Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Loan Processor Assistant in Tennessee is $39,862 per year, which breaks down to an hourly rate of $19.
However, a Loan Processor Assistant's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered HR
Smart Recruiting
Loan Processor Assistant Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $42,719 | $3,560 | $822 | $21 |
| Average | $39,862 | $3,322 | $767 | $19 |
| 25th Percentile | $36,972 | $3,081 | $711 | $18 |
First Bank & Trust Company - Bristol, TN
ORNL Federal Credit Union - Knoxville, TN
Mortgage Investors Group - Knoxville, TN
CrossCountry Mortgage - Chattanooga, TN
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 and company size can directly affect your earning potential.
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:
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:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Business Services | $43,849 | $21.0 | 10% |
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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $42,719 | $3,560 | $822 | $21 |
| Average | $39,862 | $3,322 | $767 | $19 |
| 25th Percentile | $36,972 | $3,081 | $711 | $18 |
Ready to take the next step in your career? Browse thousands of current Loan Processor Assistant job openings on our job board. Use the search bar below to find your perfect match.
Bigfoot Mortgage
Knoxville, TN
Bigfoot Mortgage | Knoxville, TN
Job Description. Job Description. Are you interested in joining a leader in the mortgage industry who offers stability and growth, ongoing training opportu... more
4 Days Ago
Commercial Bank & Trust Co
Paris, TN
Commercial Bank & Trust Co | Paris, TN
Job Description. Job Description. Role. and Responsibilities. Assist in overseeing the daily operations of the Loan Operations department to ensure accurat... more
5 Days Ago
LP Finance
Johnson City, TN
LP Finance | Johnson City, TN
Job Description. Job Description. PRIMARY FUNCTION. The employee in this position is responsible for duties as assigned. The main duties for this position... more
6 Days Ago
Sonic Healthcare USA
Memphis, TN
Lending Hand Mortgage
Madison, TN
Kenco
Chattanooga, TN
Kenco | Chattanooga, TN
Kenco Logistics Forklift Operator. At Kenco Logistics, you're more than just a team memberyou're part of a company that values innovation, integrity, and a... more
2 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
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.
Salary.com's CompAnalyst platform offers:
