Entry Level Loan Processor Salaries in Passaic, NJ
How Much Does an Entry Level Loan Processor Make in Passaic, NJ?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Entry Level Loan Processor in Passaic, NJ is $51,033.
While Salary.com is seeing that Entry Level Loan Processor salary in Passaic, NJ can go up to $64,329
or down to $37,102, but most earn between $43,741 and $57,993.
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
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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)
|
$59,586/yr
|
RANGE: $53,723 - $65,449
|
|
NVR Inc
Loan Processor
|
$60,638/yr
|
RANGE: $54,534 - $66,743
|
|
BD Capital
Loan Processor
|
$65,362/yr
|
RANGE: $58,782 - $71,942
|
|
22nd Century Technologies
Loan Processor
|
$79,557/yr
|
RANGE: $71,318 - $87,796
|
|
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
|
$66,476/yr
|
RANGE: $59,783 - $73,169
|
|
OceanFirst Financial Corporation
MORTGAGE LOAN PROCESSOR
|
$61,357/yr
|
RANGE: $55,179 - $67,534
|
|
Leverage Companies
Analyst (Non-QM Loan Processor)
|
$79,037/yr
|
RANGE: $71,192 - $86,882
|
|
Procom Services
US - Loan Processor - Residential Mortgage III
|
$72,792/yr
|
RANGE: $65,740 - $79,845
|
|
McCarthy & Holthus
Invoice Processor - Entry Level
|
$47,125/yr
|
RANGE: $42,468 - $51,782
|
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
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Explore JobArchitectFrequently Asked Questions About an Entry Level Loan Processor Salaries
What is the average of an Entry Level Loan Processor in Passaic, NJ?
The Entry Level Loan Processor salary range is from $43,741 to $57,993, and the average Entry Level Loan Processor salary is $51,033/year in Passaic, NJ.
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 $56,344
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.
