How Much Does an Auto Loan Processor Make in New Jersey?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Auto Loan Processor in New Jersey is $51,706. While Salary.com is seeing that Auto Loan Processor salary in NJ can go up to $61,450 or down to $40,672, but most earn between $45,930 and $56,806. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Auto Loan Processor
Loan Processor
$52,379
New Jersey
Per Year
Loan Processor I
$47,527
New Jersey
Per Year
Loan Processor II
$52,107
New Jersey
Per Year
Loan Processor III
$62,724
New Jersey
Per Year
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Similar Job Salaries to Auto Loan Processor by Company

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Company average base salary in (usd) range
$74,095/yr
$63,313
$84,877
RANGE: $63,313 - $84,877
RKV Staffing
Loan Officer Assistant/Processor
$72,719/yr
$62,621
$82,816
RANGE: $62,621 - $82,816
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
$76,794/yr
$65,115
$88,472
RANGE: $65,115 - $88,472
Sea View Mortgage
Loan Officer/Processor Assistant
$72,144/yr
$62,126
$82,162
RANGE: $62,126 - $82,162
Lobel Financial
Auto Loan Processor
$70,803/yr
$60,972
$80,635
RANGE: $60,972 - $80,635
TD
Consumer Loan Processor III - Home Equity
$66,470/yr
$57,221
$75,719
RANGE: $57,221 - $75,719
Sandia Area
Loan processor
$60,014/yr
$51,680
$68,347
RANGE: $51,680 - $68,347
Bank of Coushatta
Loan Processor
$62,409/yr
$53,315
$71,502
RANGE: $53,315 - $71,502
Lincoln National Bank
Loan Processor
$54,630/yr
$47,346
$61,913
RANGE: $47,346 - $61,913

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Top 10 Highest Paying Cities For Auto Loan Processor Jobs in New Jersey

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Auto Loan Processor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Auto Loan Processor job salaries in New Jersey. Some cities can pay higher salaries for Auto Loan Processor jobs, which can indicate that there is a large demand for Auto Loan Processor positions in this city.
The following table shows top 10 cities where the Auto Loan Processor salary is higher than other cities in New Jersey. Jersey City takes first place in this list, followed by Union City, Hoboken. The Auto Loan Processor salary is $55,102 in Jersey City, which is higher than the national average. There are 33 cities' Auto Loan Processor salary higher than national average in New Jersey.
The average salary for an Auto Loan Processor in New Jersey is $51,706, but we found that the city with the highest salary for Auto Loan Processor jobs is Jersey City, NJ, and it is higher than Union City. Auto Loan Processor jobs in Jersey City can have the opportunity to earn higher salaries than in other cities in New Jersey.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Jersey City $55,102 $4,592 $1,060 $26
Union City $55,102 $4,592 $1,060 $26
Hoboken $55,102 $4,592 $1,060 $26
West New York $55,102 $4,592 $1,060 $26
Paramus $54,348 $4,529 $1,045 $26
Paterson $54,300 $4,525 $1,044 $26
Clifton $54,300 $4,525 $1,044 $26
Passaic $54,300 $4,525 $1,044 $26
Bloomfield $54,300 $4,525 $1,044 $26
Wayne $54,300 $4,525 $1,044 $26

What Does an Auto Loan Processor Do?

In addition, the formulas consider your income and assets without taking many common forms of consumer debt into account, such as credit card balances and auto loans.
Updated October 17, 2021
Simply select one of our recommended Loan Processor training courses from the list above, or use the search box by selecting "Loan Processor" from the "Professional Development" section of the search box.
Updated October 14, 2021
The interest rate reduction for Auto Pay will be available only while your loan is enrolled in Auto Pay.
Updated December 22, 2021
Interest rate incentives for utilizing Auto Pay may not be combined with certain private student loan repayment programs that also offer an interest rate reduction.
Updated December 16, 2021
The Loan Processor then works with the Mortgage Underwriter to get and/or verify any additional information needed to approve the loan.
Updated December 15, 2021

Frequently Asked Questions About an Auto Loan Processor Salaries

What is the average of an Auto Loan Processor in New Jersey?

The Auto Loan Processor salary range is from $45,930 to $56,806, and the average Auto Loan Processor salary is $51,706/year in New Jersey. The Auto Loan Processor's salary will change in different locations.

Which location pays the highest Auto Loan Processor salary in the United States?

The Auto Loan Processor salary in San Jose, CA is $59,207 which is the highest in the US.

What kinds of reasons will influence the Auto Loan Processor's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Auto Loan Processor.

What is the growth rate of the Auto Loan Processor's salary?

If you are thinking of becoming an Auto Loan Processor or planning the next step in your career, find the detailed salary report of an Auto Loan Processor.