How Much Does a Jr Loan Processor Make in Anchorage, AK?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Jr Loan Processor in Anchorage, AK is $60,273. While Salary.com is seeing that Jr Loan Processor salary in Anchorage, AK can go up to $78,601 or down to $43,980, but most earn between $51,745 and $69,866. 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 Jr Loan Processor
Loan Processor
$53,193
Anchorage, AK
Per Year
Loan Processor I
$48,138
Anchorage, AK
Per Year
Loan Processor II
$52,783
Anchorage, AK
Per Year
Loan Processor III
$63,534
Anchorage, AK
Per Year
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Similar Job Salaries to Jr Loan Processor by Company

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Company average base salary in (usd) range
Northern Skies FCU
Loan Processor
$70,886/yr
$61,042
$80,729
RANGE: $61,042 - $80,729
Spirit of Alaska Federal Credit Union
Consumer Loan Processor
$70,528/yr
$60,714
$80,342
RANGE: $60,714 - $80,342
Credit Union 1
Consumer Loan Processor
$0/yr
$0
$0
RANGE: $0 - $0
State of Alaska
Loan Closer/Processor 3
$71,568/yr
$60,700
$82,436
RANGE: $60,700 - $82,436
Nuvision Federal Credit Union
Indirect Loan Processor / Funder 2
$70,886/yr
$61,042
$80,729
RANGE: $61,042 - $80,729
State of Alaska
Loan Closer/Processor 3 (PCN 089060)
$84,822/yr
$71,254
$98,390
RANGE: $71,254 - $98,390
fnbalaska
Central Loan Processor IV - Specialty Loans
$49,346/yr
$44,084
$54,608
RANGE: $44,084 - $54,608
Bristol Bay Native Corporation
Commercial Loan Processor, Alaska Growth Capital
$72,336/yr
$61,882
$82,790
RANGE: $61,882 - $82,790
fnbalaska
Central Loan Processor III or IV - Commercial Loans
$49,346/yr
$44,084
$54,608
RANGE: $44,084 - $54,608
fnbalaska
Central Loan Processor III - Commercial Loans
$68,097/yr
$59,220
$76,974
RANGE: $59,220 - $76,974

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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

Frequently Asked Questions About a Jr Loan Processor Salaries

What is the average of a Jr Loan Processor in Anchorage, AK?

The Jr Loan Processor salary range is from $51,745 to $69,866, and the average Jr Loan Processor salary is $60,273/year in Anchorage, AK. 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 $68,641 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.