How Much Does an Entry Level Loan Processor Make in Connecticut?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Entry Level Loan Processor in Connecticut is $47,660. While Salary.com is seeing that Entry Level Loan Processor salary in CT can go up to $60,066 or down to $34,655, but most earn between $40,853 and $54,154. 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 Entry Level Loan Processor
Entry Level Processor
$46,192
Connecticut
Per Year
Entry Mortgage Loan Processor
$49,000
Connecticut
Per Year
Entry Consumer Loan Processor
$46,600
Connecticut
Per Year
Intermediate Consumer Loan Processor
$51,100
Connecticut
Per Year
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Similar Job Salaries to Entry Level Loan Processor by Company

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Company average base salary in (usd) range
Northpoint Mortgage
Entry Level Mortgage Loan Opener
$97,616/yr
$78,098
$117,134
RANGE: $78,098 - $117,134
360 Federal Credit Union
Consumer Loan Processor
$73,490/yr
$63,643
$83,337
RANGE: $63,643 - $83,337
Tomo
Mortgage Loan Processor
$81,690/yr
$68,939
$94,441
RANGE: $68,939 - $94,441
Masis Professional Group
Mortgage Loan Processor
$70,223/yr
$60,004
$80,441
RANGE: $60,004 - $80,441
Business Development Firm
Entry Level Management Assistant
$86,979/yr
$77,280
$96,679
RANGE: $77,280 - $96,679
Business Development Firm
Entry Level Account Manager
$119,973/yr
$98,423
$141,522
RANGE: $98,423 - $141,522
EXL
Entry-level Insurance Specialist
$74,009/yr
$66,669
$81,349
RANGE: $66,669 - $81,349
Blue Harbor Group Inc
Entry Level Account Representative
$55,014/yr
$48,607
$61,421
RANGE: $48,607 - $61,421
Kimberly-Clark
Entry Level Operator -Logistics
$73,504/yr
$63,135
$83,873
RANGE: $63,135 - $83,873
Interconvey Pact
Entry Level Communications Assistant
$101,725/yr
$89,867
$113,582
RANGE: $89,867 - $113,582

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Top 10 Highest Paying Cities For Entry Level Loan Processor Jobs in Connecticut

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Entry Level 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 Entry Level Loan Processor job salaries in Connecticut. Some cities can pay higher salaries for Entry Level Loan Processor jobs, which can indicate that there is a large demand for Entry Level Loan Processor positions in this city.
The following table shows top 10 cities where the Entry Level Loan Processor salary is higher than other cities in Connecticut. Stamford takes first place in this list, followed by Norwalk, Greenwich. The Entry Level Loan Processor salary is $50,944 in Stamford, which is higher than the national average. There are 21 cities' Entry Level Loan Processor salary higher than national average in Connecticut.
The average salary for an Entry Level Loan Processor in Connecticut is $47,660, but we found that the city with the highest salary for Entry Level Loan Processor jobs is Stamford, CT, and it is higher than Norwalk. Entry Level Loan Processor jobs in Stamford can have the opportunity to earn higher salaries than in other cities in Connecticut.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Stamford $50,944 $4,245 $980 $24
Norwalk $50,944 $4,245 $980 $24
Greenwich $50,944 $4,245 $980 $24
Bridgeport $50,279 $4,190 $967 $24
Fairfield $50,279 $4,190 $967 $24
Milford $50,279 $4,190 $967 $24
Stratford $50,279 $4,190 $967 $24
Danbury $48,859 $4,072 $940 $23
New Haven $47,882 $3,990 $921 $23
Hamden $47,882 $3,990 $921 $23

What Does an Entry Level Loan Processor Do?

To become an entry-level mortgage loan processor, you need a high school diploma or equivalent and be familiar with the mortgage loan process.
Updated November 27, 2021
Loan processors must communicate regularly with loan officers and lenders to complete the loan process.
Updated November 25, 2021
Entry-level mortgage loan processors work under the supervision of senior employees to review loan documents and move them forward to the next stage.
Updated November 24, 2021
Because this is an entry-level position, companies do not expect candidates to have work experience, but any previous roles related to the industry, such as working for a bank, is helpful.
Updated November 17, 2021
Entry-level role for Big4Bank in Parramatta | Next to station | WFH 3 days after training | Interview NOW .
Updated November 01, 2021

Frequently Asked Questions About an Entry Level Loan Processor Salaries

What is the average of an Entry Level Loan Processor in Connecticut?

The Entry Level Loan Processor salary range is from $40,853 to $54,154, and the average Entry Level Loan Processor salary is $47,660/year in Connecticut. The Entry Level Loan Processor's salary will change in different locations.

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

The Entry Level Loan Processor salary in San Jose, CA is $55,693 which is the highest in the US.

What kinds of reasons will influence the Entry Level 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 Entry Level Loan Processor.

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

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