How Much Does a Jr Loan Processor Make in Boise, ID?

Updated December 01, 2024
As of December 01, 2024, the average annual pay of Jr Loan Processor in Boise, ID is $50,491. While Salary.com is seeing that Jr Loan Processor salary in Boise, ID can go up to $65,846 or down to $36,842, but most earn between $43,347 and $58,529. 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
$44,446
Boise, ID
Per Year
Loan Processor I
$40,329
Boise, ID
Per Year
Loan Processor II
$44,215
Boise, ID
Per Year
Loan Processor III
$53,224
Boise, ID
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
THE BANK OF COMMERCE
Loan Processor
$47,624/yr
$41,652
$53,597
RANGE: $41,652 - $53,597
Priority Financial Network
Jr. Loan Processor
$71,929/yr
$61,462
$82,396
RANGE: $61,462 - $82,396
Westmark Credit Union
Indirect Loan Processor
$50,264/yr
$43,994
$56,534
RANGE: $43,994 - $56,534
Idaho Central Credit Union
Indirect Loan Processor-Chubbuck
$56,619/yr
$48,436
$64,802
RANGE: $48,436 - $64,802
Texana Bank National Association
Mortgage Loan Processor; BR 34 - Dildine; 12/3/2024
$60,969/yr
$52,097
$69,841
RANGE: $52,097 - $69,841
Cornerstone Financial Services
Jr. Loan Processor (Bi-lingual Spanish)
$76,260/yr
$65,163
$87,358
RANGE: $65,163 - $87,358
$62,606/yr
$54,367
$70,844
RANGE: $54,367 - $70,844
VELOX
Jr. SEO Analyst
$89,945/yr
$80,515
$99,375
RANGE: $80,515 - $99,375
Melaleuca, Inc.
Jr Mechanic - Mornings
$58,253/yr
$50,364
$66,142
RANGE: $50,364 - $66,142
New American Funding
Jr. Loan Officer
$78,649/yr
$65,063
$92,235
RANGE: $65,063 - $92,235

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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 Boise, ID?

The Jr Loan Processor salary range is from $43,347 to $58,529, and the average Jr Loan Processor salary is $50,491/year in Boise, ID. 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 $68,136 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.