How Much Does a Loan Document Processor Make in Minnesota?

Updated May 28, 2024
Filter

Individually reported data submitted by users of our website

Low Confidence
$47,047/yr
Average Base Pay
Low $41,603
Average $47,047
High $52,631
The average salary for Loan Document Processor is $47,047 per year in Minnesota.
download asset banner
Facing Salary Structure Challenges? Let Our Expert Guide You
The job market is increasingly challenging. Our whitepaper, Navigating the Challenges of Creating Salary Structures, offers guidance on creating salary structures. Provide your phone number and work email to download the full version.
We will handle your contact details in line with our Privacy Policy. If you prefer not to receive marketing emails from Salary.com, you can opt-out out of marketing communications at any time by clicking unsubscribe.

Related Job Titles to Loan Document Processor

Document Processor
$36,127
Minnesota
Per Year
Loan Processor
$47,874
Minnesota
Per Year
Loan Processor I
$43,203
Minnesota
Per Year
Loan Processor II
$47,425
Minnesota
Per Year

Similar Job Salaries to Loan Document Processor by Company

FIND A SPECIFIC EMPLOYER
Loading results...
Company average base salary in (usd) range
TEKsystems
Loan Document Processor 20.17/hr MN ONLY
$50,070/yr
$43,941
$56,199
RANGE: $43,941 - $56,199
DHI Mortgage
Loan Processor
$49,740/yr
$43,651
$55,828
RANGE: $43,651 - $55,828
HomeTown Bank
Loan Processor
$49,692/yr
$43,610
$55,775
RANGE: $43,610 - $55,775
WELLS FARGO BANK
Loan processor
$48,277/yr
$42,367
$54,186
RANGE: $42,367 - $54,186
Smart Data Solutions
Mailroom Document Processor
$46,582/yr
$40,056
$53,108
RANGE: $40,056 - $53,108
Compunnel Inc.
Document Imaging Processor
$43,661/yr
$38,683
$48,639
RANGE: $38,683 - $48,639
Farm Credit Network
Loan Processor - Real Estate
$76,281/yr
$62,215
$90,348
RANGE: $62,215 - $90,348
LanceSoft, Inc.
Loan Processor II
$48,277/yr
$42,367
$54,186
RANGE: $42,367 - $54,186
Compeer Financial
Loan Processor - Real Estate
$76,281/yr
$62,215
$90,348
RANGE: $62,215 - $90,348
TalentBridge
Loan Documentation Processor 2
$50,070/yr
$43,941
$56,199
RANGE: $43,941 - $56,199

Open Loan Document Processor Jobs in Minnesota

Create Alert

Top 10 Highest Paying Cities For Loan Document Processor Jobs in Minnesota

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Loan Document 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 Loan Document Processor job salaries in Minnesota. Some cities can pay higher salaries for Loan Document Processor jobs, which can indicate that there is a large demand for Loan Document Processor positions in this city.
The following table shows top 10 cities where the Loan Document Processor salary is higher than other cities in Minnesota. Minneapolis takes first place in this list, followed by Saint Paul, Minnetonka. The Loan Document Processor salary is $48,795 in Minneapolis, which is higher than the national average. There are 7 cities' Loan Document Processor salary higher than national average in Minnesota.
The average salary for a Loan Document Processor in Minnesota is $47,047, but we found that the city with the highest salary for Loan Document Processor jobs is Minneapolis, MN, and it is higher than Saint Paul. Loan Document Processor jobs in Minneapolis can have the opportunity to earn higher salaries than in other cities in Minnesota.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Minneapolis $48,795 $4,066 $938 $23
Saint Paul $48,795 $4,066 $938 $23
Minnetonka $48,795 $4,066 $938 $23
Eden Prairie $48,703 $4,059 $937 $23
Burnsville $48,657 $4,055 $936 $23
Lakeville $48,473 $4,039 $932 $23
Rochester $46,127 $3,844 $887 $22
Saint Cloud $45,345 $3,779 $872 $22
Duluth $44,426 $3,702 $854 $21

What Does a Loan Document Processor Do?

The loan processor makes sure you have all of the proper documentation organized to apply for the loan.
Updated December 06, 2021
Once you complete the minimal eligibility such as experience, annual income and age, you can avail of a loan by applying online with a doorstep document collection facility.
Updated December 22, 2021
45 lakh. However, the amount of your sanction depends on the business loan documents you submit and your business loan eligibility check.
Updated December 22, 2021
A loan processor deals with lots of paperwork and basically assists the loan officer in closing the loan.
Updated December 22, 2021
As a loan processor you have to be very OCD and meticulous on everything from loan opening to loan closing.
Updated December 20, 2021

Frequently Asked Questions About a Loan Document Processor Salaries

What is the average of a Loan Document Processor in Minnesota?

The Loan Document Processor salary range is from $41,603 to $52,631, and the average Loan Document Processor salary is $47,047/year in Minnesota. The Loan Document Processor's salary will change in different locations.

Which location pays the highest Loan Document Processor salary in the United States?

The Loan Document Processor salary in San Jose, CA is $57,716 which is the highest in the US.

What kinds of reasons will influence the Loan Document 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 Loan Document Processor.

What is the growth rate of the Loan Document Processor's salary?

If you are thinking of becoming a Loan Document Processor or planning the next step in your career, find the detailed salary report of a Loan Document Processor.