How Much Does a Jr Loan Processor Make in Ohio?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Jr Loan Processor in Ohio is $53,491. While Salary.com is seeing that Jr Loan Processor salary in OH can go up to $69,756 or down to $39,031, but most earn between $45,922 and $62,005. 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
$47,208
Ohio
Per Year
Loan Processor I
$42,702
Ohio
Per Year
Loan Processor II
$46,925
Ohio
Per Year
Loan Processor III
$54,807
Ohio
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
$56,187/yr
$50,531
$61,844
RANGE: $50,531 - $61,844
Antwerp Exchange Bank
Loan Processor
$53,979/yr
$48,545
$59,413
RANGE: $48,545 - $59,413
Home Loan Savings Bank
Loan Processor
$54,270/yr
$48,807
$59,733
RANGE: $48,807 - $59,733
Associates Title, Inc.
Loan Processor
$61,336/yr
$55,134
$67,537
RANGE: $55,134 - $67,537
Greenville Federal
Loan Processor
$59,712/yr
$53,674
$65,749
RANGE: $53,674 - $65,749
NVR Inc
Loan Processor
$57,001/yr
$51,263
$62,739
RANGE: $51,263 - $62,739
BMO U.S.
NMLS Certified Loan Processor
$49,532/yr
$44,458
$54,607
RANGE: $44,458 - $54,607
Insight Global
Commercial Loan Processor
$65,612/yr
$58,953
$72,271
RANGE: $58,953 - $72,271
AMKO Lending LLC
Mortgage Loan Processor
$57,274/yr
$51,507
$63,041
RANGE: $51,507 - $63,041

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

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 Ohio. 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 Ohio. Columbus takes first place in this list, followed by Cleveland, Lakewood. The Jr Loan Processor salary is $53,710 in Columbus, which is lower than the national average. There is 0 city's Jr Loan Processor salary higher than national average in Ohio.
The average salary for a Jr Loan Processor in Ohio is $53,491, but we found that the city with the highest salary for Jr Loan Processor jobs is Columbus, OH, and it is higher than Cleveland. Jr Loan Processor jobs in Columbus can have the opportunity to earn higher salaries than in other cities in Ohio.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Columbus $53,710 $4,476 $1,033 $26
Cleveland $53,710 $4,476 $1,033 $26
Lakewood $53,710 $4,476 $1,033 $26
Euclid $53,655 $4,471 $1,032 $26
Cincinnati $53,491 $4,458 $1,029 $26
Newark $53,381 $4,448 $1,027 $26
Hamilton $53,272 $4,439 $1,024 $26
Lorain $53,217 $4,435 $1,023 $26
Dayton $53,053 $4,421 $1,020 $26
Elyria $53,053 $4,421 $1,020 $26

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 Ohio?

The Jr Loan Processor salary range is from $45,922 to $62,005, and the average Jr Loan Processor salary is $53,491/year in Ohio. 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.