How Much Does an Entry Level Loan Processor Make in Raleigh, NC?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Entry Level Loan Processor in Raleigh, NC is $43,267. While Salary.com is seeing that Entry Level Loan Processor salary in Raleigh, NC can go up to $54,530 or down to $31,461, but most earn between $37,087 and $49,162. 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
$41,934
Raleigh, NC
Per Year
Entry Mortgage Loan Processor
$44,400
Raleigh, NC
Per Year
Entry Consumer Loan Processor
$42,300
Raleigh, NC
Per Year
Intermediate Consumer Loan Processor
$46,400
Raleigh, NC
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
RCN Capital
Entry Level Loan Officer
$67,217/yr
$57,411
$77,023
RANGE: $57,411 - $77,023
No Limit LLC
Loan Processor (Entry Level)
$60,668/yr
$52,227
$69,110
RANGE: $52,227 - $69,110
NVR Inc
Loan Processor
$62,248/yr
$53,604
$70,892
RANGE: $53,604 - $70,892
Wells Fargo
Lead Loan Documentation Processor
$62,548/yr
$53,508
$71,588
RANGE: $53,508 - $71,588
Mutual of Omaha Mortgage
Mortgage Loan Processor - Reverse
$65,920/yr
$55,895
$75,945
RANGE: $55,895 - $75,945
Raleigh Mortgage Group
Mortgage Loan Processor
$66,260/yr
$56,184
$76,336
RANGE: $56,184 - $76,336
Epic Finance, LLC
Office Admin/Receptionist/Loan Processor
$43,597/yr
$38,478
$48,716
RANGE: $38,478 - $48,716
Four Point Capital Advisors
Loan Associate - Entry Level
$62,434/yr
$53,747
$71,121
RANGE: $53,747 - $71,121
Franklin First Federal Credit Union
Entry Level Loan Associate
$70,145/yr
$58,511
$81,779
RANGE: $58,511 - $81,779
Advisors Mortgage Group, LLC.-CCS
Loan Officer- Entry Level
$100,606/yr
$81,145
$120,067
RANGE: $81,145 - $120,067

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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 Raleigh, NC?

The Entry Level Loan Processor salary range is from $37,087 to $49,162, and the average Entry Level Loan Processor salary is $43,267/year in Raleigh, NC. 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.