How Much Does a Jr Loan Processor Make in Rochester, NY?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Jr Loan Processor in Rochester, NY is $53,696. While Salary.com is seeing that Jr Loan Processor salary in Rochester, NY can go up to $70,023 or down to $39,177, but most earn between $46,097 and $62,243. 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
$47,394
Rochester, NY
Per Year
Loan Processor I
$42,829
Rochester, NY
Per Year
Loan Processor II
$47,065
Rochester, NY
Per Year
Loan Processor III
$54,970
Rochester, NY
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
Insight Global
Loan Processor
$63,830/yr
$57,405
$70,255
RANGE: $57,405 - $70,255
VirtualVocations
Loan Processor
$66,795/yr
$60,071
$73,518
RANGE: $60,071 - $73,518
tomonetworks
Loan Processor
$71,304/yr
$64,127
$78,481
RANGE: $64,127 - $78,481
$52,119/yr
$47,939
$56,300
RANGE: $47,939 - $56,300
Blackbird Recruiting
Loan Processor
$66,420/yr
$59,733
$73,106
RANGE: $59,733 - $73,106
Premium Merchant Funding
Loan Processor
$66,401/yr
$59,687
$73,115
RANGE: $59,687 - $73,115
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
W3Global
Loan Processor (Credit Union)
$64,857/yr
$58,327
$71,386
RANGE: $58,327 - $71,386
Reliant Home Funding, Inc | NMLS 292473
Mortgage Loan Processor
$60,183/yr
$55,341
$65,025
RANGE: $55,341 - $65,025

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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 Rochester, NY?

The Jr Loan Processor salary range is from $46,097 to $62,243, and the average Jr Loan Processor salary is $53,696/year in Rochester, NY. 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.