Real Estate Loan Processor Salary in Minnesota

How much does a Real Estate Loan Processor make in Minnesota?

As of October 01, 2026, the average salary for a Real Estate Loan Processor in Minnesota is $112,759 per year, which breaks down to an hourly rate of $54.

However, a Real Estate Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $145,617
  • Majority Range (25th-75th percentile): $101,220 to $129,958
  • Entry-Level (10th percentile): $90,713

Key Factors That Influence Real Estate Loan Processor Salaries

A Real Estate Loan Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Real Estate Loan Processor Salaries?

Experience is a primary driver of a Real Estate Loan Processor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

  • Entry-Level (less than 1 year): $98,511
  • Early Career (1-2 years): $115,164
  • Mid-Level (2-4 years): $149,733
  • Senior-Level (5-8 years): $167,852
  • Expert (over 8 years): $194,729
Levels Salary
Commercia... Level Real Estate Loan Processor$98,511
Real Esta... Level Real Estate Loan Processor$115,164
Commercia... Level Real Estate Loan Processor$149,733
Commercia... Level Real Estate Loan Processor$167,852
Commercia... Level Real Estate Loan Processor$194,729

Top Paying Cities for Real Estate Loan Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • Conger: $107,958
  • Courtland: $107,836
  • Darfur: $107,281

Real Estate Loan Processor Salary by Industry: Top Paying Sectors

For Real Estate Loan Processor roles, the industry you choose can affect earning potential by as much as 100% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Edu., Gov't. & Nonprofit sectors offer the strongest compensation, at 50% above the average. In contrast, Real Estate Loan Processor positions in Insurance or Business Services typically offer lower base pay, as these industries often view Real Estate Loan Processor as a support function rather than a direct revenue driver.

The top paying industries for a Real Estate Loan Processor

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services$169,139$81.050%
Edu., Gov't. & Nonprofit$135,311$65.020%

Real Estate Loan Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Real Estate Loan Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on October 01, 2026
$101,220
Average $112,759/year
$129,958
$8,435
Average $9,397/month
$10,830
$1,947
Average $2,168/week
$2,499
$49
Average $54/hour
$62
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $129,958 $10,830 $2,499 $62
Average $112,759 $9,397 $2,168 $54
25th Percentile $101,220 $8,435 $1,947 $49

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Where Does Our Salary Data Come From?

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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