Jr Loan Processor Salaries in the United States
How Much Does a Jr Loan Processor Make?
Updated March 26, 2024
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SELECT STATE
Select State
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- District of Columbia
- Delaware
- Florida
- Georgia
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
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- New Mexico
- Nevada
- New York
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Individually reported data submitted by users of our website
Normal Confidence
$51,385/yr
Average Base Pay
Low $44,889
Average $51,385
High $58,697
The average salary for Jr Loan Processor is $51,385 per year in the United States.
Related Job Titles to Jr Loan Processor
Similar Job Salaries to Jr Loan Processor by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Home Funding Corporation
Jr. loan processor/processor
|
$49,822/yr
|
RANGE: $43,312 - $56,331
|
|
Visio Lending Career Center
Remote Jr. Mortgage Loan Processor
|
$45,917/yr
|
RANGE: $40,465 - $51,368
|
|
Dollar Loan Center
Loan processor
|
$45,552/yr
|
RANGE: $39,978 - $51,127
|
|
Affordable Title Loans
Loan Processor
|
$44,096/yr
|
RANGE: $38,700 - $49,493
|
|
Magnolia Bank
Loan Processor
|
$45,881/yr
|
RANGE: $40,128 - $51,633
|
|
NVR Inc
Loan Processor
|
$44,190/yr
|
RANGE: $38,782 - $49,598
|
|
Block Equity Group
Loan processor
|
$51,516/yr
|
RANGE: $45,212 - $57,821
|
|
Riverfront Communities
Loan Processor
|
$49,497/yr
|
RANGE: $43,440 - $55,554
|
What Does a Jr Loan Processor Do?
The junior loan processor also examines whether the loan applicant has the capacity to pay back the loan and ensures that the loan applicant has reliable streams of income.
Updated December 18, 2021
A junior loan processor requires an associate's degree or a Bachelor of Arts degree in a business-related field such as economics, accounting, business administration or banking.
Updated December 14, 2021
A junior loan processor also helps put together loan packages tailored to fit the needs of loan applicants.
Updated December 12, 2021
The junior loan processor should be competent in using the Internet, since most institutions are starting to receive and process online applications.
Updated December 10, 2021
The junior loan processor then forwards the details of the loan to the loan committee, which either approves or disapproves the loan.
Updated December 10, 2021
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Explore JobArchitectFrequently Asked Questions About a Jr Loan Processor Salaries
What is the average of a Jr Loan Processor in the United States?
The Jr Loan Processor salary range is from $44,889 to $58,697, and the average Jr Loan Processor salary is $51,385/year in the United States.
The Jr Loan Processor's salary will change in different locations.
Which location pays the highest Jr Loan Processor salary in the United States?
The Jr Loan Processor salary in San Jose, CA is $64,488
which is the highest in the US.
What kinds of reasons will influence the Jr 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 Jr Loan Processor.
What is the growth rate of the Jr Loan Processor's salary?
If you are thinking of becoming a Jr Loan Processor or planning the next step in your career, find the detailed salary report of a Jr Loan Processor.
Recent Salary Report
Below are the most recent Jr Loan Processor salary reports. Employer name has been removed to protect anonymity.
$62,601
Yearly
A Jr Loan Processor in Valdosta, GA reported making $62,601 per year
Valdosta, GA
6 - 1,000 employees
Full-Time
Company - Private
$4,244
Monthly
A Jr Loan Processor in Cary, NC reported making $4,244 per month
Cary, NC
1,000 - 3,000 employees
Full-Time
Company - Public
$61,773
Yearly
A Jr Loan Processor in Royal Oak, MI reported making $61,773 per year
Royal Oak, MI
100 - 200 employees
Full-Time
Company - Private
$23
Hourly
A Jr Loan Processor in Poughkeepsie, NY reported making $23 per hour
Poughkeepsie, NY
7,6 - 15,000 employees
Part-Time
Company - Public
$51,385
Yearly
A Jr Loan Processor in Staten Island, NY reported making $51,385 per year
Staten Island, NY
200 - 6 employees
Full-Time
Company - Private
$25
Hourly
A Jr Loan Processor in Rancho Cucamonga, CA reported making $25 per hour
Rancho Cucamonga, CA
3,000 - 7,6 employees
Part-Time
Company - Public
