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

What industry pays the highest salary for Loan Processor Assistant?

The Business Services industry offers the highest average compensation for Loan Processor Assistant roles, with salaries approximately 10% above the market median.

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

A Loan Processor Assistant's salary grows with experience: a Loan Processor Assistant (0-1 years)earns $46,228, a Loan Processor II (1-3 years)earns $51,787, a Loan Processor III (3-5 years)earns $62,788, a Loan Processing Supervisor (5+ years)earns $67,854,

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

Loan Processor Assistant salary varies significantly by city. The top 3 highest paying cities in New York for Loan Processor Assistant roles are San Jose $53,803, San Francisco $53,214, Oakland $52,092.

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

Salaries for Loan Processor Assistant level roles vary by specialization: Loan Processor III: $59,291; Jr Loan Processor: $50,803; Loan Processor II: $48,903; Loan Processor: $47,850; Retail Loan Processor: $47,505.

What specialized skills increase a Loan Processor Assistant's salary?

Skills with high demand and low supply, such as Listening (up to 38% premium), Leadership (up to 28% premium), Pricing (up to 18% premium), directly translate to higher compensation. Employers pay more for these capabilities to gain a competitive edge.

Loan Processor Assistant Salary in Hempstead, NY

How much does a Loan Processor Assistant make in Hempstead, NY?

As of August 01, 2026, the average salary for a Loan Processor Assistant in Hempstead, NY is $46,473 per year, which breaks down to an hourly rate of $22.

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

Top Earners (90th percentile): $52,837
Majority Range (25th-75th percentile): $43,104 to $49,804
Entry-Level (10th percentile): $40,036

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Loan Processor Assistant Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$49,804	$4,150	$958	$24
Average	$46,473	$3,873	$894	$22
25th Percentile	$43,104	$3,592	$829	$21

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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, skills and company size can directly affect your earning potential.

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: $53,803
San Francisco: $53,214
Oakland: $52,092

San Jose, CA $53,803

San Francisco, CA $53,214

Oakland, CA $52,092

New York, NY $49,114

Paramus, NJ $48,517

Queens Village, NY $48,515

Passaic, NJ $48,474

Bergenfield, NJ $48,471

Stamford, CT $48,377

Huntington, NY $48,359

Newark, NJ $48,044

Bridgeport, CT $47,954

Vallejo, CA $47,869

New Brunswick, NJ $47,852

Petaluma, CA $47,826

Middlesex, NJ $47,745

Somerset, NJ $47,716

Santa Cruz, CA $47,660

Boston, MA $47,400

Monterey, CA $47,250

Seattle, WA $47,152

Santa Rosa, CA $47,144

Los Angeles, CA $47,131

Juneau, AK $47,020

Washington, DC $46,973

Orange, CA $46,821

Santa Ana, CA $46,709

Long Beach, CA $46,666

Anaheim, CA $46,658

Anchorage, AK $46,636

Santa Maria, CA $46,508

Everett, WA $46,500

Danbury, CT $46,350

Bremerton, WA $46,291

Tacoma, WA $46,137

New Suffolk, NY $46,136

Sacramento, CA $46,124

Santa Barbara, CA $46,078

Trenton, NJ $46,031

San Diego, CA $46,031

Brockton, MA $45,984

Fairbanks, AK $45,879

Lompoc, CA $45,770

Lowell, MA $45,736

Ventura, CA $45,728

Nashua, NH $45,719

Stockton, CA $45,715

Modesto, CA $45,404

Poughkeepsie, NY $45,310

Olympia, WA $45,229

Kennewick, WA $45,229

New Haven, CT $45,212

Lawrence, MA $45,058

Hartford, CT $45,015

Riverside, CA $45,007

New Bedford, MA $44,964

Richland, WA $44,964

Bakersfield, CA $44,904

San Bernardino, CA $44,887

New Britain, CT $44,883

Atlantic City, NJ $44,883

New London, CT $44,866

Norwich, CT $44,853

Portsmouth, NH $44,845

Boulder, CO $44,754

Portland, OR $44,695

Worcester, MA $44,691

Minneapolis, MN $44,559

Philadelphia, PA $44,499

Honolulu, HI $44,358

Saint Paul, MN $44,338

Vineland, NJ $44,329

Providence, RI $44,205

Chicago, IL $44,081

Bellingham, WA $44,030

Springfield, MA $43,996

Baltimore, MD $43,983

Chico, CA $43,876

Pittsfield, MA $43,761

Manchester, NH $43,680

Spokane, WA $43,493

Denver, CO $43,488

Albany, NY $43,288

Troy, NY $43,271

Nassau, NY $43,225

Schenectady, NY $43,181

Wilmington, DE $43,147

Burlington, VT $43,087

Salem, OR $43,070

Portland, ME $42,938

Yakima, WA $42,895

Rochester, MN $42,763

Reno, NV $42,742

Fresno, CA $42,742

Milwaukee, WI $42,703

Detroit, MI $42,661

Ann Arbor, MI $42,654

Allentown, PA $42,648

Colorado Springs, CO $42,575

Syracuse, NY $42,554

Carson City, NV $42,554

Houston, TX $42,494

Eugene, OR $42,473

Gary, IN $42,422

Springfield, OR $42,388

Bismarck, ND $42,379

Galveston, TX $42,349

Medford, OR $42,285

Fort Collins, CO $42,268

Concord, NH $42,247

Austin, TX $42,234

Mesa, AZ $42,145

Reading, PA $42,140

Phoenix, AZ $42,136

Dallas, TX $42,123

Saint Cloud, MN $42,082

Madison, WI $42,025

Utica, NY $41,910

Rochester, NY $41,842

Des Moines, IA $41,837

Raleigh, NC $41,833

Atlanta, GA $41,769

Battle Creek, MI $41,756

Salt Lake City, UT $41,744

Lancaster, PA $41,680

Harrisburg, PA $41,620

Kansas City, MO $41,577

Champaign, IL $41,569

Kansas City, KS $41,569

Fort Worth, TX $41,564

Columbus, OH $41,557

Boca Raton, FL $41,547

Pittsburgh, PA $41,530

Richmond, VA $41,513

Indianapolis, IN $41,505

Cleveland, OH $41,501

Las Vegas, NV $41,449

Cincinnati, OH $41,449

Petersburg, VA $41,385

Huntsville, AL $41,321

Lansing, MI $41,293

Lebanon, PA $41,287

Pueblo, CO $41,283

Appleton, WI $41,270

Buffalo, NY $41,253

Dayton, OH $41,240

Racine, WI $41,232

Charlotte, NC $41,228

Saint Louis, MO $41,215

York, PA $41,189

Elkhart, IN $41,189

Gastonia, NC $41,181

Billings, MT $41,171

Beaumont, TX $41,159

Lorain, OH $41,151

Benton Harbor, MI $41,142

Toledo, OH $41,134

Binghamton, NY $41,112

Rock Hill, SC $41,108

Rockford, IL $41,087

Springfield, IL $41,070

Elyria, OH $41,065

Fargo, ND $41,065

Flagstaff, AZ $41,036

Fort Lauderdale, FL $41,010

Duluth, MN $40,984

Miami, FL $40,984

Cheyenne, WY $40,955

Grand Forks, ND $40,955

Bangor, ME $40,861

Cedar Rapids, IA $40,814

Durham, NC $40,796

Louisville, KY $40,792

Grand Rapids, MI $40,784

Hialeah, FL $40,780

Casper, WY $40,720

Scranton, PA $40,669

New Orleans, LA $40,656

Virginia Beach, VA $40,652

Akron, OH $40,630

Peoria, IL $40,575

Sarasota, FL $40,566

Nashville, TN $40,536

Omaha, NE $40,536

Green Bay, WI $40,536

Baton Rouge, LA $40,515

Charleston, SC $40,507

Jamestown, NY $40,485

Davenport, IA $40,485

Tucson, AZ $40,464

Saint Petersburg, FL $40,438

Tampa, FL $40,430

Evansville, IN $40,404

Port Arthur, TX $40,404

Bradenton, FL $40,387

Santa Fe, NM $40,310

Orlando, FL $40,234

Clearwater, FL $40,221

Canton, OH $40,131

La Crosse, WI $40,131

Albuquerque, NM $40,106

Newport News, VA $40,101

High Point, NC $40,089

Ogden, UT $40,072

Corpus Christi, TX $40,037

Norfolk, VA $40,012

Laramie, WY $40,012

Rock Island, IL $39,986

Saginaw, MI $39,978

Jacksonville, FL $39,973

Salisbury, NC $39,965

Boise, ID $39,956

Moline, IL $39,935

Fort Myers, FL $39,922

Memphis, TN $39,914

Tulsa, OK $39,892

Waterloo, IA $39,867

Spartanburg, SC $39,824

Lincoln, NE $39,803

Fort Wayne, IN $39,794

Provo, UT $39,790

Cedar Falls, IA $39,739

San Antonio, TX $39,722

Greensboro, NC $39,705

South Bend, IN $39,700

Savannah, GA $39,653

Muskegon, MI $39,636

Birmingham, AL $39,632

Winston Salem, NC $39,611

Lake Charles, LA $39,508

Anderson, IN $39,500

Lexington, KY $39,487

Augusta, GA $39,474

Greenville, SC $39,474

Lima, OH $39,440

Wichita, KS $39,436

Tuscaloosa, AL $39,436

Columbia, SC $39,398

Springfield, OH $39,389

Asheville, NC $39,321

Bloomington, IN $39,291

Knoxville, TN $39,137

Shreveport, LA $39,133

Wilmington, NC $39,078

Roanoke, VA $39,078

Topeka, KS $39,001

Frankfort, KY $38,996

Oklahoma City, OK $38,967

Chillicothe, OH $38,950

Longview, TX $38,945

Melbourne, FL $38,941

Sioux Falls, SD $38,873

Mobile, AL $38,869

Terre Haute, IN $38,852

Altoona, PA $38,826

Amarillo, TX $38,796

Killeen, TX $38,783

Fayetteville, AR $38,749

Chattanooga, TN $38,736

Sioux City, IA $38,698

Idaho Falls, ID $38,689

Lynchburg, VA $38,655

Gainesville, FL $38,600

Portsmouth, OH $38,579

Little Rock, AR $38,570

Lafayette, LA $38,553

Youngstown, OH $38,553

Daytona Beach, FL $38,527

Clarksville, TN $38,523

Pensacola, FL $38,519

Temple, TX $38,516

Hopkinsville, KY $38,391

Erie, PA $38,382

Florence, SC $38,365

Charleston, WV $38,297

Great Falls, MT $38,276

Macon, GA $38,216

Tallahassee, FL $38,212

Fayetteville, NC $38,203

Waco, TX $38,195

Helena, MT $38,165

Pine Bluff, AR $38,149

Vincennes, IN $38,097

Lubbock, TX $38,079

Alamogordo, NM $38,054

Twin Falls, ID $38,015

Rapid City, SD $38,003

Jackson, MS $37,926

Huntington, WV $37,923

Greenville, MS $37,922

Parkersburg, WV $37,878

Montgomery, AL $37,870

Wichita Falls, TX $37,828

Springfield, MO $37,828

Biloxi, MS $37,806

Monroe, LA $37,764

Johnstown, PA $37,734

Sumter, SC $37,717

Columbus, GA $37,713

Pascagoula, MS $37,632

Abilene, TX $37,632

Kingsport, TN $37,521

Albany, GA $37,521

Gulfport, MS $37,508

Alexandria, LA $37,367

Fort Smith, AR $37,260

El Paso, TX $37,145

Las Cruces, NM $36,953

Harlingen, TX $36,845

Pocatello, ID $36,838

Florence, AL $36,783

Brownsville, TX $36,774

Mcallen, TX $36,685

Dothan, AL $36,625

Columbus, MS $36,371

Altus, OK $36,173

Lawton, OK $36,092

Pierre, SD $35,938

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	$64,133	38%
Leadership	$59,486	28%
Pricing	$54,839	18%
Underwriting	$52,515	13%
Coordination	$50,656	9%
Verbal Communication	$50,191	8%

Get Latest Data

Loan Processor Assistant Salary by Industry: Top Paying Sectors

For Loan Processor Assistant roles, the industry you choose can impact your earning potential by as much as 20% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Business Services, offers compensation 10% above the average. Conversely, Loan Processor Assistant positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view Loan Processor Assistant as a support function rather than a direct revenue driver.

The top paying industry for a Loan Processor Assistant

Industry Sector	Average Annual Salary	Average Hourly Rate	Pay vs.Avg
Business Services	$51,121	$25.0	10%

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 August 01, 2026

$43,104

Average $46,473/year

$49,804

$3,592

Average $3,873/month

$4,150

$829

Average $894/week

$958

$21

Average $22/hour

$24

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$49,804	$4,150	$958	$24
Average	$46,473	$3,873	$894	$22
25th Percentile	$43,104	$3,592	$829	$21

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