How Much Does a Jr Loan Processor Make in Mississippi?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Jr Loan Processor in Mississippi is $48,787. While Salary.com is seeing that Jr Loan Processor salary in MS can go up to $63,622 or down to $35,599, but most earn between $41,884 and $56,552. 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
$43,057
Mississippi
Per Year
Loan Processor I
$38,947
Mississippi
Per Year
Loan Processor II
$42,799
Mississippi
Per Year
Loan Processor III
$49,988
Mississippi
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
Farm Credit Council
Loan Processor
$44,095/yr
$40,558
$47,631
RANGE: $40,558 - $47,631
First South LLC
Loan Processor
$44,095/yr
$40,558
$47,631
RANGE: $40,558 - $47,631
First South Farm Credit
Loan Processor
$44,095/yr
$40,558
$47,631
RANGE: $40,558 - $47,631
The Citizens Bank of Philadelphia
Consumer Loan Processor
$49,331/yr
$44,477
$54,185
RANGE: $44,477 - $54,185
BankPlus
Mortgage Loan Processor II - Crescent, Ridgeland, MS
$51,850/yr
$46,629
$57,071
RANGE: $46,629 - $57,071
$45,975/yr
$42,288
$49,663
RANGE: $42,288 - $49,663
AlphaX RE Capital
Loan Processor
$57,782/yr
$51,966
$63,599
RANGE: $51,966 - $63,599
$63,865/yr
$57,436
$70,293
RANGE: $57,436 - $70,293
Antwerp Exchange Bank
Loan Processor
$53,979/yr
$48,545
$59,413
RANGE: $48,545 - $59,413
MBT Bank
Loan Processor
$54,901/yr
$50,436
$59,366
RANGE: $50,436 - $59,366

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Top 10 Highest Paying Cities For Jr Loan Processor Jobs in Mississippi

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 Mississippi. 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 Mississippi. Southaven takes first place in this list, followed by Olive Branch, Jackson. The Jr Loan Processor salary is $51,139 in Southaven, which is lower than the national average. There is 0 city's Jr Loan Processor salary higher than national average in Mississippi.
The average salary for a Jr Loan Processor in Mississippi is $48,787, but we found that the city with the highest salary for Jr Loan Processor jobs is Southaven, MS, and it is higher than Olive Branch. Jr Loan Processor jobs in Southaven can have the opportunity to earn higher salaries than in other cities in Mississippi.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Southaven $51,139 $4,262 $983 $25
Olive Branch $51,030 $4,252 $981 $25
Jackson $48,623 $4,052 $935 $23
Greenville $48,623 $4,052 $935 $23
Biloxi $48,459 $4,038 $932 $23
Meridian $48,350 $4,029 $930 $23
Pascagoula $48,240 $4,020 $928 $23
Gulfport $48,076 $4,006 $925 $23
Hattiesburg $47,803 $3,984 $919 $23
Columbus $46,654 $3,888 $897 $22

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 Mississippi?

The Jr Loan Processor salary range is from $41,884 to $56,552, and the average Jr Loan Processor salary is $48,787/year in Mississippi. 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.