How Much Does an Entry Level Loan Processor Make in Lafayette, LA?

Updated February 01, 2025
As of February 01, 2025, the average annual pay of Entry Level Loan Processor in Lafayette, LA is $40,640. While Salary.com is seeing that Entry Level Loan Processor salary in Lafayette, LA can go up to $51,224 or down to $29,560, but most earn between $34,841 and $46,180. 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
$39,415
Lafayette, LA
Per Year
Entry Mortgage Loan Processor
$41,800
Lafayette, LA
Per Year
Entry Consumer Loan Processor
$39,800
Lafayette, LA
Per Year
Intermediate Consumer Loan Processor
$43,600
Lafayette, LA
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
Latitude Inc
Loan Processor (Entry Level)
$66,170/yr
$56,962
$75,377
RANGE: $56,962 - $75,377
Latitude Inc
Entry Level Loan Processor
$68,748/yr
$58,551
$78,945
RANGE: $58,551 - $78,945
VirtualVocations
Mortgage Loan Processor
$64,884/yr
$55,017
$74,751
RANGE: $55,017 - $74,751
XPLORE FEDERAL CREDIT UNION
Mortgage Loan Processor
$55,355/yr
$48,001
$62,708
RANGE: $48,001 - $62,708
New American Funding
Junior Loan Processor - Entry Level Mortgage Job
$66,298/yr
$57,100
$75,497
RANGE: $57,100 - $75,497
DSLD Homes
Mortgage Loan Processor - Lafayette, LA
$60,154/yr
$51,400
$68,907
RANGE: $51,400 - $68,907
DILLARD UNIVERSITY
Admissions Data Entry Processor (Full-Time)
$84,409/yr
$68,921
$99,897
RANGE: $68,921 - $99,897
$44,232/yr
$38,795
$49,668
RANGE: $38,795 - $49,668
Lynx Therapeutics
Specimen Processor - Entry Level
$110,779/yr
$92,828
$128,730
RANGE: $92,828 - $128,730
McCarthy & Holthus
Invoice Processor - Entry Level
$48,801/yr
$41,769
$55,832
RANGE: $41,769 - $55,832

Open Entry Level Loan Processor Jobs in Lafayette, LA

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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 Lafayette, LA?

The Entry Level Loan Processor salary range is from $34,841 to $46,180, and the average Entry Level Loan Processor salary is $40,640/year in Lafayette, LA. 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 $55,925 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.