How Much Does a Jr Loan Processor Make in Toledo, OH?

Updated May 01, 2025
As of May 01, 2025, the average annual pay of Jr Loan Processor in Toledo, OH is $52,915. While Salary.com is seeing that Jr Loan Processor salary in Toledo, OH can go up to $69,005 or down to $38,610, but most earn between $45,427 and $61,338. 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
$46,709
Toledo, OH
Per Year
Loan Processor I
$42,104
Toledo, OH
Per Year
Loan Processor II
$46,268
Toledo, OH
Per Year
Loan Processor III
$54,039
Toledo, OH
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
$62,478/yr
$53,801
$71,154
RANGE: $53,801 - $71,154
OC Federal Credit Union
Loan Processor
$64,770/yr
$55,325
$74,215
RANGE: $55,325 - $74,215
$62,080/yr
$53,459
$70,701
RANGE: $53,459 - $70,701
CITIZENS NATIONAL BANK
Loan Processor
$61,625/yr
$52,638
$70,611
RANGE: $52,638 - $70,611
M2
Loan Processor
$62,080/yr
$53,459
$70,701
RANGE: $53,459 - $70,701
$62,478/yr
$53,801
$71,154
RANGE: $53,801 - $71,154
Eastridge
Jr Loan Processor
$65,035/yr
$55,571
$74,498
RANGE: $55,571 - $74,498
CrossCountry Mortgage, LLC
Jr. Loan Officer
$95,406/yr
$76,049
$114,763
RANGE: $76,049 - $114,763
The Croghan Colonial Bank
Loan Processor I
$60,745/yr
$52,292
$69,197
RANGE: $52,292 - $69,197
beBee Careers
Mortgage and Loan Processor
$91,261/yr
$72,749
$109,774
RANGE: $72,749 - $109,774

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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 Toledo, OH?

The Jr Loan Processor salary range is from $45,427 to $61,338, and the average Jr Loan Processor salary is $52,915/year in Toledo, OH. 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 Santa Clara, CA is $69,213 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.