Jr Loan Processor Salaries in Maine
How Much Does a Jr Loan Processor Make in Maine?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Jr Loan Processor in Maine is $53,373.
While Salary.com is seeing that Jr Loan Processor salary in ME can go up to $69,602
or down to $38,942, but most earn between $45,819 and $61,868.
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
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy.
If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.
Choose a prefer time
Choose Your Preferred Time
All times are listed as US Eastern time (Boston/New York)
-
9:00 AM-9:30 AM
-
9:30 AM-10:00 AM
-
10:00 AM-10:30 AM
-
10:30 AM-11:00 AM
-
11:00 AM-11:30 AM
-
11:30 AM-12:00 PM
-
12:00 PM-12:30 PM
-
12:30 PM-1:00 PM
-
1:00 PM-1:30 PM
-
1:30 PM-2:00 PM
-
2:00 PM-2:30 PM
-
2:30 PM-3:00 PM
-
3:00 PM-3:30 PM
-
3:30 PM-4:00 PM
-
4:00 PM-4:30 PM
-
4:30 PM-5:00 PM
-
5:00 PM-5:30 PM
-
5:30 PM-6:00 PM
-
6:00 PM-6:30 PM
-
6:30 PM-7:00 PM
-
7:00 PM-7:30 PM
-
7:30 PM-8:00 PM
Similar Job Salaries to Jr Loan Processor by Company
Loading results...
| Company | average base salary in (usd) | range |
|---|---|---|
|
Eastridge
Jr Loan Processor
|
$57,507/yr
|
RANGE: $51,717 - $63,298
|
|
CrossCountry Mortgage
Jr Loan Processor
|
$63,901/yr
|
RANGE: $57,439 - $70,364
|
|
Commercial Mortgage Depot
Jr. Loan Processor
|
$71,604/yr
|
RANGE: $64,363 - $78,846
|
|
Kennebunk Savings
342 - Loan Servicing Specialist - Loan Processor
|
$56,647/yr
|
RANGE: $50,815 - $62,479
|
|
$46,773/yr
|
RANGE: $41,934 - $51,611
|
|
|
Absolute Title, LLC
Processor
|
$65,026/yr
|
RANGE: $58,179 - $71,874
|
|
Paramount Residential Mortgage Group
Jr. Processor
|
$60,011/yr
|
RANGE: $53,944 - $66,079
|
|
Home Funding Corp.
Jr Processor
|
$61,311/yr
|
RANGE: $55,111 - $67,510
|
|
BankFirst Financial Services
Loan Processor
|
$49,540/yr
|
RANGE: $44,553 - $54,527
|
Top 10 Highest Paying Cities For Jr Loan Processor Jobs in Maine
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Jr Loan Processor can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Jr Loan Processor job salaries in Maine.
Some cities can pay higher salaries for Jr Loan Processor jobs, which can indicate that there is a large demand for Jr Loan Processor positions in this city.
The following table shows top 10 cities where the Jr Loan Processor salary is higher than other cities in Maine.
Portland takes first place in this list, followed by South Portland, Westbrook.
The Jr Loan Processor salary is $55,103 in Portland,
which is higher than the national average. There are 6 cities' Jr Loan Processor salary higher than national average in Maine.
The average salary for a Jr Loan Processor in Maine is $53,373,
but we found that the city with the highest salary for Jr Loan Processor jobs is Portland, ME, and it is higher than South Portland.
Jr Loan Processor jobs in Portland can have the opportunity to earn higher salaries than in other cities in Maine.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Portland | $55,103 | $4,592 | $1,060 | $26 |
| South Portland | $55,103 | $4,592 | $1,060 | $26 |
| Westbrook | $55,103 | $4,592 | $1,060 | $26 |
| Windham | $55,065 | $4,589 | $1,059 | $26 |
| Saco | $54,994 | $4,583 | $1,058 | $26 |
| Biddeford | $54,846 | $4,571 | $1,055 | $26 |
| Lewiston | $54,556 | $4,546 | $1,049 | $26 |
| Auburn | $54,556 | $4,546 | $1,049 | $26 |
| Augusta | $53,220 | $4,435 | $1,023 | $26 |
| Bangor | $52,437 | $4,370 | $1,008 | $25 |
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
Empower Your Talent Strategy with Salary.com's Skills Library.
Struggling with Managing Your Job Descriptions?
View Job Skills and Competency Data for more than 15,000 Job Titles, 18 Industries, and 26 Job Families.
Skills LibraryOur job description management tool- JobArchitect streamlines your job description process. Say goodbye to the hassle of crafting job descriptions.
Explore JobArchitectFrequently Asked Questions About a Jr Loan Processor Salaries
What is the average of a Jr Loan Processor in Maine?
The Jr Loan Processor salary range is from $45,819 to $61,868, and the average Jr Loan Processor salary is $53,373/year in Maine.
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 $69,046
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.
