What are the main factors that influence a Loan Processor Assistant's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change a Loan Processor Assistant's salary?

A Loan Processor Assistant's salary grows with experience: starting around $42,202 for beginners, reaching about $43,201 at mid-level, and approach $43,426 for experts.

What are the highest paying states for a Loan Processor Assistant?

Loan Processor Assistant salary varies significantly by state. The top 3 highest paying states for Loan Processor Assistant roles are District of Columbia $47,235, California $47,056, Massachusetts $46,428. These tech hubs typically pay 10-15% above the national average.

How much do different types of Loan Processor Assistant roles make?

Salaries for Loan Processor Assistant level roles vary by specialization: Business Loan Processor: $59,690; Commercial Loan Processor: $59,681; Loan Processor III: $59,222; Junior Loan Processor: $56,563; Loan Processor II: $48,893.

How do different companies affect a Loan Processor Assistant's salary?

Company size, industry, and compensation structure create significant salary variations for Loan Processor Assistant roles. Large, established industry leaders like Kpmg Us LLP ($114,295) and Warner Bros Discovery ($114,096) offer base salaries 35-40% above the national average. In contrast, smaller firms or startups may offer closer to $88,138.

Loan Processor Assistant Salary in the United States

How much does a Loan Processor Assistant make in the United States?

As of January 01, 2026, the average salary for a Loan Processor Assistant in the United States is $42,661 per year, which breaks down to an hourly rate of $21.

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

Top Earners (90th percentile): $48,504
Majority Range (25th-75th percentile): $39,573 to $45,720
Entry-Level (10th percentile): $36,761

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Loan Processor Assistant Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$45,720	$3,810	$879	$22
Average	$42,661	$3,555	$820	$21
25th Percentile	$39,573	$3,298	$761	$19

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Key Factors That Influence Loan Processor Assistant Salaries

A Loan Processor Assistant'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, education and company size can directly affect your earning potential.

How Experience Level Affects Loan Processor Assistant Salaries?

Experience is a primary driver of a Loan Processor Assistant'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): $42,202
Early Career (1-2 years): $42,526
Mid-Level (2-4 years): $43,201
Senior-Level (5-8 years): $43,336
Expert (over 8 years): $43,426

Levels	Salary
Entry Level Loan Processor Assistant	$42,202
Intermediate Level Loan Processor Assistant	$42,526
Senior Level Loan Processor Assistant	$43,201
Specialist Level Loan Processor Assistant	$43,336
Expert Level Loan Processor Assistant	$43,426

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What Am I Worth?

How Do Loan Processor Assistant Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Loan Processor Assistants. For example, consider the average annual salaries in these key locations:

District of Columbia: $47,235.
California: $47,056.
Massachusetts: $46,428.

District of Columbia $47,235 California $47,056 Massachusetts $46,428 Washington $46,258 New Jersey $46,241 Alaska $46,181 Connecticut $45,592 New York $45,353

Hawaii $44,590 Rhode Island $44,231 Maryland $43,988 Minnesota $43,655 Colorado $43,527 Illinois $43,485 Oregon $43,323 Delaware $43,203

New Hampshire $43,128 Virginia $42,960 Pennsylvania $42,469 Nevada $42,222 North Dakota $42,141 Michigan $42,013 Wisconsin $41,966 Vermont $41,872

Texas $41,612 Maine $41,595 Arizona $41,569 Ohio $41,539 Georgia $41,147 Indiana $40,951 Wyoming $40,912 Utah $40,853

Iowa $40,827 Kansas $40,622 Louisiana $40,562 North Carolina $40,541 Missouri $40,533 Florida $40,366 Montana $40,277 Nebraska $40,191

Kentucky $40,144 South Carolina $39,974 Tennessee $39,867 Idaho $39,824 New Mexico $39,513 Oklahoma $39,445 Alabama $39,193 South Dakota $38,771

Arkansas $38,540 West Virginia $38,417 Mississippi $38,045

Top Paying Cities for Loan Processor Assistants

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:

San Jose: $53,809
San Francisco: $53,280
Oakland: $52,098

San Jose, CA $53,809

San Francisco, CA $53,280

Oakland, CA $52,098

New York, NY $49,440

Queens Village, NY $49,120

Paramus, NJ $48,779

Passaic, NJ $48,736

Bergenfield, NJ $48,694

Stamford, CT $48,630

Huntington, NY $48,587

Newark, NJ $48,310

Bridgeport, CT $48,224

New Brunswick, NJ $48,084

Vallejo, CA $47,994

Middlesex, NJ $47,968

Somerset, NJ $47,930

Petaluma, CA $47,832

Santa Cruz, CA $47,666

Boston, MA $47,580

Monterey, CA $47,367

Fairbanks, AK $47,337

Los Angeles, CA $47,256

Washington, DC $47,235

Seattle, WA $47,158

Santa Rosa, CA $47,149

Juneau, AK $47,026

Orange, CA $46,885

Anchorage, AK $46,808

Anaheim, CA $46,778

Santa Ana, CA $46,714

Nassau, NY $46,689

Long Beach, CA $46,672

Danbury, CT $46,659

Santa Maria, CA $46,514

Everett, WA $46,505

Bremerton, WA $46,296

Trenton, NJ $46,215

Sacramento, CA $46,198

San Diego, CA $46,177

Brockton, MA $46,160

Tacoma, WA $46,143

Santa Barbara, CA $46,083

Lowell, MA $45,912

New Suffolk, NY $45,895

Nashua, NH $45,844

Lompoc, CA $45,776

Ventura, CA $45,733

Stockton, CA $45,720

New Haven, CT $45,635

Atlantic City, NJ $45,524

Hartford, CT $45,430

Modesto, CA $45,409

Poughkeepsie, NY $45,315

New Britain, CT $45,294

Olympia, WA $45,234

Kennewick, WA $45,234

New London, CT $45,225

Norwich, CT $45,213

Lawrence, MA $45,191

Bakersfield, CA $45,072

Riverside, CA $45,012

New Bedford, MA $45,012

Richland, WA $44,969

Portsmouth, NH $44,935

Vineland, NJ $44,927

San Bernardino, CA $44,893

Boulder, CO $44,773

Worcester, MA $44,739

Portland, OR $44,701

Saint Paul, MN $44,649

Minneapolis, MN $44,649

Philadelphia, PA $44,590

Honolulu, HI $44,364

Springfield, MA $44,214

Providence, RI $44,210

Chicago, IL $44,086

Bellingham, WA $44,035

Baltimore, MD $43,988

Chico, CA $43,882

Wilmington, DE $43,809

Pittsfield, MA $43,766

Manchester, NH $43,685

Spokane, WA $43,498

Denver, CO $43,493

Albany, NY $43,293

Troy, NY $43,276

Schenectady, NY $43,186

Burlington, VT $43,092

Portland, ME $42,943

Salem, OR $42,909

Yakima, WA $42,900

Ann Arbor, MI $42,888

Rochester, MN $42,768

Fresno, CA $42,747

Reno, NV $42,747

Milwaukee, WI $42,708

Detroit, MI $42,666

Allentown, PA $42,653

Carson City, NV $42,649

Houston, TX $42,585

Colorado Springs, CO $42,580

Syracuse, NY $42,559

Eugene, OR $42,478

Bismarck, ND $42,427

Gary, IN $42,427

Galveston, TX $42,427

Springfield, OR $42,393

Medford, OR $42,290

Fort Collins, CO $42,273

Austin, TX $42,239

Mesa, AZ $42,149

Phoenix, AZ $42,141

Dallas, TX $42,128

Reading, PA $42,103

Saint Cloud, MN $42,085

Concord, NH $42,047

Madison, WI $42,030

Utica, NY $41,915

Raleigh, NC $41,881

Las Vegas, NV $41,876

Rochester, NY $41,847

Des Moines, IA $41,842

Atlanta, GA $41,774

Battle Creek, MI $41,761

Salt Lake City, UT $41,748

Lancaster, PA $41,684

Champaign, IL $41,676

Harrisburg, PA $41,625

Durham, NC $41,586

Kansas City, MO $41,582

Kansas City, KS $41,574

Fort Worth, TX $41,569

Boca Raton, FL $41,552

Cleveland, OH $41,548

Columbus, OH $41,539

Pittsburgh, PA $41,535

Richmond, VA $41,518

Indianapolis, IN $41,510

Cincinnati, OH $41,454

Petersburg, VA $41,390

Billings, MT $41,296

Lansing, MI $41,296

Huntsville, AL $41,296

Lebanon, PA $41,292

Dayton, OH $41,288

Pueblo, CO $41,288

Appleton, WI $41,275

Buffalo, NY $41,258

Racine, WI $41,237

Charlotte, NC $41,232

Saint Louis, MO $41,219

Springfield, IL $41,202

Elkhart, IN $41,194

York, PA $41,194

Gastonia, NC $41,190

Benton Harbor, MI $41,190

Beaumont, TX $41,164

Lorain, OH $41,155

Toledo, OH $41,138

Binghamton, NY $41,117

Rock Hill, SC $41,113

Rockford, IL $41,091

Fargo, ND $41,070

Elyria, OH $41,070

Flagstaff, AZ $41,040

Fort Lauderdale, FL $41,015

Miami, FL $40,989

Duluth, MN $40,921

Bangor, ME $40,865

Cedar Rapids, IA $40,818

Louisville, KY $40,797

Grand Rapids, MI $40,789

Hialeah, FL $40,784

Casper, WY $40,725

Scranton, PA $40,673

New Orleans, LA $40,661

Virginia Beach, VA $40,656

Akron, OH $40,635

Peoria, IL $40,580

Sarasota, FL $40,571

Green Bay, WI $40,541

Baton Rouge, LA $40,520

Charleston, SC $40,511

Nashville, TN $40,498

Jamestown, NY $40,490

Davenport, IA $40,490

Tucson, AZ $40,469

Cheyenne, WY $40,456

Saint Petersburg, FL $40,443

Tampa, FL $40,434

Omaha, NE $40,426

Port Arthur, TX $40,409

Evansville, IN $40,409

Bradenton, FL $40,392

Santa Fe, NM $40,315

Orlando, FL $40,272

Clearwater, FL $40,225

Canton, OH $40,136

La Crosse, WI $40,136

Grand Forks, ND $40,123

Albuquerque, NM $40,110

Tulsa, OK $40,110

Newport News, VA $40,106

High Point, NC $40,093

Ogden, UT $40,076

Corpus Christi, TX $40,042

Laramie, WY $40,016

Norfolk, VA $40,016

Rock Island, IL $39,991

Saginaw, MI $39,982

Jacksonville, FL $39,978

Salisbury, NC $39,969

Memphis, TN $39,961

Moline, IL $39,940

Fort Myers, FL $39,927

Waterloo, IA $39,871

Spartanburg, SC $39,829

Lincoln, NE $39,807

Fort Wayne, IN $39,799

Birmingham, AL $39,752

Cedar Falls, IA $39,743

Provo, UT $39,739

Springfield, OH $39,735

San Antonio, TX $39,726

Greensboro, NC $39,709

South Bend, IN $39,705

Winston Salem, NC $39,701

Boise, ID $39,688

Savannah, GA $39,658

Muskegon, MI $39,581

Lima, OH $39,530

Lake Charles, LA $39,513

Anderson, IN $39,504

Lexington, KY $39,492

Augusta, GA $39,479

Greenville, SC $39,479

Wichita, KS $39,440

Tuscaloosa, AL $39,440

Columbia, SC $39,402

Bloomington, IN $39,295

Roanoke, VA $39,270

Asheville, NC $39,214

Knoxville, TN $39,142

Shreveport, LA $39,138

Wilmington, NC $39,082

Frankfort, KY $39,001

Oklahoma City, OK $38,971

Chillicothe, OH $38,954

Longview, TX $38,950

Topeka, KS $38,937

Mobile, AL $38,873

Terre Haute, IN $38,856

Erie, PA $38,852

Altoona, PA $38,830

Melbourne, FL $38,818

Amarillo, TX $38,801

Killeen, TX $38,788

Fayetteville, AR $38,754

Sioux Falls, SD $38,724

Chattanooga, TN $38,698

Idaho Falls, ID $38,694

Gainesville, FL $38,604

Portsmouth, OH $38,583

Little Rock, AR $38,574

Lynchburg, VA $38,574

Lafayette, LA $38,557

Youngstown, OH $38,557

Temple, TX $38,540

Daytona Beach, FL $38,532

Clarksville, TN $38,528

Pensacola, FL $38,523

Hopkinsville, KY $38,395

Charleston, WV $38,391

Florence, SC $38,370

Sioux City, IA $38,344

Macon, GA $38,220

Tallahassee, FL $38,216

Fayetteville, NC $38,208

Waco, TX $38,199

Wichita Falls, TX $38,199

Pine Bluff, AR $38,182

Vincennes, IN $38,101

Lubbock, TX $38,084

Great Falls, MT $38,058

Alamogordo, NM $38,054

Abilene, TX $38,020

Rapid City, SD $37,964

Monroe, LA $37,964

Albany, GA $37,939

Huntington, WV $37,935

Jackson, MS $37,930

Greenville, MS $37,926

Parkersburg, WV $37,883

Montgomery, AL $37,875

Johnstown, PA $37,866

Springfield, MO $37,832

Biloxi, MS $37,811

Sumter, SC $37,721

Columbus, GA $37,717

Twin Falls, ID $37,691

Pascagoula, MS $37,636

Kingsport, TN $37,525

Gulfport, MS $37,512

Alexandria, LA $37,371

Fort Smith, AR $37,265

El Paso, TX $37,150

Helena, MT $37,094

Las Cruces, NM $36,958

Harlingen, TX $36,838

Pocatello, ID $36,800

Florence, AL $36,787

Brownsville, TX $36,778

Dothan, AL $36,710

Mcallen, TX $36,689

Columbus, MS $36,373

Altus, OK $36,177

Lawton, OK $36,096

Pierre, SD $35,942

What Skills Can Increase a Loan Processor Assistant's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 10.13% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.88% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.35% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	10.13%
Data Entry	2.88%
Loan Review	1.35%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Loan Processor Assistant's salary.

Listening: Can increase your salary by up to 38%.
Leadership: Can increase your salary by up to 28%.
Pricing: Can increase your salary by up to 18%.

Skill	Salary	Salary % Increase
Listening	$58,873	38%
Leadership	$54,607	28%
Pricing	$50,340	18%
Underwriting	$48,207	13%
Coordination	$46,501	9%
Verbal Communication	$46,074	8%

Get Latest Data

How Education impacts a Loan Processor Assistant's Salary?

Your level of education can impact your salary potential. While many Loan Processor Assistants enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Loan Processor Assistant with a High School Diploma or Technical Certificate is between $39,683 and $42,442).

Loan Processor Assistant Salaries by Degree Level

Typical Education for Loan Processor Assistant

No Diploma 2.7%

High School 34.5%

Associates 15.9%

Bachelors 45.1%

Masters 1.8%

Doctorate 0.0%

view as table

Degree Level	% of user with this level of education
No Diploma	2.7%
High School	34.5%
Associates	15.9%
Bachelors	45.1%
Masters	1.8%
Doctorate	0.0%

view as graph

Loan Processor Assistant Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Loan Processor Assistant'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 January 01, 2026

$39,573

Average $42,661/year

$45,720

$3,298

Average $3,555/month

$3,810

$761

Average $820/week

$879

$19

Average $21/hour

$22

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$45,720	$3,810	$879	$22
Average	$42,661	$3,555	$820	$21
25th Percentile	$39,573	$3,298	$761	$19

Salaries of jobs related to Loan Processor Assistant

Salary Trends for Loan Processor Assistant

Salaries for a Loan Processor Assistant can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $40,051 in 2023 to around $39,858 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Loan Processor Assistant salary trends, .

Average Annual Salary of Loan Processor Assistant Over Time

2022

$???

2023

$40,051

2024

$40,090

2025

$39,858

2026

$???

2027

$???

Year	Average Annual Salary
2022	View More
2023	$40,051
2024	$40,090
2025	$39,858
2026	View More
2027	View More

Most common benefits for Loan Processor Assistant

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Where Does Our Salary Data Come From?

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