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As of August 01, 2026, the average salary for a Loan Processor in California is $52,778 per year, which breaks down to an hourly rate of $25.
However, a Loan Processor's salary can vary significantly. Here’s a look at the typical salary range:
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Loan Processor Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $58,102 | $4,842 | $1,117 | $28 |
| Average | $52,778 | $4,398 | $1,015 | $25 |
| 25th Percentile | $48,770 | $4,064 | $938 | $23 |
Equis Staffing - Los Angeles, CA
CrossCountry Mortgage - San Diego, CA
Triad Financial Services Inc - Anaheim, CA
Boutique Recruiting - Irvine, CA
A 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.
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 Processors. 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 roles, the industry you choose can impact your earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Financial Services, offers compensation 30% above the average. Conversely, Loan Processor positions in Business Services typically offer lower base pay, as this sector often view Loan Processor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $68,611 | $33.0 | 30% |
Understanding how a 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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $58,102 | $4,842 | $1,117 | $28 |
| Average | $52,778 | $4,398 | $1,015 | $25 |
| 25th Percentile | $48,770 | $4,064 | $938 | $23 |
Ready to take the next step in your career? Browse thousands of current Loan Processor job openings on our job board. Use the search bar below to find your perfect match.
US Realty & Mortgage Inc
Whittier, CA
US Realty & Mortgage Inc | Whittier, CA
Job Description. Job Description. LOOKING FOR PART-TIME TO FULL TIME. NOT A REMOTE JOB. Willing to drive to Whittier, CA daily. . We are looking for a HIGH... more
7 Days Ago
Arixa Capital
Los Angeles, CA
Arixa Capital | Los Angeles, CA
Job Description. Job Description. Company Overview. Arixa Capital is a leading private real estate lender and alternative investment manager with over $8 b... more
8 Days Ago
Westamerica Bank
Suisun, CA
Westamerica Bank | Suisun, CA
Job Description. Job Description. Description. Westamerica is among the largest commercial banks headquartered in California. We are looking for outstandin... more
5 Days Ago
Westamerica Bank
Suisun, CA
Westamerica Bank | Suisun, CA
Job Description. Job Description. Description. Westamerica is among the largest commercial banks headquartered in California. We are looking for outstandin... more
5 Days Ago
Westamerica Bank
Fairfield, CA
Westamerica Bank | Fairfield, CA
Job Title. Westamerica is among the largest commercial banks headquartered in California. We are looking for outstanding people to join our winning team. W... more
6 Days Ago
Westamerica Bank
Fairfield, CA
Westamerica Bank | Fairfield, CA
Job Title. Loan Processor l / Consumer Payment Processing. Westamerica is among the largest commercial banks headquartered in California. We are looking fo... more
8 Days Ago
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