How Much Does a Jr Loan Processor Make in Reno, NV?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Jr Loan Processor in Reno, NV is $54,852. While Salary.com is seeing that Jr Loan Processor salary in Reno, NV can go up to $71,530 or down to $40,020, but most earn between $47,088 and $63,581. 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
$48,413
Reno, NV
Per Year
Loan Processor I
$43,750
Reno, NV
Per Year
Loan Processor II
$48,077
Reno, NV
Per Year
Loan Processor III
$56,152
Reno, NV
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
Home Funding Corp.
Jr Processor
$61,311/yr
$55,111
$67,510
RANGE: $55,111 - $67,510
New American Funding
Jr. Loan Officer
$62,917/yr
$56,691
$69,143
RANGE: $56,691 - $69,143
Silver State Schools Credit Union
Mortgage Loan Processor
$57,251/yr
$51,486
$63,016
RANGE: $51,486 - $63,016
Eastridge
Jr Loan Processor
$57,507/yr
$51,717
$63,298
RANGE: $51,717 - $63,298
21st Century Lending
Jr. Loan Processor
$62,681/yr
$56,369
$68,992
RANGE: $56,369 - $68,992
SWE Homes, LP
Jr. Mortgage Loan Processor & Loan Officer Assistant
$58,000/yr
$52,161
$63,839
RANGE: $52,161 - $63,839
$37,967/yr
$34,139
$41,794
RANGE: $34,139 - $41,794
Way.com
Loan Processor
$59,284/yr
$53,316
$65,252
RANGE: $53,316 - $65,252
CITIZENS NATIONAL BANK
LOAN PROCESSOR
$53,038/yr
$47,699
$58,377
RANGE: $47,699 - $58,377
Fay Financial
Loan Processor
$60,046/yr
$54,001
$66,090
RANGE: $54,001 - $66,090

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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 Reno, NV?

The Jr Loan Processor salary range is from $47,088 to $63,581, and the average Jr Loan Processor salary is $54,852/year in Reno, NV. 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.