are the top eight that pay the highest Loan Processor Manager salary in MN. Due to the cost of living in different locations, the Loan Processor Manager salary will also be different. Minneapolis with the highest wage for the Loan Processor Manager in Minnesota has a high living wage too. Explore more salary information by clicking the city name.

States with Higher Salaries for Loan Processor Manager

Loan Processor Manager works in Minnesota will receive the highest salary in the United States, followed by California, New Jersey. These states have more job opportunities than other places. At the same time, the competition will be fiercer too. People need to improve their competitiveness to get a job in these cities.

How Much Do Similar Professions Get Paid in Minnesota?

The Loan Processor Manager jobs have a lot of different directions. And, the job title can also be quite different from in diverse companies. Some job titles may not include the Loan Processor Manager, while they have the Loan Processor Manager responsibilities. So, here are some similar jobs and their salaries. Click the link which you are interested in to explore more data.
Account Manager/Loan Processor
Average salary
United States
$71,610
per Year
Senior Commercial Loan Processor
Average salary
United States
$56,200
per Year
Loan Processor
Average salary
United States
$49,380
per Year
Loan Processor Assistant
Average salary
United States
$45,072
per Year
Mortgage Loan Processor
Average salary
United States
$47,384
per Year
Consumer Loan Processor
Average salary
United States
$44,321
per Year

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What Does a Loan Processor Manager Do?

Assuming the loan is approved, the processor will receive a list of prior-to-document conditions (PTDs) that must be met before loan documents are released by the bank.

December 21, 2021

Recruit, hire, onboard, train, direct, lead, and manage daily activities of mortgage loan processors, processing assistants and other team members.

December 11, 2021

Found a job posting for “Mortgage Loan Processor Trainee” and mentions no real estate experience needed.

December 10, 2021

We will outline all the major steps needed to be completed by a loan processor in order to ensure a successful loan package.

December 08, 2021

There are similar professions to loan officers, including loan processors, mortgage loan originators, and underwriters.

December 06, 2021

Most Common Benefits for Loan Processor Manager

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Loan Processor Manager
Get a personal salary report to know Which factors can influence Loan Processor Manager salary.
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Assuming the loan is approved, the processor will receive a list of prior-to-document conditions (PTDs) that must be met before loan documents are released by the bank.
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Check the below career pages for detailed pay ranges for similar professions to Loan Processor Manager:
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Hopkins pays the highest Loan Processor Manager wage. Get personal salary report to explore more salary information in different cities.
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The Loan Processor Manager salary range is $84,033 to $116,931 in MN.
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