Build a Career You'll Love

Senior Loan Processor Salary in the United States

How much does a Senior Loan Processor make in the United States? The salary range for a Senior Loan Processor job is from $49,535 to $62,618 per year in the United States. Click on the filter to check out Senior Loan Processor job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 01, 2025
$56,253
Per Year
The average salary for a Senior Loan Processor is $56,253
per Year in the United States.
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
$49,535
$56,253
Medium
$62,618

Highest Paying Cities for Senior Loan Processor in the United States

Senior Loan Processor salaries in the United States will pay differently by cities. Below following are the eight cities with the highest income for Senior Loan Processor jobs in the United States. The city with the highest salary is San Jose. Click on the Senior Loan Processor salary in cities you are interested in to view detailed job salary information.

States with Higher Salaries for Senior Loan Processor

The five states where Senior Loan Processor jobs get higher salaries in the United States are: District of Columbia, California, New Jersey, Alaska, and Massachusetts. Compared with the average salary of a Senior Loan Processor in the United States, the state of District of Columbia with the highest job income for this job. The second and third states are California and New Jersey respectively. The high or low salary paid to Senior Loan Processor by the US has a greater relationship with the demand for jobs and the cost of living.

How Much Do Similar Professions Get Paid in the United States?

There are some different titles for Senior Loan Processor jobs, and the job title of Senior Loan Processor will vary in different companies. The job title has a lot to do with the department and responsibilities, and the same job title will vary in different departments. The following list is the salary of jobs similar to Senior Loan Processor, start to view Senior Loan Processor-related jobs you are interested in.
Senior Commercial Loan Processor
Average salary
United States
$55,000
per Year
Senior Consumer Loan Processor
Average salary
United States
$57,700
per Year
Senior Mortgage Loan Processor
Average salary
United States
$57,187
per Year
Entry Consumer Loan Processor
Average salary
United States
$43,700
per Year
Entry Mortgage Loan Processor
Average salary
United States
$45,900
per Year
Loan Processor
Average salary
United States
$48,270
per Year

How Much Should You Be Earning?

Get an estimated calculation of how much you should be earning and insight into your career options.

What Does a Senior Loan Processor Do?

As an FHA originator, processor or underwriter, it’s likely that in the ongoing foreclosure market you’ll run across a HUD REO loan at some point.

December 19, 2021

55% of Loan processors in the United States think their salaries are enough for the cost of living in their area.

December 05, 2021

A senior loan processor oversees the documentation and submission process for residential mortgage loans.

November 25, 2021

"We originally began developing this technology for loan processors when we could not find existing solutions that met their specific needs in the broker channel," explained.

November 06, 2021

Usually, loan processors get paid either for each loan file application executed or through a salary which comes with a bonus for a particular volume of monthly funded loans.

November 04, 2021

Most Common Benefits for Senior Loan Processor

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

Frequently Asked Questions

Common questions about salaries for a Senior Loan Processor
Get a personal salary report to know your salary based on location, education, experience, and other influence factors.
Is this information useful?
Thank you!
As an FHA originator, processor or underwriter, it’s likely that in the ongoing foreclosure market you’ll run across a HUD REO loan at some point.
Is this information useful?
Thank you!
Check the below career pages for detailed pay ranges for similar professions to Senior Loan Processor:
Is this information useful?
Thank you!
Explore our personal salary report to know the Senior Loan Processor market value in the United States. And find out if any places are having a higher Senior Loan Processor salary.
Is this information useful?
Thank you!
The highest Senior Loan Processor salary is $62,618, while the lowest is $49,535 in the United States.
Is this information useful?
Thank you!

Career Insights

What is Pay-for-Performance Compensation?
pay and salary
What is Pay-for-Performance Compensation?
What Is a Salary Grading Scale?
pay and salary
What Is a Salary Grading Scale?
The Gender Pay Gap in America in 2022
pay and salary
Understanding the Gender Pay Gap in America